Orchard Drive, Meopham, Gravesend, DA13

Street Guide For Orchard Drive, Meopham, Gravesend, DA13

 

Orchard Drive, Meopham, Gravesend, DA13 Map

Estimated Price: £425,964
Average Asking Price: £520,201
Price change in last one year: £35,945
Average Price Paid: £297,166
Average Rent Rates: £1,457

 

Property Prices Breakdown in Orchard Drive, Meopham, Gravesend, DA13

Average Price for property in Orchard Drive, Meopham, Gravesend, DA13 is around £425,964 which varies based on type of property you are interested in and ranges from £483,075 for detached house to around £405,568 for semi-detached. Values have been changing and have risen £4,030 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £13,139 in last 6 months, £35,945 in last 1 year, £53,495 in last 2 years, £61,769 in last 3 years, £63,425 in last 4 years and £66,043 in last 5 years.

Currently average asking price of a property in Orchard Drive, Meopham, Gravesend, DA13 is around £520,201 based on approximately 1 properties for sale. Same is the case with rental options based on 6 properties up for rent, average asking rent is around £1,457 per month.

Estimated property value in Orchard Drive, Meopham, Gravesend, DA13 is £425,964. Average asking price is £520,201 while average price paid is £335,000 which is up by £35,945 and Avg. asking rent £1,457.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 Orchard Drive, Meopham, Gravesend, DA13 area. In last 1 year alone average price buyer paid is around £335,000 based on approximately 1 sales in Orchard Drive, Meopham, Gravesend, DA13 area alone. If you compare it to last 3 years sales of 5 properties where buyers paid around £303,600. 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 £297,166 for 6 and average amount paid for purchase of approx. 8 properties sold in last 7 years comes to about £290,062 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 £182,375, £227,499 for a 2 bedroom house, £361,578 for a 3 bedroom house, £527,406 for a 4 bedroom house and £891,250 for a 5 bedroom house. For a flat the prices of 2 bedroom is £280,000. To sum up the asking prices for properties in Orchard Drive, Meopham, Gravesend, DA13 it comes to around average £182,375 for 1 bedroom property, £237,999 for 2 bedroom, £361,578 for 3 bedroom, £527,406 for 4 bedroom and £891,250 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 £1,300 for 2 bedroom to £1,374 for 3 bedroom, £1,599 for 4 bedroom and £2,500 for 5 bedroom. But if you are interested in renting a 1 bedroom flat then rent per month can be around £598. You should be generally be expecting around average £598 rent per month for single bedroom property, £1,300 for 2 bedroom, £1,374 for 3 bedroom, £1,599 for 4 bedroom and approximately £2,500 for a 5 bedroom property in Orchard Drive, Meopham, Gravesend, DA13 area.

Popular Houses in Orchard Drive, Meopham, Gravesend, DA13

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 Orchard Drive, Meopham, Gravesend, DA13