Magnolia Drive, Chartham, Canterbury, CT4

Street Guide For Magnolia Drive, Chartham, Canterbury, CT4

 

Magnolia Drive, Chartham, Canterbury, CT4 Map

Estimated Price: £364,452
Average Asking Price: £425,043
Price change in last one year: £28,199
Average Price Paid: £301,844
Average Rent Rates: £1,053

 

Property Prices Breakdown in Magnolia Drive, Chartham, Canterbury, CT4

Average Price for property in Magnolia Drive, Chartham, Canterbury, CT4 is around £364,452 which varies based on type of property you are interested in and ranges from £368,861 for detached house to around £260,826 for terraced house. Values have been changing and have risen £1,745 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £6,245 in last 6 months, £28,199 in last 1 year, £48,006 in last 2 years, £58,448 in last 3 years, £42,786 in last 4 years and £52,180 in last 5 years.

Currently average asking price of a property in Magnolia Drive, Chartham, Canterbury, CT4 is around £425,043 based on approximately 3 properties for sale. Same is the case with rental options based on 21 properties up for rent, average asking rent is around £1,053 per month.

Estimated property value in Magnolia Drive, Chartham, Canterbury, CT4 is £364,452. Average asking price is £425,043 while average price paid is £326,666 which is up by £28,199 and Avg. asking rent £1,053.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 Magnolia Drive, Chartham, Canterbury, CT4 area. In last 1 year alone average price buyer paid is around £326,666 based on approximately 3 sales in Magnolia Drive, Chartham, Canterbury, CT4 area alone. If you compare it to last 3 years sales of 6 properties where buyers paid around £310,277. 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 £301,844 for 15 and average amount paid for purchase of approx. 21 properties sold in last 7 years comes to about £296,555 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 £100,000, £192,497 for a 2 bedroom house, £332,318 for a 3 bedroom house, £486,758 for a 4 bedroom house and £826,026 for a 5 bedroom house. For a flat similarly the prices varies from £133,000 for a single bedroom to £182,499 for a 2 bedroom Flat. Same is the case with 3 bedroom flat £360,000. To sum up the asking prices for properties in Magnolia Drive, Chartham, Canterbury, CT4 it comes to around average £128,286 for 1 bedroom property, £189,917 for 2 bedroom, £333,066 for 3 bedroom, £486,758 for 4 bedroom and £826,026 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 £663 for 1 bedroom to £796 for 2 bedroom, £1,215 for 3 bedroom and £1,675 for 4 bedroom. But if you are interested in renting a 2 bedroom flat then rent per month can be around £802. As the no. of bedroom increase so will the rent e.g. for a 3 bedroom flat it will be around £2,002. You should be generally be expecting around average £663 rent per month for single bedroom property, £797 for 2 bedroom, £1,412 for 3 bedroom and approximately £1,675 for 4 bedroom property in Magnolia Drive, Chartham, Canterbury, CT4 area.

Popular Houses in Magnolia Drive, Chartham, Canterbury, CT4

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 Magnolia Drive, Chartham, Canterbury, CT4