Values have been changing and have risen £1,165 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £4,562 in last 6 months, £13,998 in last 1 year, £19,138 in last 2 years, £20,377 in last 3 years, £20,925 in last 4 years and £19,239 in last 5 years.
Currently average asking price of a property in Severn Road, Ferndown, BH22 is around £351,322 based on approximately 6 properties for sale. Same is the case with rental options based on 21 properties up for rent, average asking rent is around £967 per month.
Estimated property value in Severn Road, Ferndown, BH22 is £185,712. Average asking price is £351,322 while average price paid is £172,416 which is up by £13,998 and Avg. asking rent £967.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 Severn Road, Ferndown, BH22 area. In last 1 year alone average price buyer paid is around £172,416 based on approximately 6 sales in Severn Road, Ferndown, BH22 area alone. If you compare it to last 3 years sales of 15 properties where buyers paid around £168,996. 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 £164,338 for 22 and average amount paid for purchase of approx. 23 properties sold in last 7 years comes to about £164,563 per sale.