Average Price for property in Cedar Road, Grays, RM16 is around £246,308 which varies based on type of property you are interested in and ranges from £341,366 for detached house to around £275,407 for semi-detached. Similarly terraced house is around £207,860. Values have been changing and have risen £2,419 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £7,951 in last 6 months, £20,857 in last 1 year, £42,029 in last 2 years, £39,398 in last 3 years, £40,701 in last 4 years and £43,617 in last 5 years.
Currently average asking price of a property in Cedar Road, Grays, RM16 is around £334,508 based on approximately 1 properties for sale. Same is the case with rental options based on 19 properties up for rent, average asking rent is around £991 per month.
Estimated property value in Cedar Road, Grays, RM16 is £246,308. Average asking price is £334,508 while average price paid is £205,000 which is up by £20,857 and Avg. asking rent £991.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 Cedar Road, Grays, RM16 area. In last 1 year alone average price buyer paid is around £205,000 based on approximately 1 sales in Cedar Road, Grays, RM16 area alone. If you compare it to last 3 years sales of 6 properties where buyers paid around £210,833. 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 £201,071 for 7 and average amount paid for purchase of approx. 9 properties sold in last 7 years comes to about £195,832 per sale.