Average Price for property in Mill Lane, Herne Bay, CT6 is around £341,461 which varies based on type of property you are interested in and ranges from £380,057 for detached house to around £286,486 for semi-detached. Similarly terraced house is around £291,251 and a flat is worth £251,322. Values have been changing and have risen £811 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £1,824 in last 6 months, £19,348 in last 1 year, £41,169 in last 2 years, £47,468 in last 3 years, £35,459 in last 4 years and £39,936 in last 5 years.
Currently average asking price of a property in Mill Lane, Herne Bay, CT6 is around £273,248 based on approximately 4 properties for sale. Same is the case with rental options based on 26 properties up for rent, average asking rent is around £980 per month.
Estimated property value in Mill Lane, Herne Bay, CT6 is £341,461. Average asking price is £273,248 while average price paid is £324,375 which is up by £19,348 and Avg. asking rent £980.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 Mill Lane, Herne Bay, CT6 area. In last 1 year alone average price buyer paid is around £324,375 based on approximately 4 sales in Mill Lane, Herne Bay, CT6 area alone. If you compare it to last 3 years sales of 9 properties where buyers paid around £296,272. 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 £281,163 for 15 and average amount paid for purchase of approx. 20 properties sold in last 7 years comes to about £281,797 per sale.