Values have been changing and have risen £1,718 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £4,835 in last 6 months, £15,288 in last 1 year, £26,835 in last 2 years, £27,043 in last 3 years, £23,768 in last 4 years and £26,440 in last 5 years.
Currently average asking price of a property in Mengham Road, Hayling Island, PO11 is around £345,791 based on approximately 1 properties for sale. Same is the case with rental options based on 21 properties up for rent, average asking rent is around £803 per month.
Estimated property value in Mengham Road, Hayling Island, PO11 is £218,450. Average asking price is £345,791 while average price paid is £148,000 which is up by £15,288 and Avg. asking rent £803.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 Mengham Road, Hayling Island, PO11 area. In last 1 year alone average price buyer paid is around £148,000 based on approximately 1 sales in Mengham Road, Hayling Island, PO11 area alone. If you compare it to last 3 years sales of 3 properties where buyers paid around £103,333. 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 £103,333 for 3 and average amount paid for purchase of approx. 4 properties sold in last 7 years comes to about £101,875 per sale.