Values have been changing and have risen £497 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £88 in last 6 months, £11,384 in last 1 year, £18,819 in last 2 years, £17,569 in last 3 years, £18,413 in last 4 years and £15,045 in last 5 years.
Currently average asking price of a property in Wyncombe Road, Southbourne, Bournemouth, BH5 is around £274,800 based on approximately 2 properties for sale. Same is the case with rental options based on 50 properties up for rent, average asking rent is around £819 per month.
Estimated property value in Wyncombe Road, Southbourne, Bournemouth, BH5 is £212,044. Average asking price is £274,800 while average price paid is £190,250 which is up by £11,384 and Avg. asking rent £819.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 Wyncombe Road, Southbourne, Bournemouth, BH5 area. In last 1 year alone average price buyer paid is around £190,250 based on approximately 2 sales in Wyncombe Road, Southbourne, Bournemouth, BH5 area alone. If you compare it to last 3 years sales of 4 properties where buyers paid around £196,625. 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 £192,700 for 5 and average amount paid for purchase of approx. 7 properties sold in last 7 years comes to about £188,071 per sale.