Average Price for property in Chestnut Avenue, Grays, RM16 is around £407,601 which varies based on type of property you are interested in and ranges from £453,020 for detached house to around £365,428 for semi-detached. Values have been changing and have risen £3,855 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £12,675 in last 6 months, £33,251 in last 1 year, £67,007 in last 2 years, £62,808 in last 3 years, £64,883 in last 4 years and £69,529 in last 5 years.
Currently average asking price of a property in Chestnut Avenue, Grays, RM16 is around £334,508 based on approximately 6 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 Chestnut Avenue, Grays, RM16 is £407,601. Average asking price is £334,508 while average price paid is £402,082 which is up by £33,251 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 Chestnut Avenue, Grays, RM16 area. In last 1 year alone average price buyer paid is around £402,082 based on approximately 6 sales in Chestnut Avenue, Grays, RM16 area alone. If you compare it to last 3 years sales of 11 properties where buyers paid around £359,676. 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 £350,402 for 16 and average amount paid for purchase of approx. 22 properties sold in last 7 years comes to about £349,883 per sale.