Average Price for property in Lower Road, Faversham, ME13 is around £242,644 which varies based on type of property you are interested in and ranges from £273,132 for detached house to around £239,502 for semi-detached. Similarly terraced house is around £204,663. Values have been changing and have risen £1,349 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £3,959 in last 6 months, £18,807 in last 1 year, £31,018 in last 2 years, £39,283 in last 3 years, £37,767 in last 4 years and £34,895 in last 5 years.
Currently average asking price of a property in Lower Road, Faversham, ME13 is around £389,560 based on approximately 7 properties for sale. Same is the case with rental options based on 32 properties up for rent, average asking rent is around £825 per month.
Estimated property value in Lower Road, Faversham, ME13 is £242,644. Average asking price is £389,560 while average price paid is £250,571 which is up by £18,807 and Avg. asking rent £825.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 Lower Road, Faversham, ME13 area. In last 1 year alone average price buyer paid is around £250,571 based on approximately 7 sales in Lower Road, Faversham, ME13 area alone. If you compare it to last 3 years sales of 22 properties where buyers paid around £208,681. 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 £193,697 for 38 and average amount paid for purchase of approx. 48 properties sold in last 7 years comes to about £191,098 per sale.