Average Price for property in Mortimer Street, Herne Bay, CT6 is around £158,083 which varies based on type of property you are interested in and ranges from £217,837 for detached house to around £228,170 for semi-detached. Similarly terraced house is around £197,381 and a flat is worth £112,822. Values have been changing and have risen £384 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £864 in last 6 months, £9,181 in last 1 year, £19,534 in last 2 years, £22,523 in last 3 years, £16,829 in last 4 years and £18,958 in last 5 years.
Currently average asking price of a property in Mortimer Street, Herne Bay, CT6 is around £273,248 based on approximately 9 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 Mortimer Street, Herne Bay, CT6 is £158,083. Average asking price is £273,248 while average price paid is £140,055 which is up by £9,181 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 Mortimer Street, Herne Bay, CT6 area. In last 1 year alone average price buyer paid is around £140,055 based on approximately 9 sales in Mortimer Street, Herne Bay, CT6 area alone. If you compare it to last 3 years sales of 15 properties where buyers paid around £131,629. 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 £120,701 for 27 and average amount paid for purchase of approx. 34 properties sold in last 7 years comes to about £113,498 per sale.