Average Price for property in Chestnut Road, Southampton, SO16 is around £165,442 which varies based on type of property you are interested in and ranges from £115,160 for detached house to around £169,408 for semi-detached. Similarly terraced house is around £162,214 and a flat is worth £153,029. Values have been changing and have risen £776 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £1,273 in last 6 months, £12,010 in last 1 year, £20,002 in last 2 years, £20,524 in last 3 years, £18,963 in last 4 years and £20,094 in last 5 years.
Currently average asking price of a property in Chestnut Road, Southampton, SO16 is around £305,761 based on approximately 2 properties for sale. Same is the case with rental options based on 220 properties up for rent, average asking rent is around £1,254 per month.
Estimated property value in Chestnut Road, Southampton, SO16 is £165,442. Average asking price is £305,761 while average price paid is £132,500 which is up by £12,010 and Avg. asking rent £1,254.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 Chestnut Road, Southampton, SO16 area. In last 1 year alone average price buyer paid is around £132,500 based on approximately 2 sales in Chestnut Road, Southampton, SO16 area alone. If you compare it to last 3 years sales of 4 properties where buyers paid around £135,250. 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 £135,200 for 5 and average amount paid for purchase of approx. 7 properties sold in last 7 years comes to about £135,714 per sale.