Binness Way, Farlington, Portsmouth, PO6

Street Guide For Binness Way, Farlington, Portsmouth, PO6

 

Binness Way, Farlington, Portsmouth, PO6 Map

Estimated Price: £204,155
Average Asking Price: £264,775
Price change in last one year: £17,421
Average Price Paid: £166,900
Average Rent Rates: £1,547

 

Property Prices Breakdown in Binness Way, Farlington, Portsmouth, PO6

Average Price for property in Binness Way, Farlington, Portsmouth, PO6 is around £204,155 e.g. average price for terraced house is around 204,155. Values have been changing and have risen £2,154 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £6,931 in last 6 months, £17,421 in last 1 year, £25,542 in last 2 years, £28,291 in last 3 years, £25,516 in last 4 years and £24,731 in last 5 years.

Currently average asking price of a property in Binness Way, Farlington, Portsmouth, PO6 is around £264,775 based on approximately 0 properties for sale. Same is the case with rental options based on 50 properties up for rent, average asking rent is around £1,547 per month.

Estimated property value in Binness Way, Farlington, Portsmouth, PO6 is £204,155. Average asking price is £264,775 while average price paid is £166,125 which is up by £28,291 and Avg. asking rent £1,547.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 Binness Way, Farlington, Portsmouth, PO6 area. In last 3 years alone average price buyer paid is around £166,125 based on approximately 4 sales in Binness Way, Farlington, Portsmouth, PO6 area alone. If you compare it to last 5 years sales of 5 properties where buyers paid around £166,900. It has been same for some time now for e.g. if you take an average of amount paid in last 7 years, it comes to around £166,900 for 5 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 £165,817, £209,081 for a 2 bedroom house, £246,348 for a 3 bedroom house, £448,872 for a 4 bedroom house and £589,993 for a 5 bedroom house. For a flat similarly the prices varies from £113,666 for a single bedroom to £179,530 for a 2 bedroom Flat. Same is the case with 3 bedroom flat £283,750. To sum up the asking prices for properties in Binness Way, Farlington, Portsmouth, PO6 it comes to around average £124,096 for 1 bedroom property, £187,865 for 2 bedroom, £248,242 for 3 bedroom, £448,872 for 4 bedroom and £589,993 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 £386 for 1 bedroom to £760 for 2 bedroom, £952 for 3 bedroom and £1,223 for 4 bedroom. But if you are interested in renting a 1 bedroom flat then rent per month can be around £590. As the no. of bedroom increase so will the rent e.g. for a 2 bedroom flat it will be around £741 and £776 for 3 bedroom. You should be generally be expecting around average £499 rent per month for single bedroom property, £749 for 2 bedroom, £933 for 3 bedroom and approximately £1,223 for 4 bedroom property in Binness Way, Farlington, Portsmouth, PO6 area.

Popular Houses in Binness Way, Farlington, Portsmouth, PO6

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 Binness Way, Farlington, Portsmouth, PO6