Values have been changing and have risen £736 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £2,615 in last 6 months, £8,566 in last 1 year, £13,781 in last 2 years, £13,846 in last 3 years, £12,149 in last 4 years and £12,453 in last 5 years.
Currently average asking price of a property in Western Road, Fareham, PO16 is around £276,942 based on approximately 6 properties for sale. Same is the case with rental options based on 51 properties up for rent, average asking rent is around £2,254 per month.
Estimated property value in Western Road, Fareham, PO16 is £111,301. Average asking price is £276,942 while average price paid is £75,624 which is up by £8,566 and Avg. asking rent £2,254.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 Western Road, Fareham, PO16 area. In last 1 year alone average price buyer paid is around £75,624 based on approximately 6 sales in Western Road, Fareham, PO16 area alone. If you compare it to last 3 years sales of 10 properties where buyers paid around £82,669. 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 £75,705 for 18 and average amount paid for purchase of approx. 22 properties sold in last 7 years comes to about £77,349 per sale.