Average Price for property in Smith Road, Chatham, ME5 is around £194,646 which varies based on type of property you are interested in and ranges from £226,635 for detached house to around £216,564 for semi-detached. Similarly terraced house is around £240,349 and a flat is worth £139,840. Values have been changing and have risen £1,143 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £4,036 in last 6 months, £16,645 in last 1 year, £25,046 in last 2 years, £30,905 in last 3 years, £28,310 in last 4 years and £27,896 in last 5 years.
Currently average asking price of a property in Smith Road, Chatham, ME5 is around £256,784 based on approximately 1 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 Smith Road, Chatham, ME5 is £194,646. Average asking price is £256,784 while average price paid is £130,000 which is up by £16,645 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 Smith Road, Chatham, ME5 area. In last 1 year alone average price buyer paid is around £130,000 based on approximately 1 sales in Smith Road, Chatham, ME5 area alone. If you compare it to last 3 years sales of 5 properties where buyers paid around £157,600. 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 £148,642 for 7 and average amount paid for purchase of approx. 12 properties sold in last 7 years comes to about £144,541 per sale.