Average Price for property in Peveril Drive, Sompting, Lancing, BN15 is around £247,374 which varies based on type of property you are interested in and ranges from £236,035 for semi-detached to around £206,562 for terraced house. Values have been changing and have risen £774 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £2,558 in last 6 months, £16,057 in last 1 year, £29,364 in last 2 years, £36,167 in last 3 years, £34,526 in last 4 years and £32,793 in last 5 years.
Currently average asking price of a property in Peveril Drive, Sompting, Lancing, BN15 is around £283,113 based on approximately 2 properties for sale. Same is the case with rental options based on 20 properties up for rent, average asking rent is around £1,265 per month.
Estimated property value in Peveril Drive, Sompting, Lancing, BN15 is £247,374. Average asking price is £283,113 while average price paid is £195,000 which is up by £16,057 and Avg. asking rent £1,265.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 Peveril Drive, Sompting, Lancing, BN15 area. In last 1 year alone average price buyer paid is around £195,000 based on approximately 2 sales in Peveril Drive, Sompting, Lancing, BN15 area alone. If you compare it to last 3 years sales of 3 properties where buyers paid around £179,983. 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 £179,983 for 3 and average amount paid for purchase of approx. 3 properties sold in last 7 years comes to about £179,983 per sale.