Station Road, Portchester, Fareham, PO16

Street Guide For Station Road, Portchester, Fareham, PO16

 

Station Road, Portchester, Fareham, PO16 Map

Estimated Price: £296,596
Average Asking Price: £279,278
Price change in last one year: £22,721
Average Price Paid: £240,000
Average Rent Rates: £2,289

 

Property Prices Breakdown in Station Road, Portchester, Fareham, PO16

Average Price for property in Station Road, Portchester, Fareham, PO16 is around £296,596 which varies based on type of property you are interested in and ranges from £339,311 for detached house to around £264,561 for semi-detached. Values have been changing and have risen £1,952 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £6,938 in last 6 months, £22,721 in last 1 year, £36,550 in last 2 years, £36,716 in last 3 years, £32,203 in last 4 years and £32,998 in last 5 years.

Currently average asking price of a property in Station Road, Portchester, Fareham, PO16 is around £279,278 based on approximately 1 properties for sale. Same is the case with rental options based on 50 properties up for rent, average asking rent is around £2,289 per month.

Estimated property value in Station Road, Portchester, Fareham, PO16 is £296,596. Average asking price is £279,278 while average price paid is £244,000 which is up by £22,721 and Avg. asking rent £2,289.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 Station Road, Portchester, Fareham, PO16 area. In last 1 year alone average price buyer paid is around £244,000 based on approximately 1 sales in Station Road, Portchester, Fareham, PO16 area alone. If you compare it to last 3 years sales of 2 properties where buyers paid around £240,000. 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 £240,000 for 2 and average amount paid for purchase of approx. 3 properties sold in last 7 years comes to about £217,333 per sale.

 
 

Breakdown of asking prices for homes of different sizes show that price varies clearly based on no of bedrooms and type of house. Asking price for a house with 1 bedroom is around £106,444, £210,450 for a 2 bedroom house, £261,189 for a 3 bedroom house, £378,735 for a 4 bedroom house and £557,000 for a 5 bedroom house. For a flat similarly the prices varies from £119,786 for a single bedroom to £161,556 for a 2 bedroom Flat. To sum up the asking prices for properties in Station Road, Portchester, Fareham, PO16 it comes to around average £114,449 for 1 bedroom property, £198,946 for 2 bedroom, £261,189 for 3 bedroom, £378,735 for 4 bedroom and £557,000 for a 5 bedroom property.

Rent per calendar month varies similarly based on type and size of the house. If you look at the rents per month for houses alone it can vary from £550 for 1 bedroom to £771 for 2 bedroom and £899 for 3 bedroom. But if you are interested in renting a 1 bedroom flat then rent per month can be around £453. As the no. of bedroom increase so will the rent e.g. for a 2 bedroom flat it will be around £792 and £821 for 3 bedroom. You should be generally be expecting around average £485 rent per month for single bedroom property, £776 for 2 bedroom and approximately £882 for 3 bedroom property in Station Road, Portchester, Fareham, PO16 area.

Popular Houses in Station Road, Portchester, Fareham, PO16

Disclaimer : Location real estate estimates and values are based on House price index background data and Sales data provided by United Kingdom Land registry Records available as public records from their website. This information is updated monthly on our website and may not reflect all public transactions. This information is based on estimated calculation generated from our developed algorithms. We are striving to make this information as accurate and useful as possible. This data covers the transactions received at Land Registry in the period 1/1/1995 to 9/1/2014. © Crown copyright 2014. Data produced by Land Registry © Crown copyright 2014.

Areas in and around Station Road, Portchester, Fareham, PO16