Average Price for property in Mercer Way, Romsey, SO51 is around £206,502 which varies based on type of property you are interested in and ranges from £359,449 for detached house to around £305,462 for semi-detached. Similarly terraced house is around £198,302 and a flat is worth £137,644. Values have been changing and have risen £578 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £1,725 in last 6 months, £14,808 in last 1 year, £25,583 in last 2 years, £26,922 in last 3 years, £22,521 in last 4 years and £25,300 in last 5 years.
Currently average asking price of a property in Mercer Way, Romsey, SO51 is around £450,658 based on approximately 4 properties for sale. Same is the case with rental options based on 43 properties up for rent, average asking rent is around £1,290 per month.
Estimated property value in Mercer Way, Romsey, SO51 is £206,502. Average asking price is £450,658 while average price paid is £149,125 which is up by £14,808 and Avg. asking rent £1,290.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 Mercer Way, Romsey, SO51 area. In last 1 year alone average price buyer paid is around £149,125 based on approximately 4 sales in Mercer Way, Romsey, SO51 area alone. If you compare it to last 3 years sales of 15 properties where buyers paid around £206,866. 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 £182,590 for 22 and average amount paid for purchase of approx. 25 properties sold in last 7 years comes to about £178,540 per sale.