Average Price for property in Mortimers Lane, Fair Oak, Eastleigh, SO50 is around £247,480 which varies based on type of property you are interested in and ranges from £347,795 for detached house to around £346,120 for semi-detached. Similarly terraced house is around £208,115 and a flat is worth £170,525. Values have been changing and have risen £2,076 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £5,105 in last 6 months, £20,329 in last 1 year, £30,702 in last 2 years, £34,705 in last 3 years, £29,994 in last 4 years and £33,956 in last 5 years.
Currently average asking price of a property in Mortimers Lane, Fair Oak, Eastleigh, SO50 is around £351,816 based on approximately 4 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 Mortimers Lane, Fair Oak, Eastleigh, SO50 is £247,480. Average asking price is £351,816 while average price paid is £135,000 which is up by £20,329 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 Mortimers Lane, Fair Oak, Eastleigh, SO50 area. In last 1 year alone average price buyer paid is around £135,000 based on approximately 4 sales in Mortimers Lane, Fair Oak, Eastleigh, SO50 area alone. If you compare it to last 3 years sales of 11 properties where buyers paid around £200,131. 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 £196,977 for 20 and average amount paid for purchase of approx. 29 properties sold in last 7 years comes to about £187,260 per sale.