Portsmouth Road, Lee-on-the-Solent, PO13

Street Guide For Portsmouth Road, Lee-on-the-Solent, PO13

 

Portsmouth Road, Lee-on-the-Solent, PO13 Map

Estimated Price: £387,508
Average Asking Price: £218,099
Price change in last one year: £34,182
Average Price Paid: £357,500
Average Rent Rates: £2,199

 

Property Prices Breakdown in Portsmouth Road, Lee-on-the-Solent, PO13

Average Price for property in Portsmouth Road, Lee-on-the-Solent, PO13 is around £387,508 which varies based on type of property you are interested in and ranges from £454,574 for detached house to around £287,305 for semi-detached. Similarly terraced house is around £261,271 and a flat is worth £280,717. Values have been changing and have risen £5,096 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £14,886 in last 6 months, £34,182 in last 1 year, £51,534 in last 2 years, £50,273 in last 3 years, £50,844 in last 4 years and £48,281 in last 5 years.

Currently average asking price of a property in Portsmouth Road, Lee-on-the-Solent, PO13 is around £218,099 based on approximately 6 properties for sale. Same is the case with rental options based on 34 properties up for rent, average asking rent is around £2,199 per month.

Estimated property value in Portsmouth Road, Lee-on-the-Solent, PO13 is £387,508. Average asking price is £218,099 while average price paid is £389,000 which is up by £34,182 and Avg. asking rent £2,199.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 Portsmouth Road, Lee-on-the-Solent, PO13 area. In last 1 year alone average price buyer paid is around £389,000 based on approximately 6 sales in Portsmouth Road, Lee-on-the-Solent, PO13 area alone. If you compare it to last 3 years sales of 13 properties where buyers paid around £366,115. 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 £357,500 for 17 and average amount paid for purchase of approx. 24 properties sold in last 7 years comes to about £336,312 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 £133,573, £198,422 for a 2 bedroom house, £211,940 for a 3 bedroom house, £308,315 for a 4 bedroom house and £470,000 for a 5 bedroom house. For a flat similarly the prices varies from £149,271 for a single bedroom to £160,726 for a 2 bedroom Flat. Same is the case with 3 bedroom flat £112,475 and £499,995 for a 4 bedroom flat. To sum up the asking prices for properties in Portsmouth Road, Lee-on-the-Solent, PO13 it comes to around average £142,026 for 1 bedroom property, £173,971 for 2 bedroom, £205,523 for 3 bedroom, £326,570 for 4 bedroom and £470,000 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 £534 for 1 bedroom to £679 for 2 bedrooms, £887 for 3 bedrooms, £1,524 for 4 bedrooms and £1,166 for 5 bedrooms house. But if you are interested in renting a 1 bedroom flat then rent per month can be around £550. As the no. of bedroom increase so will the rent e.g. for a 2 bedroom flat it will be around £737 and £650 for 3 bedroom. You should be generally be expecting around average £538 rent per month for single bedroom property, £705 for 2 bedroom, £853 for 3 bedroom, £1,524 for 4 bedroom and approximately £1,166 for a 5 bedroom property in Portsmouth Road, Lee-on-the-Solent, PO13 area.

Popular Houses in Portsmouth Road, Lee-on-the-Solent, PO13

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 Portsmouth Road, Lee-on-the-Solent, PO13