Values have been changing and have risen £1,659 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £4,967 in last 6 months, £13,122 in last 1 year, £24,484 in last 2 years, £26,252 in last 3 years, £26,497 in last 4 years and £26,707 in last 5 years.
Currently average asking price of a property in Burns Place, Tilbury, RM18 is around £209,635 based on approximately 3 properties for sale. Same is the case with rental options based on 23 properties up for rent, average asking rent is around £1,993 per month.
Estimated property value in Burns Place, Tilbury, RM18 is £137,680. Average asking price is £209,635 while average price paid is £152,333 which is up by £13,122 and Avg. asking rent £1,993.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 Burns Place, Tilbury, RM18 area. In last 1 year alone average price buyer paid is around £152,333 based on approximately 3 sales in Burns Place, Tilbury, RM18 area alone. If you compare it to last 3 years sales of 8 properties where buyers paid around £129,250. 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 £123,730 for 13 and average amount paid for purchase of approx. 16 properties sold in last 7 years comes to about £119,718 per sale.