Average Price for property in Farnborough is around £287,943 which varies based on type of property you are interested in and ranges from £426,095 for detached house to around £291,027 for semi-detached. Similarly terraced house is around £239,244 and a flat is worth £186,967. Values have been changing and have risen £832 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £3,006 in last 6 months, £29,289 in last 1 year, £38,469 in last 2 years, £43,656 in last 3 years, £49,156 in last 4 years and £46,603 in last 5 years.
Currently average asking price of a property in Farnborough is around £278,366 based on approximately 927 properties for sale. Same is the case with rental options based on 57 properties up for rent, average asking rent is around £1,290 per month.
Estimated property value in Farnborough is £287,943. Average asking price is £278,366 while average price paid is £245,288 which is up by £29,289 and Avg. asking rent £1,290.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 Farnborough area. In last 1 year alone average price buyer paid is around £245,288 based on approximately 927 sales in Farnborough area alone. If you compare it to last 3 years sales of 2,683 properties where buyers paid around £231,296. 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 £226,928 for 4,366 and average amount paid for purchase of approx. 5,937 properties sold in last 7 years comes to about £222,135 per sale.