Sheerness

Area Guide For Sheerness

Sheerness is a town located beside the mouth of the River Medway on the north-west corner of the Isle of Sheppey in north Kent, England. With a population of 13,000 it is the largest town on the island. Sheerness began as a fort built in the 16th century to protect the River Medway from naval invasion. In 1665, plans were first laid by the Navy Board for a Royal Navy dockyard where warships might be provisioned and repaired, a site favoured by Samuel Pepys, then Clerk of the Acts of the navy, for shipbuilding over Chatham. After the raid on the Medway in 1667, the older fortification was strengthened in 1669 was established the Royal Navy dockyard the town, where warships were stocked and repaired until its closure in 1960. Beginning with the construction of a pier and a promenade in the 19th century, Sheerness acquired the added attractions of a seaside resort. Industry retains its important place in the town and the port of Sheerness is one of the United Kingdom's leading car and fresh produce importers. The town is the site of one of the UK's first co-operative societies and also of the world's first multi-storey building with a rigid metal frame. The first

 
 

Sheerness Map

Estimated Price: £187,940
Average Asking Price: £208,350
Price change in last one year: £16,285
Average Price Paid: £159,109
Average Rent Rates: £732

 
 

Property Prices Breakdown in Sheerness

Average Price for property in Sheerness is around £187,940 which varies based on type of property you are interested in and ranges from £255,523 for detached house to around £182,127 for semi-detached. Similarly terraced house is around £142,344 and a flat is worth £89,322. Values have been changing and have risen £576 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £2,098 in last 6 months, £16,285 in last 1 year, £25,759 in last 2 years, £30,180 in last 3 years, £31,870 in last 4 years and £25,139 in last 5 years.

Currently average asking price of a property in Sheerness is around £208,350 based on approximately 485 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 Sheerness is £187,940. Average asking price is £208,350 while average price paid is £171,185 which is up by £16,285 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 Sheerness area. In last 1 year alone average price buyer paid is around £171,185 based on approximately 485 sales in Sheerness area alone. If you compare it to last 3 years sales of 1,460 properties where buyers paid around £161,135. 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 £159,109 for 2,394 and average amount paid for purchase of approx. 3,226 properties sold in last 7 years comes to about £158,457 per sale.

 
 

Properties For Sale in Sheerness

 
 

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, £188,929 for a 3 bedroom house, £304,303 for a 4 bedroom house and £481,818 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 Sheerness it comes to around average £63,437 for 1 bedroom property, £93,334 for 2 bedroom, £187,711 for 3 bedroom, £304,303 for 4 bedroom and £481,818 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 £544. 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 £538 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 Sheerness area.

Popular Houses in Sheerness

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.

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