Values have been changing and have risen £1,346 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £4,139 in last 6 months, £12,269 in last 1 year, £20,973 in last 2 years, £21,560 in last 3 years, £20,392 in last 4 years and £20,550 in last 5 years.
Currently average asking price of a property in Vita Road, Portsmouth, PO2 is around £162,627 based on approximately 2 properties for sale. Same is the case with rental options based on 80 properties up for rent, average asking rent is around £677 per month.
Estimated property value in Vita Road, Portsmouth, PO2 is £167,886. Average asking price is £162,627 while average price paid is £193,500 which is up by £12,269 and Avg. asking rent £677.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 Vita Road, Portsmouth, PO2 area. In last 1 year alone average price buyer paid is around £193,500 based on approximately 2 sales in Vita Road, Portsmouth, PO2 area alone. If you compare it to last 3 years sales of 3 properties where buyers paid around £184,666. 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 £179,375 for 4 and average amount paid for purchase of approx. 5 properties sold in last 7 years comes to about £176,700 per sale.