Average Price for property in Derwent Road, Lee-on-the-Solent, PO13 is around £224,825 which varies based on type of property you are interested in and ranges from £287,427 for detached house to around £252,640 for semi-detached. Similarly terraced house is around £198,992. Values have been changing and have risen £3,047 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £8,899 in last 6 months, £20,434 in last 1 year, £30,808 in last 2 years, £30,055 in last 3 years, £30,398 in last 4 years and £28,867 in last 5 years.
Currently average asking price of a property in Derwent Road, Lee-on-the-Solent, PO13 is around £218,099 based on approximately 2 properties for sale. Same is the case with rental options based on 34 properties up for rent, average asking rent is around £2,199 per month.
Estimated property value in Derwent Road, Lee-on-the-Solent, PO13 is £224,825. Average asking price is £218,099 while average price paid is £211,500 which is up by £20,434 and Avg. asking rent £2,199.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 Derwent Road, Lee-on-the-Solent, PO13 area. In last 1 year alone average price buyer paid is around £211,500 based on approximately 2 sales in Derwent Road, Lee-on-the-Solent, PO13 area alone. If you compare it to last 3 years sales of 3 properties where buyers paid around £196,666. 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 £181,000 for 5 and average amount paid for purchase of approx. 5 properties sold in last 7 years comes to about £181,000 per sale.