Nelson Street, Faversham, ME13

Street Guide For Nelson Street, Faversham, ME13

 

Nelson Street, Faversham, ME13 Map

Estimated Price: £158,668
Average Asking Price: £389,560
Price change in last one year: £12,170
Average Price Paid: £122,728
Average Rent Rates: £825

 

Property Prices Breakdown in Nelson Street, Faversham, ME13

Average Price for property in Nelson Street, Faversham, ME13 is around £158,668 which varies based on type of property you are interested in and ranges from £206,335 for detached house to around £158,668 for terraced house. Values have been changing and have risen £873 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £2,562 in last 6 months, £12,170 in last 1 year, £20,072 in last 2 years, £25,424 in last 3 years, £24,447 in last 4 years and £22,589 in last 5 years.

Currently average asking price of a property in Nelson Street, Faversham, ME13 is around £389,560 based on approximately 0 properties for sale. Same is the case with rental options based on 32 properties up for rent, average asking rent is around £825 per month.

Estimated property value in Nelson Street, Faversham, ME13 is £158,668. Average asking price is £389,560 while average price paid is £119,666 which is up by £25,424 and Avg. asking rent £825.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 Nelson Street, Faversham, ME13 area. In last 3 years alone average price buyer paid is around £119,666 based on approximately 3 sales in Nelson Street, Faversham, ME13 area alone. If you compare it to last 5 years sales of 7 properties where buyers paid around £122,728. It has been same for some time now for e.g. if you take an average of amount paid in last 7 years, it comes to around £122,288 for 9 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 £144,983, £199,905 for a 2 bedroom house, £321,136 for a 3 bedroom house, £511,796 for a 4 bedroom house and £459,500 for a 5 bedroom house. For a flat similarly the prices varies from £123,742 for a single bedroom to £224,982 for a 2 bedroom Flat. Same is the case with 3 bedroom flat £375,000. To sum up the asking prices for properties in Nelson Street, Faversham, ME13 it comes to around average £129,535 for 1 bedroom property, £204,330 for 2 bedroom, £322,333 for 3 bedroom, £511,796 for 4 bedroom and £459,500 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 £693 for 1 bedroom to £762 for 2 bedroom, £936 for 3 bedroom and £1,499 for 4 bedroom. But if you are interested in renting a 2 bedroom flat then rent per month can be around £705. You should be generally be expecting around average £693 rent per month for single bedroom property, £746 for 2 bedroom, £936 for 3 bedroom and approximately £1,499 for 4 bedroom property in Nelson Street, Faversham, ME13 area.

Popular Houses in Nelson Street, Faversham, ME13

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 Nelson Street, Faversham, ME13