One hundred and eighty!
The average Portsmouth property has increased in price by 180 per cent since 2000, according to latest figures.
Our Portsmouth Property News bulletin for May reveals that flats have been the best performing property type, which have increased by 218.5 per cent – equivalent to £5,700 per year.
There are a number of reasons for the rises but overall it does come to ‘location, location, location’.
Portsmouth has a great balance of first-rate housing stock, solid transport accessibility and ready access to great amenities.
The city’s popularity as a place to live is unlikely to diminish any time soon. Now is the ideal time for anyone thinking of buying or selling with opportunities in many different areas. A local agent such as Chinneck Shaw with years of experience and local knowledge is best placed to help you, whatever your circumstances.
This month’s bulletin also features updates about the proportion of sales per different type of property. Terraced homes by far still make up most of the sales, followed by flats and semi-detached properties and then detached houses.
Please don’t hesitate to get in touch to discuss any of the findings in our latest Portsmouth Property News or for more information about how we can help in your home sale or purchase.