Average Price for property in Lorne Road, Southsea, PO5 is around £465,481 which varies based on type of property you are interested in and ranges from £565,535 for detached house to around £465,356 for semi-detached. Similarly terraced house is around £432,466. Values have been changing and have risen £3,138 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £10,053 in last 6 months, £34,687 in last 1 year, £57,029 in last 2 years, £56,581 in last 3 years, £57,297 in last 4 years and £55,441 in last 5 years.
Currently average asking price of a property in Lorne Road, Southsea, PO5 is around £233,711 based on approximately 1 properties for sale. Same is the case with rental options based on 446 properties up for rent, average asking rent is around £1,196 per month.
Estimated property value in Lorne Road, Southsea, PO5 is £465,481. Average asking price is £233,711 while average price paid is £460,000 which is up by £34,687 and Avg. asking rent £1,196.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 Lorne Road, Southsea, PO5 area. In last 1 year alone average price buyer paid is around £460,000 based on approximately 1 sales in Lorne Road, Southsea, PO5 area alone. If you compare it to last 3 years sales of 4 properties where buyers paid around £424,000. 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 £401,000 for 8 and average amount paid for purchase of approx. 11 properties sold in last 7 years comes to about £384,590 per sale.