Frensham Road, Southsea, PO4

Street Guide For Frensham Road, Southsea, PO4

 

Frensham Road, Southsea, PO4 Map

Estimated Price: £202,226
Average Asking Price: £263,266
Price change in last one year: £15,750
Average Price Paid: £175,489
Average Rent Rates: £1,172

 

Property Prices Breakdown in Frensham Road, Southsea, PO4

Average Price for property in Frensham Road, Southsea, PO4 is around £202,226 which varies based on type of property you are interested in and ranges from £225,390 for terraced house to around £131,728 for a flat. Values have been changing and have risen £2,007 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £5,610 in last 6 months, £15,750 in last 1 year, £27,333 in last 2 years, £26,730 in last 3 years, £26,114 in last 4 years and £25,613 in last 5 years.

Currently average asking price of a property in Frensham Road, Southsea, PO4 is around £263,266 based on approximately 5 properties for sale. Same is the case with rental options based on 401 properties up for rent, average asking rent is around £1,172 per month.

Estimated property value in Frensham Road, Southsea, PO4 is £202,226. Average asking price is £263,266 while average price paid is £186,897 which is up by £15,750 and Avg. asking rent £1,172.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 Frensham Road, Southsea, PO4 area. In last 1 year alone average price buyer paid is around £186,897 based on approximately 5 sales in Frensham Road, Southsea, PO4 area alone. If you compare it to last 3 years sales of 20 properties where buyers paid around £166,834. 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 £175,489 for 33 and average amount paid for purchase of approx. 46 properties sold in last 7 years comes to about £172,144 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 £110,799, £174,229 for a 2 bedroom house, £220,068 for a 3 bedroom house, £334,990 for a 4 bedroom house and £686,250 for a 5 bedroom house. For a flat similarly the prices varies from £118,153 for a single bedroom to £280,116 for a 2 bedroom Flat. Same is the case with 3 bedroom flat £353,277 and £550,000 for a 4 bedroom flat. To sum up the asking prices for properties in Frensham Road, Southsea, PO4 it comes to around average £117,038 for 1 bedroom property, £243,409 for 2 bedroom, £239,495 for 3 bedroom, £345,228 for 4 bedroom and £686,250 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 £493 for 1 bedroom to £769 for 2 bedrooms, £976 for 3 bedrooms, £1,303 for 4 bedrooms and £1,699 for 5 bedrooms house. But if you are interested in renting a 1 bedroom flat then rent per month can be around £577. As the no. of bedroom increase so will the rent e.g. for a 2 bedroom flat it will be around £789, £878 for 3 bedroom, £1,499 for 4 bedroom and around £1,751 for 5 bedroom flat. You should be generally be expecting around average £542 rent per month for single bedroom property, £783 for 2 bedroom, £957 for 3 bedroom, £1,304 for 4 bedroom and approximately £1,700 for a 5 bedroom property in Frensham Road, Southsea, PO4 area.

Popular Houses in Frensham Road, Southsea, PO4

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 Frensham Road, Southsea, PO4