Average Price for property in Southampton is around £257,927 which varies based on type of property you are interested in and ranges from £391,984 for detached house to around £240,880 for semi-detached. Similarly terraced house is around £202,876 and a flat is worth £160,126. Values have been changing and have risen £2,145 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £5,011 in last 6 months, £20,629 in last 1 year, £33,341 in last 2 years, £34,692 in last 3 years, £30,662 in last 4 years and £31,045 in last 5 years.
Currently average asking price of a property in Southampton is around £293,045 based on approximately 6,119 properties for sale. Same is the case with rental options based on 3,273 properties up for rent, average asking rent is around £1,268 per month.
Estimated property value in Southampton is £257,927. Average asking price is £293,045 while average price paid is £224,272 which is up by £20,629 and Avg. asking rent £1,268.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 Southampton area. In last 1 year alone average price buyer paid is around £224,272 based on approximately 6,119 sales in Southampton area alone. If you compare it to last 3 years sales of 17,350 properties where buyers paid around £217,604. 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 £215,107 for 27,436 and average amount paid for purchase of approx. 37,415 properties sold in last 7 years comes to about £212,029 per sale.