The Esplanade, Penarth, CF64

Street Guide For The Esplanade, Penarth, CF64

 

The Esplanade, Penarth, CF64 Map

Estimated Price: £206,423
Average Asking Price: £369,150
Price change in last one year: £13,800
Average Price Paid: £165,852
Average Rent Rates: £917

 

Property Prices Breakdown in The Esplanade, Penarth, CF64

Average Price for property in The Esplanade, Penarth, CF64 is around £206,423 e.g. average price for a flat is around 208,004. Values have been changing and have risen £928 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £1,062 in last 6 months, £13,800 in last 1 year, £21,702 in last 2 years, £22,750 in last 3 years, £24,045 in last 4 years and £22,924 in last 5 years.

Currently average asking price of a property in The Esplanade, Penarth, CF64 is around £369,150 based on approximately 5 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 The Esplanade, Penarth, CF64 is £206,423. Average asking price is £369,150 while average price paid is £182,000 which is up by £13,800 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 The Esplanade, Penarth, CF64 area. In last 1 year alone average price buyer paid is around £182,000 based on approximately 5 sales in The Esplanade, Penarth, CF64 area alone. If you compare it to last 3 years sales of 13 properties where buyers paid around £163,615. 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 £165,852 for 17 and average amount paid for purchase of approx. 20 properties sold in last 7 years comes to about £165,350 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 The Esplanade, 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 The Esplanade, Penarth, CF64 area.

Popular Houses in The Esplanade, 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 The Esplanade, Penarth, CF64