Values have been changing and have risen £2,171 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £5,221 in last 6 months, £18,361 in last 1 year, £30,989 in last 2 years, £32,604 in last 3 years, £24,943 in last 4 years and £30,104 in last 5 years.
Currently average asking price of a property in Ordnance Road, Southampton, SO15 is around £194,666 based on approximately 3 properties for sale. Same is the case with rental options based on 841 properties up for rent, average asking rent is around £1,053 per month.
Estimated property value in Ordnance Road, Southampton, SO15 is £252,788. Average asking price is £194,666 while average price paid is £154,833 which is up by £18,361 and Avg. asking rent £1,053.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 Ordnance Road, Southampton, SO15 area. In last 1 year alone average price buyer paid is around £154,833 based on approximately 3 sales in Ordnance Road, Southampton, SO15 area alone. If you compare it to last 3 years sales of 5 properties where buyers paid around £160,700. 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 £160,700 for 5 and average amount paid for purchase of approx. 8 properties sold in last 7 years comes to about £171,687 per sale.