Average Price for property in Cherry Wood, Penwortham, Preston, PR1 is around £199,494 which varies based on type of property you are interested in and ranges from £200,889 for detached house to around £190,077 for semi-detached. Values have been changing and have risen £1,039 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £4,856 in last 6 months, £10,387 in last 1 year, £17,085 in last 2 years, £17,200 in last 3 years, £14,728 in last 4 years and £8,240 in last 5 years.
Currently average asking price of a property in Cherry Wood, Penwortham, Preston, PR1 is around £149,166 based on approximately 4 properties for sale. Same is the case with rental options based on 350 properties up for rent, average asking rent is around £839 per month.
Estimated property value in Cherry Wood, Penwortham, Preston, PR1 is £199,494. Average asking price is £149,166 while average price paid is £176,250 which is up by £10,387 and Avg. asking rent £839.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 Cherry Wood, Penwortham, Preston, PR1 area. In last 1 year alone average price buyer paid is around £176,250 based on approximately 4 sales in Cherry Wood, Penwortham, Preston, PR1 area alone. If you compare it to last 3 years sales of 7 properties where buyers paid around £176,000. 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 £180,250 for 8 and average amount paid for purchase of approx. 13 properties sold in last 7 years comes to about £183,769 per sale.