Average Price for property in London Road, Strood, Rochester, ME2 is around £224,637 which varies based on type of property you are interested in and ranges from £356,734 for detached house to around £230,038 for semi-detached. Similarly terraced house is around £245,662 and a flat is worth £156,927. Values have been changing and have risen £750 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £3,215 in last 6 months, £17,857 in last 1 year, £28,793 in last 2 years, £34,674 in last 3 years, £32,526 in last 4 years and £29,653 in last 5 years.
Currently average asking price of a property in London Road, Strood, Rochester, ME2 is around £294,869 based on approximately 1 properties for sale. Same is the case with rental options based on 44 properties up for rent, average asking rent is around £1,638 per month.
Estimated property value in London Road, Strood, Rochester, ME2 is £224,637. Average asking price is £294,869 while average price paid is £223,500 which is up by £17,857 and Avg. asking rent £1,638.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 London Road, Strood, Rochester, ME2 area. In last 1 year alone average price buyer paid is around £223,500 based on approximately 1 sales in London Road, Strood, Rochester, ME2 area alone. If you compare it to last 3 years sales of 5 properties where buyers paid around £174,700. 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 £159,318 for 11 and average amount paid for purchase of approx. 13 properties sold in last 7 years comes to about £156,000 per sale.