Nashenden Lane, Rochester, ME1

Street Guide For Nashenden Lane, Rochester, ME1

 

Nashenden Lane, Rochester, ME1 Map

Estimated Price: £228,480
Average Asking Price: £338,829
Price change in last one year: £18,900
Average Price Paid: £206,666
Average Rent Rates: £1,283

 

Property Prices Breakdown in Nashenden Lane, Rochester, ME1

Average Price for property in Nashenden Lane, Rochester, ME1 is around £228,480 which varies based on type of property you are interested in and ranges from £332,246 for detached house to around £225,416 for semi-detached. Similarly terraced house is around £178,130. Values have been changing and have risen £1,447 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £4,504 in last 6 months, £18,900 in last 1 year, £28,177 in last 2 years, £36,617 in last 3 years, £32,399 in last 4 years and £33,114 in last 5 years.

Currently average asking price of a property in Nashenden Lane, Rochester, ME1 is around £338,829 based on approximately 2 properties for sale. Same is the case with rental options based on 47 properties up for rent, average asking rent is around £1,283 per month.

Estimated property value in Nashenden Lane, Rochester, ME1 is £228,480. Average asking price is £338,829 while average price paid is £235,000 which is up by £18,900 and Avg. asking rent £1,283.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 Nashenden Lane, Rochester, ME1 area. In last 1 year alone average price buyer paid is around £235,000 based on approximately 2 sales in Nashenden Lane, Rochester, ME1 area alone. If you compare it to last 3 years sales of 3 properties where buyers paid around £206,666. 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 £206,666 for 3 and average amount paid for purchase of approx. 4 properties sold in last 7 years comes to about £198,250 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 £105,000, £189,996 for a 2 bedroom house, £273,998 for a 3 bedroom house, £446,955 for a 4 bedroom house and £586,071 for a 5 bedroom house. For a flat similarly the prices varies from £116,222 for a single bedroom to £180,832 for a 2 bedroom Flat. To sum up the asking prices for properties in Nashenden Lane, Rochester, ME1 it comes to around average £114,181 for 1 bedroom property, £185,923 for 2 bedroom, £273,998 for 3 bedroom, £446,955 for 4 bedroom and £586,071 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 £490 for 1 bedroom to £800 for 2 bedroom, £811 for 3 bedroom and £1,177 for 4 bedroom. But if you are interested in renting a 1 bedroom flat then rent per month can be around £607. As the no. of bedroom increase so will the rent e.g. for a 2 bedroom flat it will be around £845 and £1,599 for 5 bedroom. You should be generally be expecting around average £586 rent per month for single bedroom property, £835 for 2 bedroom, £811 for 3 bedroom, £1,177 for 4 bedroom and approximately £1,599 for a 5 bedroom property in Nashenden Lane, Rochester, ME1 area.

Popular Houses in Nashenden Lane, Rochester, ME1

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 Nashenden Lane, Rochester, ME1