Surrounding
the city of Southampton we have many towns and areas that make up our fine
County of Hampshire taking in a great range of towns and cities with their
different appeals, prices and rents including Winchester, Brockenhurst,
Petersfield, Southampton, Southsea, Portsmouth and Gosport.
Winchester is a sophisticated market town which enjoys a well-earned reputation for stylish and convenient living close to abundant countryside and commons. The thriving High Street offers a comprehensive range of upmarket shopping facilities and the schools are highly sought after. All these factors make the average value of a property in Winchester around £455,600.
Our city of Southampton also has an excellent choice of shops, banks and restaurants. It also offers excellent rail and road links and there is a good choice of schooling within the area, including The King Edward VI School and St Anne’s Catholic School and a number of good primary schools. All these factors make the current average value of a property in Southampton around £241,500.
In the last 12 months, an average property in Winchester has only risen in value by 2.6% or £11,500 whilst an average property in Southampton during the same time period has risen by 6.9% or £15,500. It got even more interesting when we compared other locations/towns - Brockenhurst average values have risen by an impressive £34,700, a 5% increase, whilst Portsmouth’s average values have increased by £11,700 over the last 12 months or 6.4% (similar to Southampton). Other towns close to Southampton which have seen even better results include Eastleigh, with average values increasing by 7.4% or £19,000 and Romsey where average property values have increased by £40,500 to £375,000 which is a rise of 12%.
By keeping an eye on the local market, I am able to judge if a property is good value to buy for a landlord. If you would like to discuss my thoughts on the rental market, whether you are an existing landlord or looking to invest for the first time, please feel free to contact me on 023 8001 8222 or email brian.linehan@belvoirlettings.com.
Winchester is a sophisticated market town which enjoys a well-earned reputation for stylish and convenient living close to abundant countryside and commons. The thriving High Street offers a comprehensive range of upmarket shopping facilities and the schools are highly sought after. All these factors make the average value of a property in Winchester around £455,600.
Our city of Southampton also has an excellent choice of shops, banks and restaurants. It also offers excellent rail and road links and there is a good choice of schooling within the area, including The King Edward VI School and St Anne’s Catholic School and a number of good primary schools. All these factors make the current average value of a property in Southampton around £241,500.
In the last 12 months, an average property in Winchester has only risen in value by 2.6% or £11,500 whilst an average property in Southampton during the same time period has risen by 6.9% or £15,500. It got even more interesting when we compared other locations/towns - Brockenhurst average values have risen by an impressive £34,700, a 5% increase, whilst Portsmouth’s average values have increased by £11,700 over the last 12 months or 6.4% (similar to Southampton). Other towns close to Southampton which have seen even better results include Eastleigh, with average values increasing by 7.4% or £19,000 and Romsey where average property values have increased by £40,500 to £375,000 which is a rise of 12%.
By keeping an eye on the local market, I am able to judge if a property is good value to buy for a landlord. If you would like to discuss my thoughts on the rental market, whether you are an existing landlord or looking to invest for the first time, please feel free to contact me on 023 8001 8222 or email brian.linehan@belvoirlettings.com.
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