Values have been changing and have risen £1,624 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £2,843 in last 6 months, £9,403 in last 1 year, £12,900 in last 2 years, £8,783 in last 3 years, £12,276 in last 4 years and £19,069 in last 5 years.
Currently average asking price of a property in Itchen Avenue, Fair Oak, Eastleigh, SO50 is around £274,074 based on approximately 6 properties for sale. Same is the case with rental options based on 49 properties up for rent, average asking rent is around £849 per month.
Estimated property value in Itchen Avenue, Fair Oak, Eastleigh, SO50 is £206,572. Average asking price is £274,074 while average price paid is £193,168 which is up by £9,403 and Avg. asking rent £849.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 Itchen Avenue, Fair Oak, Eastleigh, SO50 area. In last 1 year alone average price buyer paid is around £193,168 based on approximately 6 sales in Itchen Avenue, Fair Oak, Eastleigh, SO50 area alone. If you compare it to last 3 years sales of 14 properties where buyers paid around £159,068. 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 £166,800 for 19 and average amount paid for purchase of approx. 6 properties sold in last 7 years comes to about £193,168 per sale.