Average Price for property in Redlands Lane, Fareham, PO14 is around £205,411 which varies based on type of property you are interested in and ranges from £276,275 for detached house to around £220,229 for semi-detached. Similarly terraced house is around £223,723 and a flat is worth £123,374. Values have been changing and have risen £2,210 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £7,241 in last 6 months, £17,825 in last 1 year, £26,614 in last 2 years, £27,136 in last 3 years, £24,279 in last 4 years and £25,243 in last 5 years.
Currently average asking price of a property in Redlands Lane, Fareham, PO14 is around £352,020 based on approximately 3 properties for sale. Same is the case with rental options based on 33 properties up for rent, average asking rent is around £1,707 per month.
Estimated property value in Redlands Lane, Fareham, PO14 is £205,411. Average asking price is £352,020 while average price paid is £177,000 which is up by £17,825 and Avg. asking rent £1,707.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 Redlands Lane, Fareham, PO14 area. In last 1 year alone average price buyer paid is around £177,000 based on approximately 3 sales in Redlands Lane, Fareham, PO14 area alone. If you compare it to last 3 years sales of 15 properties where buyers paid around £174,300. 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 £176,975 for 22 and average amount paid for purchase of approx. 33 properties sold in last 7 years comes to about £168,968 per sale.