Average Price for property in Redwing Road, Chatham, ME5 is around £217,096 which varies based on type of property you are interested in and ranges from £301,378 for detached house to around £220,039 for semi-detached. Similarly terraced house is around £178,309 and a flat is worth £50,897. Values have been changing and have risen £1,235 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £4,362 in last 6 months, £17,984 in last 1 year, £27,062 in last 2 years, £33,392 in last 3 years, £30,587 in last 4 years and £30,136 in last 5 years.
Currently average asking price of a property in Redwing Road, Chatham, ME5 is around £256,784 based on approximately 4 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 Redwing Road, Chatham, ME5 is £217,096. Average asking price is £256,784 while average price paid is £168,500 which is up by £17,984 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 Redwing Road, Chatham, ME5 area. In last 1 year alone average price buyer paid is around £168,500 based on approximately 4 sales in Redwing Road, Chatham, ME5 area alone. If you compare it to last 3 years sales of 15 properties where buyers paid around £152,146. 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 £149,658 for 17 and average amount paid for purchase of approx. 30 properties sold in last 7 years comes to about £150,506 per sale.