Values have been changing and have risen £894 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £2,194 in last 6 months, £11,697 in last 1 year, £19,573 in last 2 years, £23,257 in last 3 years, £21,816 in last 4 years and £21,319 in last 5 years.
Currently average asking price of a property in Derwent Way, Rainham, Gillingham, ME8 is around £285,087 based on approximately 0 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 Derwent Way, Rainham, Gillingham, ME8 is £144,407. Average asking price is £285,087 while average price paid is £135,000 which is up by £21,319 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 Derwent Way, Rainham, Gillingham, ME8 area. In last 5 years alone average price buyer paid is around £135,000 based on approximately 2 sales in Derwent Way, Rainham, Gillingham, ME8 area alone. If you compare it to last 7 years sales of 2 properties where buyers paid around £135,000.