Average Price for property in Borstal Road, Rochester, ME1 is around £462,567 which varies based on type of property you are interested in and ranges from £593,475 for detached house to around £473,721 for semi-detached. Similarly terraced house is around £421,590 and a flat is worth £232,684. Values have been changing and have risen £2,755 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £8,577 in last 6 months, £35,989 in last 1 year, £53,651 in last 2 years, £69,715 in last 3 years, £61,677 in last 4 years and £63,037 in last 5 years.
Currently average asking price of a property in Borstal Road, Rochester, ME1 is around £338,829 based on approximately 4 properties for sale. Same is the case with rental options based on 47 properties up for rent, average asking rent is around £1,283 per month.
Estimated property value in Borstal Road, Rochester, ME1 is £462,567. Average asking price is £338,829 while average price paid is £418,875 which is up by £35,989 and Avg. asking rent £1,283.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 Borstal Road, Rochester, ME1 area. In last 1 year alone average price buyer paid is around £418,875 based on approximately 4 sales in Borstal Road, Rochester, ME1 area alone. If you compare it to last 3 years sales of 10 properties where buyers paid around £366,100. 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 £379,666 for 21 and average amount paid for purchase of approx. 27 properties sold in last 7 years comes to about £381,759 per sale.