Average Price for property in Commercial Road, Southampton, SO15 is around £113,629 which varies based on type of property you are interested in and ranges from £504,394 for terraced house to around £107,966 for a flat. Values have been changing and have risen £977 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £2,348 in last 6 months, £8,257 in last 1 year, £13,937 in last 2 years, £14,665 in last 3 years, £11,225 in last 4 years and £13,549 in last 5 years.
Currently average asking price of a property in Commercial Road, Southampton, SO15 is around £194,666 based on approximately 4 properties for sale. Same is the case with rental options based on 841 properties up for rent, average asking rent is around £1,053 per month.
Estimated property value in Commercial Road, Southampton, SO15 is £113,629. Average asking price is £194,666 while average price paid is £91,750 which is up by £8,257 and Avg. asking rent £1,053.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 Commercial Road, Southampton, SO15 area. In last 1 year alone average price buyer paid is around £91,750 based on approximately 4 sales in Commercial Road, Southampton, SO15 area alone. If you compare it to last 3 years sales of 10 properties where buyers paid around £85,400. 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 £88,263 for 15 and average amount paid for purchase of approx. 18 properties sold in last 7 years comes to about £87,300 per sale.