Average Price for property in New Covenant Place, Rochester, ME1 is around £242,541 which varies based on type of property you are interested in and ranges from £247,288 for semi-detached to around £233,046 for terraced house. Values have been changing and have risen £1,479 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £4,606 in last 6 months, £19,327 in last 1 year, £28,814 in last 2 years, £37,442 in last 3 years, £33,128 in last 4 years and £33,861 in last 5 years.
Currently average asking price of a property in New Covenant Place, Rochester, ME1 is around £338,829 based on approximately 1 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 New Covenant Place, Rochester, ME1 is £242,541. Average asking price is £338,829 while average price paid is £215,000 which is up by £19,327 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 New Covenant Place, Rochester, ME1 area. In last 1 year alone average price buyer paid is around £215,000 based on approximately 1 sales in New Covenant Place, Rochester, ME1 area alone. If you compare it to last 3 years sales of 2 properties where buyers paid around £200,000. 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 £200,000 for 3 and average amount paid for purchase of approx. 3 properties sold in last 7 years comes to about £200,000 per sale.