Average Price for property in Rudd Lane, Upper Timsbury, Michelmersh, Romsey, SO51 is around £701,437 which varies based on type of property you are interested in and ranges from £800,713 for detached house to around £477,731 for semi-detached. Similarly terraced house is around £603,509. Values have been changing and have risen £2,042 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £6,110 in last 6 months, £52,539 in last 1 year, £90,767 in last 2 years, £95,506 in last 3 years, £79,872 in last 4 years and £89,720 in last 5 years.
Currently average asking price of a property in Rudd Lane, Upper Timsbury, Michelmersh, Romsey, SO51 is around £450,658 based on approximately 3 properties for sale. Same is the case with rental options based on 43 properties up for rent, average asking rent is around £1,290 per month.
Estimated property value in Rudd Lane, Upper Timsbury, Michelmersh, Romsey, SO51 is £701,437. Average asking price is £450,658 while average price paid is £586,666 which is up by £52,539 and Avg. asking rent £1,290.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 Rudd Lane, Upper Timsbury, Michelmersh, Romsey, SO51 area. In last 1 year alone average price buyer paid is around £586,666 based on approximately 3 sales in Rudd Lane, Upper Timsbury, Michelmersh, Romsey, SO51 area alone. If you compare it to last 3 years sales of 5 properties where buyers paid around £580,000. 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 £561,666 for 6 and average amount paid for purchase of approx. 11 properties sold in last 7 years comes to about £652,272 per sale.