Values have been changing and have risen £2,617 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £8,424 in last 6 months, £21,175 in last 1 year, £31,047 in last 2 years, £34,388 in last 3 years, £31,013 in last 4 years and £30,059 in last 5 years.
Currently average asking price of a property in Lower Drayton Lane, Drayton, Portsmouth, PO6 is around £264,775 based on approximately 3 properties for sale. Same is the case with rental options based on 50 properties up for rent, average asking rent is around £1,547 per month.
Estimated property value in Lower Drayton Lane, Drayton, Portsmouth, PO6 is £250,873. Average asking price is £264,775 while average price paid is £188,500 which is up by £21,175 and Avg. asking rent £1,547.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 Lower Drayton Lane, Drayton, Portsmouth, PO6 area. In last 1 year alone average price buyer paid is around £188,500 based on approximately 3 sales in Lower Drayton Lane, Drayton, Portsmouth, PO6 area alone. If you compare it to last 3 years sales of 11 properties where buyers paid around £216,636. 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 £208,388 for 18 and average amount paid for purchase of approx. 25 properties sold in last 7 years comes to about £198,404 per sale.