Average Price for property in Romsey is around £389,328 which varies based on type of property you are interested in and ranges from £579,601 for detached house to around £307,674 for semi-detached. Similarly terraced house is around £253,250 and a flat is worth £202,704. Values have been changing and have risen £931 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £1,786 in last 6 months, £27,228 in last 1 year, £48,197 in last 2 years, £46,131 in last 3 years, £39,013 in last 4 years and £47,967 in last 5 years.
Currently average asking price of a property in Romsey is around £449,270 based on approximately 488 properties for sale. Same is the case with rental options based on 43 properties up for rent, average asking rent is around £1,290 per month.
Estimated property value in Romsey is £389,328. Average asking price is £449,270 while average price paid is £319,285 which is up by £27,228 and Avg. asking rent £1,290.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 Romsey area. In last 1 year alone average price buyer paid is around £319,285 based on approximately 488 sales in Romsey area alone. If you compare it to last 3 years sales of 1,345 properties where buyers paid around £314,027. 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 £312,989 for 2,052 and average amount paid for purchase of approx. 2,588 properties sold in last 7 years comes to about £315,919 per sale.