Average Price for property in Mermaid Close, Chatham, ME5 is around £162,216 which varies based on type of property you are interested in and ranges from £241,986 for detached house to around £166,129 for semi-detached. Similarly terraced house is around £155,400. Values have been changing and have risen £959 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £3,388 in last 6 months, £13,968 in last 1 year, £21,019 in last 2 years, £25,935 in last 3 years, £23,759 in last 4 years and £23,409 in last 5 years.
Currently average asking price of a property in Mermaid Close, Chatham, ME5 is around £256,784 based on approximately 2 properties for sale. Same is the case with rental options based on 32 properties up for rent, average asking rent is around £861 per month.
Estimated property value in Mermaid Close, Chatham, ME5 is £162,216. Average asking price is £256,784 while average price paid is £154,500 which is up by £13,968 and Avg. asking rent £861.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 Mermaid Close, Chatham, ME5 area. In last 1 year alone average price buyer paid is around £154,500 based on approximately 2 sales in Mermaid Close, Chatham, ME5 area alone. If you compare it to last 3 years sales of 7 properties where buyers paid around £143,285. 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 £139,125 for 8 and average amount paid for purchase of approx. 14 properties sold in last 7 years comes to about £131,321 per sale.