Values have been changing and have risen £2,196 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £4,981 in last 6 months, £22,362 in last 1 year, £37,987 in last 2 years, £48,875 in last 3 years, £47,900 in last 4 years and £50,262 in last 5 years.
Currently average asking price of a property in Lancaster Road, Southall, UB1 is around £350,939 based on approximately 1 properties for sale. Same is the case with rental options based on 54 properties up for rent, average asking rent is around £1,409 per month.
Estimated property value in Lancaster Road, Southall, UB1 is £302,456. Average asking price is £350,939 while average price paid is £275,000 which is up by £22,362 and Avg. asking rent £1,409.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 Lancaster Road, Southall, UB1 area. In last 1 year alone average price buyer paid is around £275,000 based on approximately 1 sales in Lancaster Road, Southall, UB1 area alone. If you compare it to last 3 years sales of 1 properties where buyers paid around £275,000. 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 £261,250 for 4 and average amount paid for purchase of approx. 4 properties sold in last 7 years comes to about £261,250 per sale.