Foord Road, Lenham, Maidstone, ME17

Street Guide For Foord Road, Lenham, Maidstone, ME17

 

Foord Road, Lenham, Maidstone, ME17 Map

Estimated Price: £167,751
Average Asking Price: £590,080
Price change in last one year: £12,942
Average Price Paid: £181,200
Average Rent Rates: £1,195

 

Property Prices Breakdown in Foord Road, Lenham, Maidstone, ME17

Values have been changing and have risen £661 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £1,729 in last 6 months, £12,942 in last 1 year, £21,361 in last 2 years, £24,883 in last 3 years, £22,221 in last 4 years and £23,153 in last 5 years.

Currently average asking price of a property in Foord Road, Lenham, Maidstone, ME17 is around £590,080 based on approximately 2 properties for sale. Same is the case with rental options based on 19 properties up for rent, average asking rent is around £1,195 per month.

Estimated property value in Foord Road, Lenham, Maidstone, ME17 is £167,751. Average asking price is £590,080 while average price paid is £202,500 which is up by £12,942 and Avg. asking rent £1,195.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 Foord Road, Lenham, Maidstone, ME17 area. In last 1 year alone average price buyer paid is around £202,500 based on approximately 2 sales in Foord Road, Lenham, Maidstone, ME17 area alone. If you compare it to last 3 years sales of 4 properties where buyers paid around £193,750. 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 £181,200 for 5 and average amount paid for purchase of approx. 8 properties sold in last 7 years comes to about £169,200 per sale.

 
 

Breakdown of asking prices for homes of different sizes show that price varies clearly based on no of bedrooms and type of house. Asking price for a house with 1 bedroom is around £165,000, £229,814 for a 2 bedroom house, £345,464 for a 3 bedroom house, £590,413 for a 4 bedroom house and £834,198 for a 5 bedroom house. For a flat similarly the prices varies from £101,000 for a single bedroom to £149,000 for a 2 bedroom Flat. Same is the case with 3 bedroom flat £550,000. To sum up the asking prices for properties in Foord Road, Lenham, Maidstone, ME17 it comes to around average £133,000 for 1 bedroom property, £219,712 for 2 bedroom, £350,847 for 3 bedroom, £590,413 for 4 bedroom and £834,198 for a 5 bedroom property.

Rent per calendar month varies similarly based on type and size of the house. If you look at the rents per month for houses alone it can vary from £914 for 2 bedroom to £1,245 for 3 bedroom, £1,248 for 4 bedroom and £1,950 for 5 bedroom. But if you are interested in renting a 1 bedroom flat then rent per month can be around £666. As the no. of bedroom increase so will the rent e.g. for a 2 bedroom flat it will be around £676. You should be generally be expecting around average £666 rent per month for single bedroom property, £855 for 2 bedroom, £1,245 for 3 bedroom, £1,248 for 4 bedroom and approximately £1,950 for a 5 bedroom property in Foord Road, Lenham, Maidstone, ME17 area.

Popular Houses in Foord Road, Lenham, Maidstone, ME17

Disclaimer : Location real estate estimates and values are based on House price index background data and Sales data provided by United Kingdom Land registry Records available as public records from their website. This information is updated monthly on our website and may not reflect all public transactions. This information is based on estimated calculation generated from our developed algorithms. We are striving to make this information as accurate and useful as possible. This data covers the transactions received at Land Registry in the period 1/1/1995 to 9/1/2014. © Crown copyright 2014. Data produced by Land Registry © Crown copyright 2014.

Areas in and around Foord Road, Lenham, Maidstone, ME17