Average Price for property in Southsea is around £207,104 which varies based on type of property you are interested in and ranges from £521,241 for detached house to around £323,507 for semi-detached. Similarly terraced house is around £207,456 and a flat is worth £158,714. Values have been changing and have risen £1,173 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £2,065 in last 6 months, £13,002 in last 1 year, £29,454 in last 2 years, £29,157 in last 3 years, £30,379 in last 4 years and £27,696 in last 5 years.
Currently average asking price of a property in Southsea is around £248,409 based on approximately 1,123 properties for sale. Same is the case with rental options based on 846 properties up for rent, average asking rent is around £1,185 per month.
Estimated property value in Southsea is £207,104. Average asking price is £248,409 while average price paid is £192,210 which is up by £13,002 and Avg. asking rent £1,185.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 Southsea area. In last 1 year alone average price buyer paid is around £192,210 based on approximately 1,123 sales in Southsea area alone. If you compare it to last 3 years sales of 3,091 properties where buyers paid around £182,902. 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 £180,578 for 4,824 and average amount paid for purchase of approx. 6,668 properties sold in last 7 years comes to about £175,823 per sale.