Lower Road, Teynham, Sittingbourne, ME9

Street Guide For Lower Road, Teynham, Sittingbourne, ME9

 

Lower Road, Teynham, Sittingbourne, ME9 Map

Estimated Price: £199,443
Average Asking Price: £394,751
Price change in last one year: £14,979
Average Price Paid: £157,428
Average Rent Rates: £726

 

Property Prices Breakdown in Lower Road, Teynham, Sittingbourne, ME9

Average Price for property in Lower Road, Teynham, Sittingbourne, ME9 is around £199,443 which varies based on type of property you are interested in and ranges from £471,154 for detached house to around £210,012 for semi-detached. Similarly terraced house is around £171,077 and a flat is worth £179,201. Values have been changing and have risen £988 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £3,202 in last 6 months, £14,979 in last 1 year, £25,315 in last 2 years, £30,338 in last 3 years, £24,611 in last 4 years and £25,587 in last 5 years.

Currently average asking price of a property in Lower Road, Teynham, Sittingbourne, ME9 is around £394,751 based on approximately 1 properties for sale. Same is the case with rental options based on 17 properties up for rent, average asking rent is around £726 per month.

Estimated property value in Lower Road, Teynham, Sittingbourne, ME9 is £199,443. Average asking price is £394,751 while average price paid is £160,000 which is up by £14,979 and Avg. asking rent £726.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, Teynham, Sittingbourne, ME9 area. In last 1 year alone average price buyer paid is around £160,000 based on approximately 1 sales in Lower Road, Teynham, Sittingbourne, ME9 area alone. If you compare it to last 3 years sales of 4 properties where buyers paid around £151,750. 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 £157,428 for 7 and average amount paid for purchase of approx. 10 properties sold in last 7 years comes to about £150,112 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 2 bedroom is around £199,406, £305,041 for a 3 bedroom house, £480,506 for a 4 bedroom house and £600,455 for a 5 bedroom house. For a flat similarly the prices varies from £111,929 for a single bedroom to £143,317 for a 2 bedroom Flat. To sum up the asking prices for properties in Lower Road, Teynham, Sittingbourne, ME9 it comes to around average £111,929 for 1 bedroom property, £190,992 for 2 bedroom, £305,041 for 3 bedroom, £480,506 for 4 bedroom and £600,455 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 £594 for 1 bedroom to £784 for 2 bedroom and £934 for 3 bedroom. But if you are interested in renting a 1 bedroom flat then rent per month can be around £598. As the no. of bedroom increase so will the rent e.g. for a 2 bedroom flat it will be around £676. You should be generally be expecting around average £596 rent per month for single bedroom property, £763 for 2 bedroom and approximately £934 for 3 bedroom property in Lower Road, Teynham, Sittingbourne, ME9 area.

Popular Houses in Lower Road, Teynham, Sittingbourne, ME9

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 Lower Road, Teynham, Sittingbourne, ME9