Average Price for property in Fareham is around £271,916 which varies based on type of property you are interested in and ranges from £391,799 for detached house to around £240,917 for semi-detached. Similarly terraced house is around £207,219 and a flat is worth £152,180. Values have been changing and have risen £818 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £4,758 in last 6 months, £25,034 in last 1 year, £33,522 in last 2 years, £37,825 in last 3 years, £29,582 in last 4 years and £33,307 in last 5 years.
Currently average asking price of a property in Fareham is around £322,302 based on approximately 1,500 properties for sale. Same is the case with rental options based on 158 properties up for rent, average asking rent is around £2,991 per month.
Estimated property value in Fareham is £271,916. Average asking price is £322,302 while average price paid is £238,781 which is up by £25,034 and Avg. asking rent £2,991.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 Fareham area. In last 1 year alone average price buyer paid is around £238,781 based on approximately 1,500 sales in Fareham area alone. If you compare it to last 3 years sales of 4,526 properties where buyers paid around £230,221. 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 £227,097 for 7,211 and average amount paid for purchase of approx. 9,668 properties sold in last 7 years comes to about £224,274 per sale.