Sittingbourne

Area Guide For Sittingbourne

Sittingbourne is a modern town around eight miles east of Gillingham in England, alongside the Roman Watling Street off a river in the Swale, a channel dividing the Isle of Sheppey from terrain Kent. The town is developing quickly because of various expansive private improvements, and its prepare line connections to London Victoria and HS1 to St Pancras International, the excursion taking about an hour from Sittingbourne track station.After the railway came in 1858, Sittingbourne got to be less a business exchanging and hostelry stop-off, and more a nineteenth century focal point of creation to fuel the development of London, by delivering blocks and paper from its earth substrata.

 
 

Sittingbourne Map

Estimated Price: £236,145
Average Asking Price: £300,773
Price change in last one year: £19,110
Average Price Paid: £188,400
Average Rent Rates: £1,048

 
 

Property Prices Breakdown in Sittingbourne

Average Price for property in Sittingbourne is around £236,145 which varies based on type of property you are interested in and ranges from £366,920 for detached house to around £225,243 for semi-detached. Similarly terraced house is around £173,470 and a flat is worth £126,539. Values have been changing and have risen £862 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £3,592 in last 6 months, £19,110 in last 1 year, £28,638 in last 2 years, £32,221 in last 3 years, £26,234 in last 4 years and £28,657 in last 5 years.

Currently average asking price of a property in Sittingbourne is around £300,773 based on approximately 1,009 properties for sale. Same is the case with rental options based on 90 properties up for rent, average asking rent is around £1,048 per month.

Estimated property value in Sittingbourne is £236,145. Average asking price is £300,773 while average price paid is £200,000 which is up by £19,110 and Avg. asking rent £1,048.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 Sittingbourne area. In last 1 year alone average price buyer paid is around £200,000 based on approximately 1,009 sales in Sittingbourne area alone. If you compare it to last 3 years sales of 2,887 properties where buyers paid around £192,105. 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 £188,400 for 4,556 and average amount paid for purchase of approx. 6,081 properties sold in last 7 years comes to about £187,181 per sale.

 
 

Properties For Sale in Sittingbourne

 
 

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 £98,847, £189,619 for a 2 bedroom house, £243,823 for a 3 bedroom house, £408,609 for a 4 bedroom house and £506,579 for a 5 bedroom house. For a flat similarly the prices varies from £109,890 for a single bedroom to £131,995 for a 2 bedroom Flat. Same is the case with 3 bedroom flat £130,000. To sum up the asking prices for properties in Sittingbourne it comes to around average £107,681 for 1 bedroom property, £169,518 for 2 bedroom, £241,255 for 3 bedroom, £408,609 for 4 bedroom and £506,579 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 £609 for 1 bedroom to £771 for 2 bedroom, £876 for 3 bedroom and £949 for 4 bedroom. But if you are interested in renting a 1 bedroom flat then rent per month can be around £584. As the no. of bedroom increase so will the rent e.g. for a 2 bedroom flat it will be around £640. You should be generally be expecting around average £589 rent per month for single bedroom property, £741 for 2 bedroom, £876 for 3 bedroom and approximately £949 for 4 bedroom property in Sittingbourne area.

Popular Houses in Sittingbourne

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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