Values have been changing and have risen £1,059 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £3,107 in last 6 months, £14,757 in last 1 year, £24,342 in last 2 years, £30,831 in last 3 years, £29,641 in last 4 years and £27,389 in last 5 years.
Currently average asking price of a property in East Street, Faversham, ME13 is around £389,560 based on approximately 2 properties for sale. Same is the case with rental options based on 32 properties up for rent, average asking rent is around £825 per month.
Estimated property value in East Street, Faversham, ME13 is £192,221. Average asking price is £389,560 while average price paid is £137,500 which is up by £14,757 and Avg. asking rent £825.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 East Street, Faversham, ME13 area. In last 1 year alone average price buyer paid is around £137,500 based on approximately 2 sales in East Street, Faversham, ME13 area alone. If you compare it to last 3 years sales of 10 properties where buyers paid around £148,800. 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 £164,087 for 20 and average amount paid for purchase of approx. 39 properties sold in last 7 years comes to about £167,986 per sale.