Average Price for property in Monarch Close, Chatham, ME5 is around £164,956 which varies based on type of property you are interested in and ranges from £181,603 for semi-detached to around £156,964 for terraced house. Values have been changing and have risen £981 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £3,464 in last 6 months, £14,283 in last 1 year, £21,492 in last 2 years, £26,520 in last 3 years, £24,293 in last 4 years and £23,938 in last 5 years.
Currently average asking price of a property in Monarch Close, Chatham, ME5 is around £256,784 based on approximately 3 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 Monarch Close, Chatham, ME5 is £164,956. Average asking price is £256,784 while average price paid is £153,165 which is up by £14,283 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 Monarch Close, Chatham, ME5 area. In last 1 year alone average price buyer paid is around £153,165 based on approximately 3 sales in Monarch Close, Chatham, ME5 area alone. If you compare it to last 3 years sales of 5 properties where buyers paid around £139,099. 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 £135,463 for 7 and average amount paid for purchase of approx. 14 properties sold in last 7 years comes to about £136,838 per sale.