Average Price for property in Nelson Terrace, Chatham, ME5 is around £107,813 which varies based on type of property you are interested in and ranges from £124,424 for terraced house to around £91,203 for a flat. Values have been changing and have risen £619 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £2,183 in last 6 months, £8,996 in last 1 year, £13,537 in last 2 years, £16,706 in last 3 years, £15,307 in last 4 years and £15,085 in last 5 years.
Currently average asking price of a property in Nelson Terrace, Chatham, ME5 is around £256,784 based on approximately 1 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 Nelson Terrace, Chatham, ME5 is £107,813. Average asking price is £256,784 while average price paid is £87,500 which is up by £8,996 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 Nelson Terrace, Chatham, ME5 area. In last 1 year alone average price buyer paid is around £87,500 based on approximately 1 sales in Nelson Terrace, Chatham, ME5 area alone. If you compare it to last 3 years sales of 1 properties where buyers paid around £87,500. 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 £76,250 for 2 and average amount paid for purchase of approx. 3 properties sold in last 7 years comes to about £72,500 per sale.