Values have been changing and have risen £1,699 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £5,494 in last 6 months, £12,953 in last 1 year, £18,611 in last 2 years, £18,142 in last 3 years, £17,419 in last 4 years and £17,509 in last 5 years.
Currently average asking price of a property in Walmer Road, Portsmouth, PO1 is around £309,251 based on approximately 5 properties for sale. Same is the case with rental options based on 147 properties up for rent, average asking rent is around £1,208 per month.
Estimated property value in Walmer Road, Portsmouth, PO1 is £166,044. Average asking price is £309,251 while average price paid is £144,300 which is up by £12,953 and Avg. asking rent £1,208.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 Walmer Road, Portsmouth, PO1 area. In last 1 year alone average price buyer paid is around £144,300 based on approximately 5 sales in Walmer Road, Portsmouth, PO1 area alone. If you compare it to last 3 years sales of 16 properties where buyers paid around £137,031. 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 £131,279 for 25 and average amount paid for purchase of approx. 34 properties sold in last 7 years comes to about £129,882 per sale.