Richmond Meech Drive, Kennington, Ashford, TN24

Street Guide For Richmond Meech Drive, Kennington, Ashford, TN24

 

Richmond Meech Drive, Kennington, Ashford, TN24 Map

Estimated Price: £174,671
Average Asking Price: £254,295
Price change in last one year: £15,783
Average Price Paid: £156,291
Average Rent Rates: £1,005

 

Property Prices Breakdown in Richmond Meech Drive, Kennington, Ashford, TN24

Average Price for property in Richmond Meech Drive, Kennington, Ashford, TN24 is around £174,671 which varies based on type of property you are interested in and ranges from £268,022 for detached house to around £241,437 for semi-detached. Similarly terraced house is around £223,578 and a flat is worth £143,068. Values have been changing and have risen £345 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £888 in last 6 months, £15,783 in last 1 year, £22,464 in last 2 years, £26,058 in last 3 years, £22,509 in last 4 years and £23,401 in last 5 years.

Currently average asking price of a property in Richmond Meech Drive, Kennington, Ashford, TN24 is around £254,295 based on approximately 4 properties for sale. Same is the case with rental options based on 55 properties up for rent, average asking rent is around £1,005 per month.

Estimated property value in Richmond Meech Drive, Kennington, Ashford, TN24 is £174,671. Average asking price is £254,295 while average price paid is £180,987 which is up by £15,783 and Avg. asking rent £1,005.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 Richmond Meech Drive, Kennington, Ashford, TN24 area. In last 1 year alone average price buyer paid is around £180,987 based on approximately 4 sales in Richmond Meech Drive, Kennington, Ashford, TN24 area alone. If you compare it to last 3 years sales of 12 properties where buyers paid around £151,745. 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 £156,291 for 17 and average amount paid for purchase of approx. 22 properties sold in last 7 years comes to about £160,429 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 2 bedroom is around £174,588, £235,344 for a 3 bedroom house, £306,688 for a 4 bedroom house and £453,090 for a 5 bedroom house. For a flat similarly the prices varies from £95,999 for a single bedroom to £139,929 for a 2 bedroom Flat. Same is the case with 3 bedroom flat £125,000. To sum up the asking prices for properties in Richmond Meech Drive, Kennington, Ashford, TN24 it comes to around average £95,999 for 1 bedroom property, £155,434 for 2 bedroom, £233,338 for 3 bedroom, £306,688 for 4 bedroom and £453,090 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 £764 for 2 bedroom to £865 for 3 bedroom and £997 for 4 bedroom. But if you are interested in renting a 1 bedroom flat then rent per month can be around £563. As the no. of bedroom increase so will the rent e.g. for a 2 bedroom flat it will be around £644. You should be generally be expecting around average £563 rent per month for single bedroom property, £694 for 2 bedroom, £865 for 3 bedroom and approximately £997 for 4 bedroom property in Richmond Meech Drive, Kennington, Ashford, TN24 area.

Popular Houses in Richmond Meech Drive, Kennington, Ashford, TN24

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 Richmond Meech Drive, Kennington, Ashford, TN24