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.