Tannery Lane, Penketh, Warrington, WA5

Street Guide For Tannery Lane, Penketh, Warrington, WA5

 

Tannery Lane, Penketh, Warrington, WA5 Map

Estimated Price: £250,246
Average Asking Price: £195,922
Price change in last one year: £15,513
Average Price Paid: £187,333
Average Rent Rates: £1,150

 

Property Prices Breakdown in Tannery Lane, Penketh, Warrington, WA5

Average Price for property in Tannery Lane, Penketh, Warrington, WA5 is around £250,246 which varies based on type of property you are interested in and ranges from £293,594 for detached house to around £212,257 for semi-detached. Similarly terraced house is around £159,259. Values have been changing and have risen £582 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £2,793 in last 6 months, £15,513 in last 1 year, £26,950 in last 2 years, £25,388 in last 3 years, £15,855 in last 4 years and £17,838 in last 5 years.

Currently average asking price of a property in Tannery Lane, Penketh, Warrington, WA5 is around £195,922 based on approximately 1 properties for sale. Same is the case with rental options based on 89 properties up for rent, average asking rent is around £1,150 per month.

Estimated property value in Tannery Lane, Penketh, Warrington, WA5 is £250,246. Average asking price is £195,922 while average price paid is £172,000 which is up by £15,513 and Avg. asking rent £1,150.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 Tannery Lane, Penketh, Warrington, WA5 area. In last 1 year alone average price buyer paid is around £172,000 based on approximately 1 sales in Tannery Lane, Penketh, Warrington, WA5 area alone. If you compare it to last 3 years sales of 2 properties where buyers paid around £171,000. 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 £187,333 for 3 and average amount paid for purchase of approx. 6 properties sold in last 7 years comes to about £238,666 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 £104,472, £110,545 for a 2 bedroom house, £157,611 for a 3 bedroom house, £271,497 for a 4 bedroom house and £379,065 for a 5 bedroom house. For a flat similarly the prices varies from £66,556 for a single bedroom to £99,978 for a 2 bedroom Flat. To sum up the asking prices for properties in Tannery Lane, Penketh, Warrington, WA5 it comes to around average £74,140 for 1 bedroom property, £108,349 for 2 bedroom, £157,611 for 3 bedroom, £271,497 for 4 bedroom and £379,065 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 £422 for 1 bedroom to £518 for 2 bedrooms, £672 for 3 bedrooms, £898 for 4 bedrooms and £1,196 for 5 bedrooms house. But if you are interested in renting a 1 bedroom flat then rent per month can be around £372. As the no. of bedroom increase so will the rent e.g. for a 2 bedroom flat it will be around £537. You should be generally be expecting around average £389 rent per month for single bedroom property, £526 for 2 bedroom, £672 for 3 bedroom, £898 for 4 bedroom and approximately £1,196 for a 5 bedroom property in Tannery Lane, Penketh, Warrington, WA5 area.

Popular Houses in Tannery Lane, Penketh, Warrington, WA5

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 Tannery Lane, Penketh, Warrington, WA5