Average Price for property in West Street, Strood, Rochester, ME2 is around £157,575 e.g. average price for terraced house is around 157,575. Values have been changing and have risen £517 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £2,218 in last 6 months, £12,319 in last 1 year, £19,862 in last 2 years, £23,921 in last 3 years, £22,441 in last 4 years and £20,459 in last 5 years.
Currently average asking price of a property in West Street, Strood, Rochester, ME2 is around £294,869 based on approximately 2 properties for sale. Same is the case with rental options based on 44 properties up for rent, average asking rent is around £1,638 per month.
Estimated property value in West Street, Strood, Rochester, ME2 is £157,575. Average asking price is £294,869 while average price paid is £143,750 which is up by £12,319 and Avg. asking rent £1,638.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 Street, Strood, Rochester, ME2 area. In last 1 year alone average price buyer paid is around £143,750 based on approximately 2 sales in West Street, Strood, Rochester, ME2 area alone. If you compare it to last 3 years sales of 5 properties where buyers paid around £124,500. 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 £123,416 for 6 and average amount paid for purchase of approx. 10 properties sold in last 7 years comes to about £125,300 per sale.