Hernhill, Faversham, ME13

Street Guide For Hernhill, Faversham, ME13

 

Hernhill, Faversham, ME13 Map

Estimated Price: £295,357
Average Asking Price: £389,560
Price change in last one year: £22,864
Average Price Paid: £105,833
Average Rent Rates: £825

 

Property Prices Breakdown in Hernhill, Faversham, ME13

Average Price for property in Hernhill, Faversham, ME13 is around £295,357 which varies based on type of property you are interested in and ranges from £476,170 for detached house to around £265,077 for semi-detached. Similarly terraced house is around £235,659. Values have been changing and have risen £1,640 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £4,813 in last 6 months, £22,864 in last 1 year, £37,712 in last 2 years, £47,763 in last 3 years, £45,918 in last 4 years and £42,424 in last 5 years.

Currently average asking price of a property in Hernhill, Faversham, ME13 is around £389,560 based on approximately 0 properties for sale. Same is the case with rental options based on 32 properties up for rent, average asking rent is around £825 per month.

Estimated property value in Hernhill, Faversham, ME13 is £295,357. Average asking price is £389,560 while average price paid is £105,833 which is up by £47,763 and Avg. asking rent £825.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 Hernhill, Faversham, ME13 area. In last 3 years alone average price buyer paid is around £105,833 based on approximately 1 sales in Hernhill, Faversham, ME13 area alone. If you compare it to last 5 years sales of 1 properties where buyers paid around £105,833. 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 £105,833 for 1 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 £144,983, £199,905 for a 2 bedroom house, £321,136 for a 3 bedroom house, £511,796 for a 4 bedroom house and £459,500 for a 5 bedroom house. For a flat similarly the prices varies from £123,742 for a single bedroom to £224,982 for a 2 bedroom Flat. Same is the case with 3 bedroom flat £375,000. To sum up the asking prices for properties in Hernhill, Faversham, ME13 it comes to around average £129,535 for 1 bedroom property, £204,330 for 2 bedroom, £322,333 for 3 bedroom, £511,796 for 4 bedroom and £459,500 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 £762 for 2 bedroom, £936 for 3 bedroom and £1,499 for 4 bedroom. But if you are interested in renting a 2 bedroom flat then rent per month can be around £705. You should be generally be expecting around average £693 rent per month for single bedroom property, £746 for 2 bedroom, £936 for 3 bedroom and approximately £1,499 for 4 bedroom property in Hernhill, Faversham, ME13 area.

Popular Houses in Hernhill, Faversham, ME13

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 Hernhill, Faversham, ME13