Norset Road, Fareham, PO15

Street Guide For Norset Road, Fareham, PO15

 

Norset Road, Fareham, PO15 Map

Estimated Price: £207,787
Average Asking Price: £334,606
Price change in last one year: £16,538
Average Price Paid: £166,409
Average Rent Rates: £4,879

 

Property Prices Breakdown in Norset Road, Fareham, PO15

Values have been changing and have risen £2,044 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £5,798 in last 6 months, £16,538 in last 1 year, £26,042 in last 2 years, £27,179 in last 3 years, £23,720 in last 4 years and £26,309 in last 5 years.

Currently average asking price of a property in Norset Road, Fareham, PO15 is around £334,606 based on approximately 2 properties for sale. Same is the case with rental options based on 59 properties up for rent, average asking rent is around £4,879 per month.

Estimated property value in Norset Road, Fareham, PO15 is £207,787. Average asking price is £334,606 while average price paid is £207,500 which is up by £16,538 and Avg. asking rent £4,879.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 Norset Road, Fareham, PO15 area. In last 1 year alone average price buyer paid is around £207,500 based on approximately 2 sales in Norset Road, Fareham, PO15 area alone. If you compare it to last 3 years sales of 7 properties where buyers paid around £179,500. 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 £166,409 for 11 and average amount paid for purchase of approx. 15 properties sold in last 7 years comes to about £168,799 per sale.

 
 

Breakdown of asking prices for homes of different sizes show that price varies clearly based on no of bedrooms and type of house. Asking price for a house with 1 bedroom is around £120,000, £200,994 for a 2 bedroom house, £270,812 for a 3 bedroom house, £362,391 for a 4 bedroom house and £512,177 for a 5 bedroom house. For a flat similarly the prices varies from £129,995 for a single bedroom to £159,603 for a 2 bedroom Flat. To sum up the asking prices for properties in Norset Road, Fareham, PO15 it comes to around average £124,998 for 1 bedroom property, £176,849 for 2 bedroom, £270,812 for 3 bedroom, £362,391 for 4 bedroom and £512,177 for a 5 bedroom property.

Rent per calendar month varies similarly based on type and size of the house. If you look at the rents per month for houses alone it can vary from £811 for 2 bedroom to £1,050 for 3 bedroom, £1,357 for 4 bedroom and £401 for 5 bedroom. But if you are interested in renting a 2 bedroom flat then rent per month can be around £686. You should be generally be expecting around average £769 rent per month for 2 bedroom property, £1,050 for 3 bedroom, £1,357 for 4 bedroom and approximately £401 for 5 bedroom property in Norset Road, Fareham, PO15 area.

Popular Houses in Norset Road, Fareham, PO15

Disclaimer : Location real estate estimates and values are based on House price index background data and Sales data provided by United Kingdom Land registry Records available as public records from their website. This information is updated monthly on our website and may not reflect all public transactions. This information is based on estimated calculation generated from our developed algorithms. We are striving to make this information as accurate and useful as possible. This data covers the transactions received at Land Registry in the period 1/1/1995 to 9/1/2014. © Crown copyright 2014. Data produced by Land Registry © Crown copyright 2014.

Areas in and around Norset Road, Fareham, PO15