Average Price for property in Bank Street, Faversham, ME13 is around £174,267 e.g. average price for terraced house is around 174,267. Values have been changing and have risen £987 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £2,896 in last 6 months, £13,755 in last 1 year, £22,688 in last 2 years, £28,738 in last 3 years, £27,631 in last 4 years and £25,531 in last 5 years.
Currently average asking price of a property in Bank Street, Faversham, ME13 is around £389,560 based on approximately 1 properties for sale. Same is the case with rental options based on 32 properties up for rent, average asking rent is around £825 per month.
Estimated property value in Bank Street, Faversham, ME13 is £174,267. Average asking price is £389,560 while average price paid is £135,000 which is up by £13,755 and Avg. asking rent £825.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 Bank Street, Faversham, ME13 area. In last 1 year alone average price buyer paid is around £135,000 based on approximately 1 sales in Bank Street, Faversham, ME13 area alone. If you compare it to last 3 years sales of 2 properties where buyers paid around £140,000. 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 £142,500 for 3 and average amount paid for purchase of approx. 3 properties sold in last 7 years comes to about £142,500 per sale.