Average Price for property in Portland is around £191,239 which varies based on type of property you are interested in and ranges from £281,238 for detached house to around £202,359 for semi-detached. Similarly terraced house is around £177,560 and a flat is worth £134,103. Values have been changing and have risen £2,353 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £4,965 in last 6 months, £13,554 in last 1 year, £19,877 in last 2 years, £26,047 in last 3 years, £20,569 in last 4 years and £22,164 in last 5 years.
Currently average asking price of a property in Portland is around £202,110 based on approximately 178 properties for sale. Same is the case with rental options based on 41 properties up for rent, average asking rent is around £714 per month.
Estimated property value in Portland is £191,239. Average asking price is £202,110 while average price paid is £168,982 which is up by £13,554 and Avg. asking rent £714.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 Portland area. In last 1 year alone average price buyer paid is around £168,982 based on approximately 178 sales in Portland area alone. If you compare it to last 3 years sales of 538 properties where buyers paid around £170,377. 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 £167,527 for 816 and average amount paid for purchase of approx. 1,102 properties sold in last 7 years comes to about £169,291 per sale.