Average Price for property in Balmer Close, Rainham, Gillingham, ME8 is around £266,507 e.g. average price for semi-detached is around 266,507. Values have been changing and have risen £1,635 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £4,013 in last 6 months, £21,393 in last 1 year, £35,798 in last 2 years, £42,532 in last 3 years, £39,893 in last 4 years and £38,978 in last 5 years.
Currently average asking price of a property in Balmer Close, Rainham, Gillingham, ME8 is around £285,087 based on approximately 1 properties for sale. Same is the case with rental options based on 51 properties up for rent, average asking rent is around £2,001 per month.
Estimated property value in Balmer Close, Rainham, Gillingham, ME8 is £266,507. Average asking price is £285,087 while average price paid is £247,000 which is up by £21,393 and Avg. asking rent £2,001.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 Balmer Close, Rainham, Gillingham, ME8 area. In last 1 year alone average price buyer paid is around £247,000 based on approximately 1 sales in Balmer Close, Rainham, Gillingham, ME8 area alone. If you compare it to last 3 years sales of 2 properties where buyers paid around £244,250. 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 £244,250 for 2 and average amount paid for purchase of approx. 4 properties sold in last 7 years comes to about £241,375 per sale.