Values have been changing and have risen £995 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £1,633 in last 6 months, £15,416 in last 1 year, £25,673 in last 2 years, £26,341 in last 3 years, £24,335 in last 4 years and £25,783 in last 5 years.
Currently average asking price of a property in Lancaster Road, Southampton, SO16 is around £305,761 based on approximately 0 properties for sale. Same is the case with rental options based on 220 properties up for rent, average asking rent is around £1,254 per month.
Estimated property value in Lancaster Road, Southampton, SO16 is £212,377. Average asking price is £305,761 while average price paid is £163,750 which is up by £26,341 and Avg. asking rent £1,254.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, Southampton, SO16 area. In last 3 years alone average price buyer paid is around £163,750 based on approximately 2 sales in Lancaster Road, Southampton, SO16 area alone. If you compare it to last 5 years sales of 9 properties where buyers paid around £163,716. It has been same for some time now for e.g. if you take an average of amount paid in last 7 years, it comes to around £153,215 for 16 per sale.