Average Price for property in Newton Lane, Romsey, SO51 is around £489,545 which varies based on type of property you are interested in and ranges from £616,861 for detached house to around £578,208 for semi-detached. Similarly terraced house is around £483,304 and a flat is worth £376,847. Values have been changing and have risen £1,332 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £3,983 in last 6 months, £34,240 in last 1 year, £59,156 in last 2 years, £62,248 in last 3 years, £52,063 in last 4 years and £58,481 in last 5 years.
Currently average asking price of a property in Newton Lane, Romsey, SO51 is around £450,658 based on approximately 1 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 Newton Lane, Romsey, SO51 is £489,545. Average asking price is £450,658 while average price paid is £197,000 which is up by £34,240 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 Newton Lane, Romsey, SO51 area. In last 1 year alone average price buyer paid is around £197,000 based on approximately 1 sales in Newton Lane, Romsey, SO51 area alone. If you compare it to last 3 years sales of 5 properties where buyers paid around £363,400. 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 £374,083 for 12 and average amount paid for purchase of approx. 12 properties sold in last 7 years comes to about £374,083 per sale.