Average Price for property in Penrose Close, Portsmouth, PO2 is around £130,550 e.g. average price for terraced house is around 130,550. Values have been changing and have risen £980 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £3,013 in last 6 months, £8,933 in last 1 year, £15,269 in last 2 years, £15,698 in last 3 years, £14,850 in last 4 years and £14,968 in last 5 years.
Currently average asking price of a property in Penrose Close, Portsmouth, PO2 is around £162,627 based on approximately 1 properties for sale. Same is the case with rental options based on 80 properties up for rent, average asking rent is around £677 per month.
Estimated property value in Penrose Close, Portsmouth, PO2 is £130,550. Average asking price is £162,627 while average price paid is £110,000 which is up by £8,933 and Avg. asking rent £677.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 Penrose Close, Portsmouth, PO2 area. In last 1 year alone average price buyer paid is around £110,000 based on approximately 1 sales in Penrose Close, Portsmouth, PO2 area alone. If you compare it to last 3 years sales of 2 properties where buyers paid around £116,500. 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 £116,500 for 2 and average amount paid for purchase of approx. 3 properties sold in last 7 years comes to about £102,500 per sale.