Average Price for property in Drakes Avenue, Strood, Rochester, ME2 is around £270,347 e.g. average price for semi-detached is around 270,347. Values have been changing and have risen £884 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £3,790 in last 6 months, £21,054 in last 1 year, £33,946 in last 2 years, £40,880 in last 3 years, £38,347 in last 4 years and £34,956 in last 5 years.
Currently average asking price of a property in Drakes Avenue, Strood, Rochester, ME2 is around £294,869 based on approximately 0 properties for sale. Same is the case with rental options based on 44 properties up for rent, average asking rent is around £1,638 per month.
Estimated property value in Drakes Avenue, Strood, Rochester, ME2 is £270,347. Average asking price is £294,869 while average price paid is £184,375 which is up by £40,880 and Avg. asking rent £1,638.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 Drakes Avenue, Strood, Rochester, ME2 area. In last 3 years alone average price buyer paid is around £184,375 based on approximately 4 sales in Drakes Avenue, Strood, Rochester, ME2 area alone. If you compare it to last 5 years sales of 5 properties where buyers paid around £196,500. It has been same for some time now for e.g. if you take an average of amount paid in last 7 years, it comes to around £196,500 for 5 per sale.