Values have been changing and have risen £445 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £1,001 in last 6 months, £10,620 in last 1 year, £22,597 in last 2 years, £26,057 in last 3 years, £19,469 in last 4 years and £21,930 in last 5 years.
Currently average asking price of a property in South Road, Herne Bay, CT6 is around £273,248 based on approximately 6 properties for sale. Same is the case with rental options based on 26 properties up for rent, average asking rent is around £980 per month.
Estimated property value in South Road, Herne Bay, CT6 is £172,307. Average asking price is £273,248 while average price paid is £146,666 which is up by £10,620 and Avg. asking rent £980.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 South Road, Herne Bay, CT6 area. In last 1 year alone average price buyer paid is around £146,666 based on approximately 6 sales in South Road, Herne Bay, CT6 area alone. If you compare it to last 3 years sales of 14 properties where buyers paid around £143,553. 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 £151,635 for 20 and average amount paid for purchase of approx. 26 properties sold in last 7 years comes to about £156,853 per sale.