Values have been changing and have risen £1,775 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £5,742 in last 6 months, £13,535 in last 1 year, £19,448 in last 2 years, £18,957 in last 3 years, £18,200 in last 4 years and £18,293 in last 5 years.
Currently average asking price of a property in Fifth Street, Portsmouth, PO1 is around £309,251 based on approximately 3 properties for sale. Same is the case with rental options based on 147 properties up for rent, average asking rent is around £1,208 per month.
Estimated property value in Fifth Street, Portsmouth, PO1 is £163,941. Average asking price is £309,251 while average price paid is £146,666 which is up by £13,535 and Avg. asking rent £1,208.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 Fifth Street, Portsmouth, PO1 area. In last 1 year alone average price buyer paid is around £146,666 based on approximately 3 sales in Fifth Street, Portsmouth, PO1 area alone. If you compare it to last 3 years sales of 7 properties where buyers paid around £140,058. 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 £137,570 for 13 and average amount paid for purchase of approx. 14 properties sold in last 7 years comes to about £138,136 per sale.