Average Price for property in Ernest Drive, Maidstone, ME16 is around £271,941 which varies based on type of property you are interested in and ranges from £317,477 for detached house to around £265,195 for semi-detached. Values have been changing and have risen £1,661 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £4,797 in last 6 months, £20,266 in last 1 year, £33,139 in last 2 years, £40,944 in last 3 years, £36,016 in last 4 years and £34,371 in last 5 years.
Currently average asking price of a property in Ernest Drive, Maidstone, ME16 is around £247,357 based on approximately 3 properties for sale. Same is the case with rental options based on 38 properties up for rent, average asking rent is around £863 per month.
Estimated property value in Ernest Drive, Maidstone, ME16 is £271,941. Average asking price is £247,357 while average price paid is £254,366 which is up by £20,266 and Avg. asking rent £863.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 Ernest Drive, Maidstone, ME16 area. In last 1 year alone average price buyer paid is around £254,366 based on approximately 3 sales in Ernest Drive, Maidstone, ME16 area alone. If you compare it to last 3 years sales of 6 properties where buyers paid around £224,516. 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 £211,427 for 11 and average amount paid for purchase of approx. 13 properties sold in last 7 years comes to about £212,591 per sale.