Redlands Avenue, Penarth, CF64

Street Guide For Redlands Avenue, Penarth, CF64

 

Redlands Avenue, Penarth, CF64 Map

Estimated Price: £185,446
Average Asking Price: £369,150
Price change in last one year: £12,398
Average Price Paid: £150,475
Average Rent Rates: £917

 

Property Prices Breakdown in Redlands Avenue, Penarth, CF64

Average Price for property in Redlands Avenue, Penarth, CF64 is around £185,446 which varies based on type of property you are interested in and ranges from £197,205 for detached house to around £225,653 for semi-detached. Similarly terraced house is around £93,270. Values have been changing and have risen £834 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £955 in last 6 months, £12,398 in last 1 year, £19,497 in last 2 years, £20,442 in last 3 years, £21,605 in last 4 years and £20,599 in last 5 years.

Currently average asking price of a property in Redlands Avenue, Penarth, CF64 is around £369,150 based on approximately 0 properties for sale. Same is the case with rental options based on 69 properties up for rent, average asking rent is around £917 per month.

Estimated property value in Redlands Avenue, Penarth, CF64 is £185,446. Average asking price is £369,150 while average price paid is £139,950 which is up by £20,442 and Avg. asking rent £917.Based on an Online Survey

Buyers are willing to pay high dollar prices to grab these properties because of the recent trend in real estate investment especially in Redlands Avenue, Penarth, CF64 area. In last 3 years alone average price buyer paid is around £139,950 based on approximately 1 sales in Redlands Avenue, Penarth, CF64 area alone. If you compare it to last 5 years sales of 2 properties where buyers paid around £150,475. It has been same for some time now for e.g. if you take an average of amount paid in last 7 years, it comes to around £153,650 for 3 per sale.

 
 

Breakdown of asking prices for homes of different sizes show that price varies clearly based on no of bedrooms and type of house. Asking price for a house with 1 bedroom is around £101,625, £179,229 for a 2 bedroom house, £273,435 for a 3 bedroom house, £485,172 for a 4 bedroom house and £658,411 for a 5 bedroom house. For a flat similarly the prices varies from £113,507 for a single bedroom to £186,529 for a 2 bedroom Flat. Same is the case with 3 bedroom flat £274,350 and £550,000 for a 4 bedroom flat. To sum up the asking prices for properties in Redlands Avenue, Penarth, CF64 it comes to around average £111,005 for 1 bedroom property, £184,427 for 2 bedroom, £273,530 for 3 bedroom, £485,963 for 4 bedroom and £658,411 for a 5 bedroom property.

Rent per calendar month varies similarly based on type and size of the house. If you look at the rents per month for houses alone it can vary from £777 for 2 bedroom to £806 for 3 bedroom, £1,140 for 4 bedroom and £2,750 for 5 bedroom. But if you are interested in renting a 1 bedroom flat then rent per month can be around £577. As the no. of bedroom increase so will the rent e.g. for a 2 bedroom flat it will be around £804, £1,036 for 3 bedroom and £2,249 for 4 bedroom. You should be generally be expecting around average £577 rent per month for single bedroom property, £798 for 2 bedroom, £898 for 3 bedroom, £1,417 for 4 bedroom and approximately £2,750 for a 5 bedroom property in Redlands Avenue, Penarth, CF64 area.

Popular Houses in Redlands Avenue, Penarth, CF64

Disclaimer : Location real estate estimates and values are based on House price index background data and Sales data provided by United Kingdom Land registry Records available as public records from their website. This information is updated monthly on our website and may not reflect all public transactions. This information is based on estimated calculation generated from our developed algorithms. We are striving to make this information as accurate and useful as possible. This data covers the transactions received at Land Registry in the period 1/1/1995 to 9/1/2014. © Crown copyright 2014. Data produced by Land Registry © Crown copyright 2014.

Areas in and around Redlands Avenue, Penarth, CF64