Average Price for property in Balfour Road, Portsmouth, PO2 is around £194,918 which varies based on type of property you are interested in and ranges from £269,203 for detached house to around £200,416 for semi-detached. Similarly terraced house is around £193,467. Values have been changing and have risen £1,539 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £4,729 in last 6 months, £14,017 in last 1 year, £23,961 in last 2 years, £24,632 in last 3 years, £23,300 in last 4 years and £23,479 in last 5 years.
Currently average asking price of a property in Balfour Road, Portsmouth, PO2 is around £162,627 based on approximately 9 properties for sale. Same is the case with rental options based on 80 properties up for rent, average asking rent is around £677 per month.
Estimated property value in Balfour Road, Portsmouth, PO2 is £194,918. Average asking price is £162,627 while average price paid is £176,444 which is up by £14,017 and Avg. asking rent £677.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 Balfour Road, Portsmouth, PO2 area. In last 1 year alone average price buyer paid is around £176,444 based on approximately 9 sales in Balfour Road, Portsmouth, PO2 area alone. If you compare it to last 3 years sales of 22 properties where buyers paid around £168,772. 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 £163,955 for 34 and average amount paid for purchase of approx. 46 properties sold in last 7 years comes to about £160,662 per sale.