Values have been changing and have risen £1,067 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £3,711 in last 6 months, £11,663 in last 1 year, £23,722 in last 2 years, £24,007 in last 3 years, £24,993 in last 4 years and £24,639 in last 5 years.
Currently average asking price of a property in Dukes Avenue, Grays, RM17 is around £222,522 based on approximately 4 properties for sale. Same is the case with rental options based on 21 properties up for rent, average asking rent is around £895 per month.
Estimated property value in Dukes Avenue, Grays, RM17 is £148,431. Average asking price is £222,522 while average price paid is £153,875 which is up by £11,663 and Avg. asking rent £895.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 Dukes Avenue, Grays, RM17 area. In last 1 year alone average price buyer paid is around £153,875 based on approximately 4 sales in Dukes Avenue, Grays, RM17 area alone. If you compare it to last 3 years sales of 8 properties where buyers paid around £130,437. 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 £117,207 for 12 and average amount paid for purchase of approx. 14 properties sold in last 7 years comes to about £115,392 per sale.