Values have been changing and have risen £924 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £3,264 in last 6 months, £13,456 in last 1 year, £20,248 in last 2 years, £24,984 in last 3 years, £22,887 in last 4 years and £22,552 in last 5 years.
Currently average asking price of a property in Mincers 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 Mincers Close, Chatham, ME5 is £159,377. Average asking price is £256,784 while average price paid is £131,500 which is up by £13,456 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 Mincers Close, Chatham, ME5 area. In last 1 year alone average price buyer paid is around £131,500 based on approximately 2 sales in Mincers Close, Chatham, ME5 area alone. If you compare it to last 3 years sales of 3 properties where buyers paid around £113,500. 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 £113,083 for 6 and average amount paid for purchase of approx. 7 properties sold in last 7 years comes to about £115,500 per sale.