Average Price for property in Chatham is around £198,258 which varies based on type of property you are interested in and ranges from £322,708 for detached house to around £213,263 for semi-detached. Similarly terraced house is around £163,611 and a flat is worth £143,985. Values have been changing and have risen £2,232 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £8,050 in last 6 months, £22,209 in last 1 year, £28,132 in last 2 years, £31,890 in last 3 years, £26,908 in last 4 years and £32,017 in last 5 years.
Currently average asking price of a property in Chatham is around £236,380 based on approximately 1,092 properties for sale. Same is the case with rental options based on 139 properties up for rent, average asking rent is around £1,360 per month.
Estimated property value in Chatham is £198,258. Average asking price is £236,380 while average price paid is £175,054 which is up by £22,209 and Avg. asking rent £1,360.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 Chatham area. In last 1 year alone average price buyer paid is around £175,054 based on approximately 1,092 sales in Chatham area alone. If you compare it to last 3 years sales of 3,237 properties where buyers paid around £168,422. 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 £165,001 for 5,043 and average amount paid for purchase of approx. 6,885 properties sold in last 7 years comes to about £163,008 per sale.