Average Price for property in Drake Avenue, Minster on Sea, Sheerness, ME12 is around £241,864 which varies based on type of property you are interested in and ranges from £250,073 for detached house to around £209,710 for semi-detached. Values have been changing and have risen £1,198 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £3,904 in last 6 months, £19,935 in last 1 year, £31,257 in last 2 years, £38,062 in last 3 years, £36,065 in last 4 years and £33,039 in last 5 years.
Currently average asking price of a property in Drake Avenue, Minster on Sea, Sheerness, ME12 is around £207,540 based on approximately 5 properties for sale. Same is the case with rental options based on 30 properties up for rent, average asking rent is around £732 per month.
Estimated property value in Drake Avenue, Minster on Sea, Sheerness, ME12 is £241,864. Average asking price is £207,540 while average price paid is £248,799 which is up by £19,935 and Avg. asking rent £732.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 Drake Avenue, Minster on Sea, Sheerness, ME12 area. In last 1 year alone average price buyer paid is around £248,799 based on approximately 5 sales in Drake Avenue, Minster on Sea, Sheerness, ME12 area alone. If you compare it to last 3 years sales of 10 properties where buyers paid around £216,699. 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 £214,181 for 11 and average amount paid for purchase of approx. 19 properties sold in last 7 years comes to about £200,631 per sale.