Average Price for property in Romney Marsh is around £223,075 which varies based on type of property you are interested in and ranges from £271,329 for detached house to around £187,889 for semi-detached. Similarly terraced house is around £172,614 and a flat is worth £124,887. Values have been changing and have risen £1,839 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £7,075 in last 6 months, £12,276 in last 1 year, £16,500 in last 2 years, £26,757 in last 3 years, £24,899 in last 4 years and £15,098 in last 5 years.
Currently average asking price of a property in Romney Marsh is around £261,485 based on approximately 200 properties for sale. Same is the case with rental options based on 10 properties up for rent, average asking rent is around £1,155 per month.
Estimated property value in Romney Marsh is £223,075. Average asking price is £261,485 while average price paid is £207,875 which is up by £12,276 and Avg. asking rent £1,155.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 Romney Marsh area. In last 1 year alone average price buyer paid is around £207,875 based on approximately 200 sales in Romney Marsh area alone. If you compare it to last 3 years sales of 593 properties where buyers paid around £194,196. 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 £192,325 for 931 and average amount paid for purchase of approx. 1,269 properties sold in last 7 years comes to about £191,350 per sale.