Average Price for property in Redwood Drive, Fareham, PO16 is around £175,465 which varies based on type of property you are interested in and ranges from £193,229 for semi-detached to around £144,377 for a flat. Values have been changing and have risen £1,215 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £4,317 in last 6 months, £14,136 in last 1 year, £22,740 in last 2 years, £22,845 in last 3 years, £20,040 in last 4 years and £20,536 in last 5 years.
Currently average asking price of a property in Redwood Drive, Fareham, PO16 is around £276,942 based on approximately 0 properties for sale. Same is the case with rental options based on 51 properties up for rent, average asking rent is around £2,254 per month.
Estimated property value in Redwood Drive, Fareham, PO16 is £175,465. Average asking price is £276,942 while average price paid is £134,500 which is up by £22,845 and Avg. asking rent £2,254.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 Redwood Drive, Fareham, PO16 area. In last 3 years alone average price buyer paid is around £134,500 based on approximately 4 sales in Redwood Drive, Fareham, PO16 area alone. If you compare it to last 5 years sales of 6 properties where buyers paid around £146,916. It has been same for some time now for e.g. if you take an average of amount paid in last 7 years, it comes to around £142,785 for 7 per sale.