Montfort Road, Walderslade, Chatham, ME5

Street Guide For Montfort Road, Walderslade, Chatham, ME5

 

Montfort Road, Walderslade, Chatham, ME5 Map

Estimated Price: £251,603
Average Asking Price: £255,586
Price change in last one year: £21,094
Average Price Paid: £189,447
Average Rent Rates: £863

 

Property Prices Breakdown in Montfort Road, Walderslade, Chatham, ME5

Average Price for property in Montfort Road, Walderslade, Chatham, ME5 is around £251,603 which varies based on type of property you are interested in and ranges from £227,737 for detached house to around £254,744 for semi-detached. Values have been changing and have risen £1,448 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £5,116 in last 6 months, £21,094 in last 1 year, £31,739 in last 2 years, £39,164 in last 3 years, £35,872 in last 4 years and £35,344 in last 5 years.

Currently average asking price of a property in Montfort Road, Walderslade, Chatham, ME5 is around £255,586 based on approximately 2 properties for sale. Same is the case with rental options based on 31 properties up for rent, average asking rent is around £863 per month.

Estimated property value in Montfort Road, Walderslade, Chatham, ME5 is £251,603. Average asking price is £255,586 while average price paid is £202,500 which is up by £21,094 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 Montfort Road, Walderslade, Chatham, ME5 area. In last 1 year alone average price buyer paid is around £202,500 based on approximately 2 sales in Montfort Road, Walderslade, Chatham, ME5 area alone. If you compare it to last 3 years sales of 13 properties where buyers paid around £195,884. 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 £189,447 for 19 and average amount paid for purchase of approx. 22 properties sold in last 7 years comes to about £190,431 per sale.

 
 

Breakdown of asking prices for homes of different sizes show that price varies clearly based on no of bedrooms and type of house. Asking price for a house with 1 bedroom is around £127,142, £163,274 for a 2 bedroom house, £225,834 for a 3 bedroom house, £361,422 for a 4 bedroom house and £505,312 for a 5 bedroom house. For a flat similarly the prices varies from £102,135 for a single bedroom to £146,250 for a 2 bedroom Flat. To sum up the asking prices for properties in Montfort Road, Walderslade, Chatham, ME5 it comes to around average £114,639 for 1 bedroom property, £158,410 for 2 bedroom, £225,834 for 3 bedroom, £361,422 for 4 bedroom and £505,312 for a 5 bedroom property.

Rent per calendar month varies similarly based on type and size of the house. If you look at the rents per month for houses alone it can vary from £475 for 1 bedroom to £721 for 2 bedroom, £1,099 for 3 bedroom and £1,326 for 4 bedroom. But if you are interested in renting a 1 bedroom flat then rent per month can be around £509. As the no. of bedroom increase so will the rent e.g. for a 2 bedroom flat it will be around £650. You should be generally be expecting around average £495 rent per month for single bedroom property, £703 for 2 bedroom, £1,099 for 3 bedroom and approximately £1,326 for 4 bedroom property in Montfort Road, Walderslade, Chatham, ME5 area.

Popular Houses in Montfort Road, Walderslade, Chatham, ME5

Disclaimer : Location real estate estimates and values are based on House price index background data and Sales data provided by United Kingdom Land registry Records available as public records from their website. This information is updated monthly on our website and may not reflect all public transactions. This information is based on estimated calculation generated from our developed algorithms. We are striving to make this information as accurate and useful as possible. This data covers the transactions received at Land Registry in the period 1/1/1995 to 9/1/2014. © Crown copyright 2014. Data produced by Land Registry © Crown copyright 2014.

Areas in and around Montfort Road, Walderslade, Chatham, ME5