Rock Road, Penenden Heath, Maidstone, ME14

Street Guide For Rock Road, Penenden Heath, Maidstone, ME14

 

Rock Road, Penenden Heath, Maidstone, ME14 Map

Estimated Price: £360,615
Average Asking Price: £331,702
Price change in last one year: £29,060
Average Price Paid: £251,625
Average Rent Rates: £2,063

 

Property Prices Breakdown in Rock Road, Penenden Heath, Maidstone, ME14

Average Price for property in Rock Road, Penenden Heath, Maidstone, ME14 is around £360,615 which varies based on type of property you are interested in and ranges from £437,688 for detached house to around £318,026 for semi-detached. Similarly terraced house is around £260,554. Values have been changing and have risen £2,254 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £6,817 in last 6 months, £29,060 in last 1 year, £44,980 in last 2 years, £53,975 in last 3 years, £49,718 in last 4 years and £52,307 in last 5 years.

Currently average asking price of a property in Rock Road, Penenden Heath, Maidstone, ME14 is around £331,702 based on approximately 1 properties for sale. Same is the case with rental options based on 73 properties up for rent, average asking rent is around £2,063 per month.

Estimated property value in Rock Road, Penenden Heath, Maidstone, ME14 is £360,615. Average asking price is £331,702 while average price paid is £230,000 which is up by £29,060 and Avg. asking rent £2,063.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 Rock Road, Penenden Heath, Maidstone, ME14 area. In last 1 year alone average price buyer paid is around £230,000 based on approximately 1 sales in Rock Road, Penenden Heath, Maidstone, ME14 area alone. If you compare it to last 3 years sales of 3 properties where buyers paid around £252,166. 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 £251,625 for 4 and average amount paid for purchase of approx. 4 properties sold in last 7 years comes to about £251,625 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 £158,125, £200,478 for a 2 bedroom house, £323,028 for a 3 bedroom house, £465,343 for a 4 bedroom house and £609,700 for a 5 bedroom house. For a flat similarly the prices varies from £110,466 for a single bedroom to £155,329 for a 2 bedroom Flat. Same is the case with 3 bedroom flat £245,000. To sum up the asking prices for properties in Rock Road, Penenden Heath, Maidstone, ME14 it comes to around average £120,500 for 1 bedroom property, £179,479 for 2 bedroom, £318,570 for 3 bedroom, £465,343 for 4 bedroom and £609,700 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 £334 for 1 bedroom to £817 for 2 bedrooms, £1,167 for 3 bedrooms, £1,419 for 4 bedrooms and £2,024 for 5 bedrooms house. But if you are interested in renting a 1 bedroom flat then rent per month can be around £601. As the no. of bedroom increase so will the rent e.g. for a 2 bedroom flat it will be around £749. You should be generally be expecting around average £467 rent per month for single bedroom property, £777 for 2 bedroom, £1,167 for 3 bedroom, £1,419 for 4 bedroom and approximately £2,024 for a 5 bedroom property in Rock Road, Penenden Heath, Maidstone, ME14 area.

Popular Houses in Rock Road, Penenden Heath, Maidstone, ME14

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 Rock Road, Penenden Heath, Maidstone, ME14