Average Price for property in Merton Avenue, Fareham, PO16 is around £215,682 which varies based on type of property you are interested in and ranges from £242,057 for detached house to around £217,724 for semi-detached. Similarly terraced house is around £190,509. Values have been changing and have risen £1,397 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £4,966 in last 6 months, £16,265 in last 1 year, £26,164 in last 2 years, £26,283 in last 3 years, £23,055 in last 4 years and £23,625 in last 5 years.
Currently average asking price of a property in Merton Avenue, Fareham, PO16 is around £276,942 based on approximately 3 properties for sale. Same is the case with rental options based on 51 properties up for rent, average asking rent is around £2,254 per month.
Estimated property value in Merton Avenue, Fareham, PO16 is £215,682. Average asking price is £276,942 while average price paid is £211,331 which is up by £16,265 and Avg. asking rent £2,254.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 Merton Avenue, Fareham, PO16 area. In last 1 year alone average price buyer paid is around £211,331 based on approximately 3 sales in Merton Avenue, Fareham, PO16 area alone. If you compare it to last 3 years sales of 9 properties where buyers paid around £190,498. 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 £182,213 for 14 and average amount paid for purchase of approx. 22 properties sold in last 7 years comes to about £169,840 per sale.