Hill Road, Rochester, ME1

Street Guide For Hill Road, Rochester, ME1

 

Hill Road, Rochester, ME1 Map

Estimated Price: £269,694
Average Asking Price: £338,829
Price change in last one year: £22,007
Average Price Paid: £229,714
Average Rent Rates: £1,283

 

Property Prices Breakdown in Hill Road, Rochester, ME1

Average Price for property in Hill Road, Rochester, ME1 is around £269,694 which varies based on type of property you are interested in and ranges from £387,048 for detached house to around £262,652 for semi-detached. Similarly terraced house is around £189,504. Values have been changing and have risen £1,685 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £5,245 in last 6 months, £22,007 in last 1 year, £32,808 in last 2 years, £42,633 in last 3 years, £37,721 in last 4 years and £38,555 in last 5 years.

Currently average asking price of a property in Hill Road, Rochester, ME1 is around £338,829 based on approximately 1 properties for sale. Same is the case with rental options based on 47 properties up for rent, average asking rent is around £1,283 per month.

Estimated property value in Hill Road, Rochester, ME1 is £269,694. Average asking price is £338,829 while average price paid is £237,000 which is up by £22,007 and Avg. asking rent £1,283.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 Hill Road, Rochester, ME1 area. In last 1 year alone average price buyer paid is around £237,000 based on approximately 1 sales in Hill Road, Rochester, ME1 area alone. If you compare it to last 3 years sales of 6 properties where buyers paid around £234,166. 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 £229,714 for 7 and average amount paid for purchase of approx. 11 properties sold in last 7 years comes to about £229,727 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 £105,000, £189,996 for a 2 bedroom house, £273,998 for a 3 bedroom house, £446,955 for a 4 bedroom house and £586,071 for a 5 bedroom house. For a flat similarly the prices varies from £116,222 for a single bedroom to £180,832 for a 2 bedroom Flat. To sum up the asking prices for properties in Hill Road, Rochester, ME1 it comes to around average £114,181 for 1 bedroom property, £185,923 for 2 bedroom, £273,998 for 3 bedroom, £446,955 for 4 bedroom and £586,071 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 £490 for 1 bedroom to £800 for 2 bedroom, £811 for 3 bedroom and £1,177 for 4 bedroom. But if you are interested in renting a 1 bedroom flat then rent per month can be around £607. As the no. of bedroom increase so will the rent e.g. for a 2 bedroom flat it will be around £845 and £1,599 for 5 bedroom. You should be generally be expecting around average £586 rent per month for single bedroom property, £835 for 2 bedroom, £811 for 3 bedroom, £1,177 for 4 bedroom and approximately £1,599 for a 5 bedroom property in Hill Road, Rochester, ME1 area.

Popular Houses in Hill Road, Rochester, ME1

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 Hill Road, Rochester, ME1