School Lane, Higham, Rochester, ME3

Street Guide For School Lane, Higham, Rochester, ME3

 

School Lane, Higham, Rochester, ME3 Map

Estimated Price: £297,157
Average Asking Price: £287,698
Price change in last one year: £23,392
Average Price Paid: £212,115
Average Rent Rates: £3,179

 

Property Prices Breakdown in School Lane, Higham, Rochester, ME3

Average Price for property in School Lane, Higham, Rochester, ME3 is around £297,157 which varies based on type of property you are interested in and ranges from £487,555 for detached house to around £284,438 for semi-detached. Similarly terraced house is around £235,174 and a flat is worth £59,856. Values have been changing and have risen £1,580 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £5,127 in last 6 months, £23,392 in last 1 year, £40,571 in last 2 years, £49,557 in last 3 years, £43,438 in last 4 years and £42,906 in last 5 years.

Currently average asking price of a property in School Lane, Higham, Rochester, ME3 is around £287,698 based on approximately 2 properties for sale. Same is the case with rental options based on 22 properties up for rent, average asking rent is around £3,179 per month.

Estimated property value in School Lane, Higham, Rochester, ME3 is £297,157. Average asking price is £287,698 while average price paid is £216,000 which is up by £23,392 and Avg. asking rent £3,179.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 School Lane, Higham, Rochester, ME3 area. In last 1 year alone average price buyer paid is around £216,000 based on approximately 2 sales in School Lane, Higham, Rochester, ME3 area alone. If you compare it to last 3 years sales of 6 properties where buyers paid around £226,832. 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 £212,115 for 13 and average amount paid for purchase of approx. 18 properties sold in last 7 years comes to about £205,155 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 £35,603, £138,586 for a 2 bedroom house, £256,921 for a 3 bedroom house, £345,807 for a 4 bedroom house and £468,650 for a 5 bedroom house. For a flat similarly the prices varies from £118,625 for a single bedroom to £142,500 for a 2 bedroom Flat. To sum up the asking prices for properties in School Lane, Higham, Rochester, ME3 it comes to around average £54,052 for 1 bedroom property, £138,912 for 2 bedroom, £256,921 for 3 bedroom, £345,807 for 4 bedroom and £468,650 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 £693 for 1 bedroom to £381 for 3 bedroom, £1,012 for 4 bedroom and £1,850 for 5 bedroom. But if you are interested in renting a 1 bedroom flat then rent per month can be around £609. You should be generally be expecting around average £637 rent per month for single bedroom property, £381 for 3 bedroom, £1,012 for 4 bedroom and approximately £1,850 for 5 bedroom property in School Lane, Higham, Rochester, ME3 area.

Popular Houses in School Lane, Higham, Rochester, ME3

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 School Lane, Higham, Rochester, ME3