Values have been changing and have risen £721 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £2,544 in last 6 months, £10,486 in last 1 year, £15,780 in last 2 years, £19,473 in last 3 years, £17,841 in last 4 years and £17,582 in last 5 years.
Currently average asking price of a property in Coronation Road, Chatham, ME5 is around £256,784 based on approximately 3 properties for sale. Same is the case with rental options based on 32 properties up for rent, average asking rent is around £861 per month.
Estimated property value in Coronation Road, Chatham, ME5 is £128,196. Average asking price is £256,784 while average price paid is £126,575 which is up by £10,486 and Avg. asking rent £861.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 Coronation Road, Chatham, ME5 area. In last 1 year alone average price buyer paid is around £126,575 based on approximately 3 sales in Coronation Road, Chatham, ME5 area alone. If you compare it to last 3 years sales of 10 properties where buyers paid around £104,822. 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 £102,565 for 11 and average amount paid for purchase of approx. 13 properties sold in last 7 years comes to about £103,325 per sale.