Average Price for property in Michaels Way, Fair Oak, Eastleigh, SO50 is around £314,247 which varies based on type of property you are interested in and ranges from £330,310 for detached house to around £274,087 for semi-detached. Values have been changing and have risen £2,535 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £6,232 in last 6 months, £24,819 in last 1 year, £37,482 in last 2 years, £42,368 in last 3 years, £36,615 in last 4 years and £41,449 in last 5 years.
Currently average asking price of a property in Michaels Way, Fair Oak, Eastleigh, SO50 is around £351,816 based on approximately 1 properties for sale. Same is the case with rental options based on 55 properties up for rent, average asking rent is around £2,375 per month.
Estimated property value in Michaels Way, Fair Oak, Eastleigh, SO50 is £314,247. Average asking price is £351,816 while average price paid is £275,000 which is up by £24,819 and Avg. asking rent £2,375.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 Michaels Way, Fair Oak, Eastleigh, SO50 area. In last 1 year alone average price buyer paid is around £275,000 based on approximately 1 sales in Michaels Way, Fair Oak, Eastleigh, SO50 area alone. If you compare it to last 3 years sales of 3 properties where buyers paid around £277,333. 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 £262,800 for 5 and average amount paid for purchase of approx. 5 properties sold in last 7 years comes to about £262,800 per sale.