Average Price for property in Pennal, Machynlleth, SY20 is around £203,545 which varies based on type of property you are interested in and ranges from £264,204 for detached house to around £138,480 for semi-detached. Similarly terraced house is around £140,642 and a flat is worth £72,639. Values have been changing and have risen £231 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £2,458 in last 6 months, £6,878 in last 1 year, £13,414 in last 2 years, £14,930 in last 3 years, £15,691 in last 4 years and £12,557 in last 5 years.
Currently average asking price of a property in Pennal, Machynlleth, SY20 is around £178,970 based on approximately 2 properties for sale. Same is the case with rental options based on 7 properties up for rent, average asking rent is around £417 per month.
Estimated property value in Pennal, Machynlleth, SY20 is £203,545. Average asking price is £178,970 while average price paid is £177,125 which is up by £6,878 and Avg. asking rent £417.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 Pennal, Machynlleth, SY20 area. In last 1 year alone average price buyer paid is around £177,125 based on approximately 2 sales in Pennal, Machynlleth, SY20 area alone. If you compare it to last 3 years sales of 5 properties where buyers paid around £173,849. 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 £207,385 for 11 and average amount paid for purchase of approx. 15 properties sold in last 7 years comes to about £190,549 per sale.