Knowle Road, Wouldham, Rochester, ME1

Street Guide For Knowle Road, Wouldham, Rochester, ME1

 

Knowle Road, Wouldham, Rochester, ME1 Map

Estimated Price: £169,048
Average Asking Price: £327,556
Price change in last one year: £12,854
Average Price Paid: £157,537
Average Rent Rates: £1,297

 

Property Prices Breakdown in Knowle Road, Wouldham, Rochester, ME1

Values have been changing and have risen £984 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £3,064 in last 6 months, £12,854 in last 1 year, £19,162 in last 2 years, £24,902 in last 3 years, £22,036 in last 4 years and £22,525 in last 5 years.

Currently average asking price of a property in Knowle Road, Wouldham, Rochester, ME1 is around £327,556 based on approximately 3 properties for sale. Same is the case with rental options based on 46 properties up for rent, average asking rent is around £1,297 per month.

Estimated property value in Knowle Road, Wouldham, Rochester, ME1 is £169,048. Average asking price is £327,556 while average price paid is £173,241 which is up by £12,854 and Avg. asking rent £1,297.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 Knowle Road, Wouldham, Rochester, ME1 area. In last 1 year alone average price buyer paid is around £173,241 based on approximately 3 sales in Knowle Road, Wouldham, Rochester, ME1 area alone. If you compare it to last 3 years sales of 4 properties where buyers paid around £164,431. 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 £157,537 for 6 and average amount paid for purchase of approx. 8 properties sold in last 7 years comes to about £154,403 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, £275,581 for a 3 bedroom house, £451,571 for a 4 bedroom house and £586,071 for a 5 bedroom house. For a flat similarly the prices varies from £119,777 for a single bedroom to £175,908 for a 2 bedroom Flat. To sum up the asking prices for properties in Knowle Road, Wouldham, Rochester, ME1 it comes to around average £117,090 for 1 bedroom property, £183,797 for 2 bedroom, £275,581 for 3 bedroom, £451,571 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 Knowle Road, Wouldham, Rochester, ME1 area.

Popular Houses in Knowle Road, Wouldham, 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 Knowle Road, Wouldham, Rochester, ME1