Average Price for property in Rew Lane, Wroxall, Ventnor, PO38 is around £489,557 which varies based on type of property you are interested in and ranges from £546,186 for detached house to around £461,244 for semi-detached. Values have been changing and have risen £4,077 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £13,088 in last 6 months, £35,544 in last 1 year, £59,021 in last 2 years, £56,305 in last 3 years, £54,995 in last 4 years and £55,160 in last 5 years.
Currently average asking price of a property in Rew Lane, Wroxall, Ventnor, PO38 is around £307,911 based on approximately 0 properties for sale. Same is the case with rental options based on 38 properties up for rent, average asking rent is around £698 per month.
Estimated property value in Rew Lane, Wroxall, Ventnor, PO38 is £489,557. Average asking price is £307,911 while average price paid is £475,000 which is up by £56,305 and Avg. asking rent £698.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 Rew Lane, Wroxall, Ventnor, PO38 area. In last 3 years alone average price buyer paid is around £475,000 based on approximately 1 sales in Rew Lane, Wroxall, Ventnor, PO38 area alone. If you compare it to last 5 years sales of 2 properties where buyers paid around £457,500. 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 £457,500 for 2 per sale.