Values have been changing and have risen £763 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £2,694 in last 6 months, £11,103 in last 1 year, £16,708 in last 2 years, £20,618 in last 3 years, £18,890 in last 4 years and £18,615 in last 5 years.
Currently average asking price of a property in Thorold Road, Chatham, ME5 is around £256,784 based on approximately 9 properties for sale. Same is the case with rental options based on 32 properties up for rent, average asking rent is around £861 per month.
Estimated property value in Thorold Road, Chatham, ME5 is £135,174. Average asking price is £256,784 while average price paid is £116,111 which is up by £11,103 and Avg. asking rent £861.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 Thorold Road, Chatham, ME5 area. In last 1 year alone average price buyer paid is around £116,111 based on approximately 9 sales in Thorold Road, Chatham, ME5 area alone. If you compare it to last 3 years sales of 22 properties where buyers paid around £107,674. 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 £103,290 for 39 and average amount paid for purchase of approx. 54 properties sold in last 7 years comes to about £105,724 per sale.