Average Price for property in Melford Drive, Maidstone, ME16 is around £414,686 e.g. average price for detached house is around 414,686. Values have been changing and have risen £2,463 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £7,114 in last 6 months, £30,054 in last 1 year, £49,141 in last 2 years, £60,712 in last 3 years, £53,402 in last 4 years and £50,961 in last 5 years.
Currently average asking price of a property in Melford Drive, Maidstone, ME16 is around £247,357 based on approximately 2 properties for sale. Same is the case with rental options based on 38 properties up for rent, average asking rent is around £863 per month.
Estimated property value in Melford Drive, Maidstone, ME16 is £414,686. Average asking price is £247,357 while average price paid is £338,750 which is up by £30,054 and Avg. asking rent £863.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 Melford Drive, Maidstone, ME16 area. In last 1 year alone average price buyer paid is around £338,750 based on approximately 2 sales in Melford Drive, Maidstone, ME16 area alone. If you compare it to last 3 years sales of 4 properties where buyers paid around £328,750. 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 £326,928 for 7 and average amount paid for purchase of approx. 7 properties sold in last 7 years comes to about £326,928 per sale.