Values have been changing and have risen £1,427 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £3,863 in last 6 months, £9,504 in last 1 year, £16,576 in last 2 years, £16,416 in last 3 years, £16,565 in last 4 years and £15,761 in last 5 years.
Currently average asking price of a property in Jeals Lane, Sandown, PO36 is around £229,431 based on approximately 5 properties for sale. Same is the case with rental options based on 30 properties up for rent, average asking rent is around £693 per month.
Estimated property value in Jeals Lane, Sandown, PO36 is £137,885. Average asking price is £229,431 while average price paid is £134,980 which is up by £9,504 and Avg. asking rent £693.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 Jeals Lane, Sandown, PO36 area. In last 1 year alone average price buyer paid is around £134,980 based on approximately 5 sales in Jeals Lane, Sandown, PO36 area alone. If you compare it to last 3 years sales of 11 properties where buyers paid around £126,854. 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 £119,329 for 27 and average amount paid for purchase of approx. 30 properties sold in last 7 years comes to about £120,363 per sale.