Average Price for property in Redlands Road, Penarth, CF64 is around £295,265 which varies based on type of property you are interested in and ranges from £346,682 for detached house to around £310,551 for semi-detached. Similarly terraced house is around £258,983 and a flat is worth £118,396. Values have been changing and have risen £1,327 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £1,519 in last 6 months, £19,737 in last 1 year, £31,038 in last 2 years, £32,537 in last 3 years, £34,388 in last 4 years and £32,784 in last 5 years.
Currently average asking price of a property in Redlands Road, Penarth, CF64 is around £369,150 based on approximately 6 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 Road, Penarth, CF64 is £295,265. Average asking price is £369,150 while average price paid is £273,333 which is up by £19,737 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 Road, Penarth, CF64 area. In last 1 year alone average price buyer paid is around £273,333 based on approximately 6 sales in Redlands Road, Penarth, CF64 area alone. If you compare it to last 3 years sales of 22 properties where buyers paid around £247,179. It has been same for some time now for e.g. if you take an average of amount paid in last 5 years, it comes to around £237,531 for 30 and average amount paid for purchase of approx. 44 properties sold in last 7 years comes to about £235,839 per sale.