Average Price for property in Rochester is around £227,938 which varies based on type of property you are interested in and ranges from £373,303 for detached house to around £229,221 for semi-detached. Similarly terraced house is around £183,915 and a flat is worth £147,118. Values have been changing and have risen £720 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £2,571 in last 6 months, £16,141 in last 1 year, £27,859 in last 2 years, £34,550 in last 3 years, £31,043 in last 4 years and £29,341 in last 5 years.
Currently average asking price of a property in Rochester is around £304,843 based on approximately 1,452 properties for sale. Same is the case with rental options based on 113 properties up for rent, average asking rent is around £1,803 per month.
Estimated property value in Rochester is £227,938. Average asking price is £304,843 while average price paid is £206,755 which is up by £16,141 and Avg. asking rent £1,803.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 Rochester area. In last 1 year alone average price buyer paid is around £206,755 based on approximately 1,452 sales in Rochester area alone. If you compare it to last 3 years sales of 4,165 properties where buyers paid around £196,513. 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 £193,036 for 6,547 and average amount paid for purchase of approx. 8,869 properties sold in last 7 years comes to about £188,911 per sale.