Average Price for property in Derby Road, Chatham, ME5 is around £230,963 which varies based on type of property you are interested in and ranges from £317,217 for detached house to around £219,799 for semi-detached. Similarly terraced house is around £209,149. Values have been changing and have risen £1,287 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £4,543 in last 6 months, £18,729 in last 1 year, £28,182 in last 2 years, £34,772 in last 3 years, £31,851 in last 4 years and £31,382 in last 5 years.
Currently average asking price of a property in Derby Road, Chatham, ME5 is around £256,784 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 £861 per month.
Estimated property value in Derby Road, Chatham, ME5 is £230,963. Average asking price is £256,784 while average price paid is £224,000 which is up by £18,729 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 Derby Road, Chatham, ME5 area. In last 1 year alone average price buyer paid is around £224,000 based on approximately 1 sales in Derby Road, Chatham, ME5 area alone. If you compare it to last 3 years sales of 4 properties where buyers paid around £198,123. 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 £208,213 for 7 and average amount paid for purchase of approx. 15 properties sold in last 7 years comes to about £194,566 per sale.