Values have been changing and have risen £424 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £955 in last 6 months, £10,149 in last 1 year, £21,594 in last 2 years, £24,901 in last 3 years, £18,607 in last 4 years and £20,958 in last 5 years.
Currently average asking price of a property in Richmond Street, Herne Bay, CT6 is around £273,248 based on approximately 5 properties for sale. Same is the case with rental options based on 26 properties up for rent, average asking rent is around £980 per month.
Estimated property value in Richmond Street, Herne Bay, CT6 is £178,035. Average asking price is £273,248 while average price paid is £180,979 which is up by £10,149 and Avg. asking rent £980.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 Street, Herne Bay, CT6 area. In last 1 year alone average price buyer paid is around £180,979 based on approximately 5 sales in Richmond Street, Herne Bay, CT6 area alone. If you compare it to last 3 years sales of 11 properties where buyers paid around £170,942. 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 £147,323 for 22 and average amount paid for purchase of approx. 27 properties sold in last 7 years comes to about £147,965 per sale.