Values have been changing and have risen £1,268 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £3,654 in last 6 months, £9,788 in last 1 year, £16,078 in last 2 years, £15,130 in last 3 years, £15,852 in last 4 years and £14,794 in last 5 years.
Currently average asking price of a property in Kings Road, East Cowes, PO32 is around £197,772 based on approximately 4 properties for sale. Same is the case with rental options based on 30 properties up for rent, average asking rent is around £675 per month.
Estimated property value in Kings Road, East Cowes, PO32 is £131,826. Average asking price is £197,772 while average price paid is £120,625 which is up by £9,788 and Avg. asking rent £675.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 Kings Road, East Cowes, PO32 area. In last 1 year alone average price buyer paid is around £120,625 based on approximately 4 sales in Kings Road, East Cowes, PO32 area alone. If you compare it to last 3 years sales of 9 properties where buyers paid around £110,000. 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 £106,483 for 15 and average amount paid for purchase of approx. 19 properties sold in last 7 years comes to about £111,250 per sale.