Meadow Bank Road, Chatham, ME4

Street Guide For Meadow Bank Road, Chatham, ME4

 

Meadow Bank Road, Chatham, ME4 Map

Estimated Price: £123,700
Average Asking Price: £212,487
Price change in last one year: £10,541
Average Price Paid: £107,000
Average Rent Rates: £1,501

 

Property Prices Breakdown in Meadow Bank Road, Chatham, ME4

Values have been changing and have risen £857 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £2,818 in last 6 months, £10,541 in last 1 year, £15,999 in last 2 years, £18,078 in last 3 years, £17,345 in last 4 years and £18,015 in last 5 years.

Currently average asking price of a property in Meadow Bank Road, Chatham, ME4 is around £212,487 based on approximately 1 properties for sale. Same is the case with rental options based on 108 properties up for rent, average asking rent is around £1,501 per month.

Estimated property value in Meadow Bank Road, Chatham, ME4 is £123,700. Average asking price is £212,487 while average price paid is £107,000 which is up by £10,541 and Avg. asking rent £1,501.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 Meadow Bank Road, Chatham, ME4 area. In last 1 year alone average price buyer paid is around £107,000 based on approximately 1 sales in Meadow Bank Road, Chatham, ME4 area alone. If you compare it to last 3 years sales of 1 properties where buyers paid around £107,000. 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 £107,000 for 1 and average amount paid for purchase of approx. 2 properties sold in last 7 years comes to about £87,000 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 £70,000, £128,716 for a 2 bedroom house, £194,997 for a 3 bedroom house, £293,995 for a 4 bedroom house and £390,398 for a 5 bedroom house. For a flat similarly the prices varies from £97,974 for a single bedroom to £152,649 for a 2 bedroom Flat. Same is the case with 3 bedroom flat £259,166. To sum up the asking prices for properties in Meadow Bank Road, Chatham, ME4 it comes to around average £96,975 for 1 bedroom property, £145,505 for 2 bedroom, £205,402 for 3 bedroom, £293,995 for 4 bedroom and £390,398 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 £417 for 1 bedroom to £679 for 2 bedrooms, £740 for 3 bedrooms, £892 for 4 bedrooms and £906 for 5 bedrooms house. But if you are interested in renting a 1 bedroom flat then rent per month can be around £584. As the no. of bedroom increase so will the rent e.g. for a 2 bedroom flat it will be around £821 and £808 for 3 bedroom. You should be generally be expecting around average £517 rent per month for single bedroom property, £736 for 2 bedroom, £747 for 3 bedroom, £892 for 4 bedroom and approximately £906 for a 5 bedroom property in Meadow Bank Road, Chatham, ME4 area.

Popular Houses in Meadow Bank Road, Chatham, ME4

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 Meadow Bank Road, Chatham, ME4