Values have been changing and have risen £1,273 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £3,914 in last 6 months, £11,600 in last 1 year, £19,827 in last 2 years, £20,383 in last 3 years, £19,280 in last 4 years and £19,430 in last 5 years.
Currently average asking price of a property in Cardiff Road, Portsmouth, PO2 is around £162,627 based on approximately 10 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 Cardiff Road, Portsmouth, PO2 is £171,103. Average asking price is £162,627 while average price paid is £144,900 which is up by £11,600 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 Cardiff Road, Portsmouth, PO2 area. In last 1 year alone average price buyer paid is around £144,900 based on approximately 10 sales in Cardiff Road, Portsmouth, PO2 area alone. If you compare it to last 3 years sales of 19 properties where buyers paid around £140,279. 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 £136,632 for 25 and average amount paid for purchase of approx. 31 properties sold in last 7 years comes to about £135,703 per sale.