Values have been changing and have risen £1,748 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £4,297 in last 6 months, £17,111 in last 1 year, £25,842 in last 2 years, £29,211 in last 3 years, £25,247 in last 4 years and £28,582 in last 5 years.
Currently average asking price of a property in Drum Road, Eastleigh, SO50 is around £351,816 based on approximately 7 properties for sale. Same is the case with rental options based on 55 properties up for rent, average asking rent is around £2,375 per month.
Estimated property value in Drum Road, Eastleigh, SO50 is £217,970. Average asking price is £351,816 while average price paid is £188,214 which is up by £17,111 and Avg. asking rent £2,375.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 Drum Road, Eastleigh, SO50 area. In last 1 year alone average price buyer paid is around £188,214 based on approximately 7 sales in Drum Road, Eastleigh, SO50 area alone. If you compare it to last 3 years sales of 16 properties where buyers paid around £170,531. 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 £166,820 for 20 and average amount paid for purchase of approx. 25 properties sold in last 7 years comes to about £162,334 per sale.