Richmond Street, Sheerness, ME12

Street Guide For Richmond Street, Sheerness, ME12

 

Richmond Street, Sheerness, ME12 Map

Estimated Price: £118,332
Average Asking Price: £207,540
Price change in last one year: £9,616
Average Price Paid: £118,332
Average Rent Rates: £732

 

Property Prices Breakdown in Richmond Street, Sheerness, ME12

Average Price for property in Richmond Street, Sheerness, ME12 is around £118,332 which varies based on type of property you are interested in and ranges from £179,036 for detached house to around £131,284 for semi-detached. Similarly terraced house is around £114,802 and a flat is worth £100,466. Values have been changing and have risen £579 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £1,884 in last 6 months, £9,616 in last 1 year, £15,078 in last 2 years, £18,363 in last 3 years, £17,404 in last 4 years and £15,948 in last 5 years.

Currently average asking price of a property in Richmond Street, Sheerness, ME12 is around £207,540 based on approximately 4 properties for sale. Same is the case with rental options based on 30 properties up for rent, average asking rent is around £732 per month.

Estimated property value in Richmond Street, Sheerness, ME12 is £118,332. Average asking price is £207,540 while average price paid is £133,998 which is up by £9,616 and Avg. asking rent £732.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, Sheerness, ME12 area. In last 1 year alone average price buyer paid is around £133,998 based on approximately 4 sales in Richmond Street, Sheerness, ME12 area alone. If you compare it to last 3 years sales of 7 properties where buyers paid around £114,285. 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 £118,332 for 9 and average amount paid for purchase of approx. 12 properties sold in last 7 years comes to about £111,832 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 £70,000, £89,407 for a 2 bedroom house, £190,069 for a 3 bedroom house, £305,587 for a 4 bedroom house and £488,333 for a 5 bedroom house. For a flat similarly the prices varies from £61,249 for a single bedroom to £119,699 for a 2 bedroom Flat. Same is the case with 3 bedroom flat £100,000. To sum up the asking prices for properties in Richmond Street, Sheerness, ME12 it comes to around average £63,437 for 1 bedroom property, £93,334 for 2 bedroom, £188,818 for 3 bedroom, £305,587 for 4 bedroom and £488,333 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 £516 for 1 bedroom to £696 for 2 bedrooms, £716 for 3 bedrooms, £1,416 for 4 bedrooms and £1,575 for 5 bedrooms house. But if you are interested in renting a 1 bedroom flat then rent per month can be around £547. As the no. of bedroom increase so will the rent e.g. for a 2 bedroom flat it will be around £724. You should be generally be expecting around average £540 rent per month for single bedroom property, £705 for 2 bedroom, £716 for 3 bedroom, £1,416 for 4 bedroom and approximately £1,575 for a 5 bedroom property in Richmond Street, Sheerness, ME12 area.

Popular Houses in Richmond Street, Sheerness, ME12

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 Street, Sheerness, ME12