Values have been changing and have risen £635 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £1,559 in last 6 months, £10,436 in last 1 year, £19,758 in last 2 years, £20,993 in last 3 years, £19,621 in last 4 years and £19,001 in last 5 years.
Currently average asking price of a property in Penelope Gardens, Bursledon, Southampton, SO31 is around £360,955 based on approximately 2 properties for sale. Same is the case with rental options based on 52 properties up for rent, average asking rent is around £1,102 per month.
Estimated property value in Penelope Gardens, Bursledon, Southampton, SO31 is £163,488. Average asking price is £360,955 while average price paid is £132,475 which is up by £10,436 and Avg. asking rent £1,102.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 Penelope Gardens, Bursledon, Southampton, SO31 area. In last 1 year alone average price buyer paid is around £132,475 based on approximately 2 sales in Penelope Gardens, Bursledon, Southampton, SO31 area alone. If you compare it to last 3 years sales of 5 properties where buyers paid around £139,390. 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 £142,921 for 7 and average amount paid for purchase of approx. 10 properties sold in last 7 years comes to about £140,915 per sale.