Average Price for property in Mitchell Avenue, Ventnor, PO38 is around £160,929 which varies based on type of property you are interested in and ranges from £340,696 for detached house to around £198,735 for semi-detached. Similarly terraced house is around £165,004 and a flat is worth £95,400. Values have been changing and have risen £1,352 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £4,338 in last 6 months, £11,778 in last 1 year, £19,556 in last 2 years, £18,660 in last 3 years, £18,230 in last 4 years and £18,288 in last 5 years.
Currently average asking price of a property in Mitchell Avenue, Ventnor, PO38 is around £309,806 based on approximately 5 properties for sale. Same is the case with rental options based on 38 properties up for rent, average asking rent is around £698 per month.
Estimated property value in Mitchell Avenue, Ventnor, PO38 is £160,929. Average asking price is £309,806 while average price paid is £117,550 which is up by £11,778 and Avg. asking rent £698.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 Mitchell Avenue, Ventnor, PO38 area. In last 1 year alone average price buyer paid is around £117,550 based on approximately 5 sales in Mitchell Avenue, Ventnor, PO38 area alone. If you compare it to last 3 years sales of 12 properties where buyers paid around £111,687. 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 £114,042 for 17 and average amount paid for purchase of approx. 22 properties sold in last 7 years comes to about £111,942 per sale.