Average Price for property in Bank Street, Herne Bay, CT6 is around £155,483 which varies based on type of property you are interested in and ranges from £275,217 for detached house to around £161,207 for semi-detached. Similarly terraced house is around £161,729 and a flat is worth £124,164. Values have been changing and have risen £397 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £892 in last 6 months, £9,480 in last 1 year, £20,170 in last 2 years, £23,259 in last 3 years, £17,381 in last 4 years and £19,576 in last 5 years.
Currently average asking price of a property in Bank Street, Herne Bay, CT6 is around £273,248 based on approximately 3 properties for sale. Same is the case with rental options based on 26 properties up for rent, average asking rent is around £980 per month.
Estimated property value in Bank Street, Herne Bay, CT6 is £155,483. Average asking price is £273,248 while average price paid is £175,000 which is up by £9,480 and Avg. asking rent £980.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, Herne Bay, CT6 area. In last 1 year alone average price buyer paid is around £175,000 based on approximately 3 sales in Bank Street, Herne Bay, CT6 area alone. If you compare it to last 3 years sales of 5 properties where buyers paid around £161,400. 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 £151,999 for 6 and average amount paid for purchase of approx. 8 properties sold in last 7 years comes to about £145,249 per sale.