Values have been changing and have risen £963 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £3,402 in last 6 months, £14,026 in last 1 year, £21,106 in last 2 years, £26,043 in last 3 years, £23,856 in last 4 years and £23,505 in last 5 years.
Currently average asking price of a property in Vale Drive, Chatham, ME5 is around £256,784 based on approximately 4 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 Vale Drive, Chatham, ME5 is £158,656. Average asking price is £256,784 while average price paid is £174,625 which is up by £14,026 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 Vale Drive, Chatham, ME5 area. In last 1 year alone average price buyer paid is around £174,625 based on approximately 4 sales in Vale Drive, Chatham, ME5 area alone. If you compare it to last 3 years sales of 10 properties where buyers paid around £132,000. 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 £123,875 for 16 and average amount paid for purchase of approx. 26 properties sold in last 7 years comes to about £124,750 per sale.