West Lane, Isle of Grain, Rochester, ME3

Street Guide For West Lane, Isle of Grain, Rochester, ME3

 

West Lane, Isle of Grain, Rochester, ME3 Map

Estimated Price: £211,241
Average Asking Price: £287,698
Price change in last one year: £15,312
Average Price Paid: £147,500
Average Rent Rates: £3,179

 

Property Prices Breakdown in West Lane, Isle of Grain, Rochester, ME3

Average Price for property in West Lane, Isle of Grain, Rochester, ME3 is around £211,241 which varies based on type of property you are interested in and ranges from £278,567 for detached house to around £179,241 for semi-detached. Similarly terraced house is around £209,247. Values have been changing and have risen £1,034 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £3,356 in last 6 months, £15,312 in last 1 year, £26,558 in last 2 years, £32,443 in last 3 years, £28,439 in last 4 years and £28,093 in last 5 years.

Currently average asking price of a property in West Lane, Isle of Grain, Rochester, ME3 is around £287,698 based on approximately 0 properties for sale. Same is the case with rental options based on 22 properties up for rent, average asking rent is around £3,179 per month.

Estimated property value in West Lane, Isle of Grain, Rochester, ME3 is £211,241. Average asking price is £287,698 while average price paid is £155,000 which is up by £32,443 and Avg. asking rent £3,179.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 West Lane, Isle of Grain, Rochester, ME3 area. In last 3 years alone average price buyer paid is around £155,000 based on approximately 2 sales in West Lane, Isle of Grain, Rochester, ME3 area alone. If you compare it to last 5 years sales of 4 properties where buyers paid around £147,500. It has been same for some time now for e.g. if you take an average of amount paid in last 7 years, it comes to around £144,583 for 6 per sale.

 
 

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 £35,603, £138,586 for a 2 bedroom house, £256,921 for a 3 bedroom house, £345,807 for a 4 bedroom house and £468,650 for a 5 bedroom house. For a flat similarly the prices varies from £118,625 for a single bedroom to £142,500 for a 2 bedroom Flat. To sum up the asking prices for properties in West Lane, Isle of Grain, Rochester, ME3 it comes to around average £54,052 for 1 bedroom property, £138,912 for 2 bedroom, £256,921 for 3 bedroom, £345,807 for 4 bedroom and £468,650 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 £693 for 1 bedroom to £381 for 3 bedroom, £1,012 for 4 bedroom and £1,850 for 5 bedroom. But if you are interested in renting a 1 bedroom flat then rent per month can be around £609. You should be generally be expecting around average £637 rent per month for single bedroom property, £381 for 3 bedroom, £1,012 for 4 bedroom and approximately £1,850 for 5 bedroom property in West Lane, Isle of Grain, Rochester, ME3 area.

Popular Houses in West Lane, Isle of Grain, Rochester, ME3

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.

Areas in and around West Lane, Isle of Grain, Rochester, ME3