Average Price for property in Elm Road, Grays, RM17 is around £170,738 which varies based on type of property you are interested in and ranges from £175,646 for terraced house to around £135,565 for a flat. Values have been changing and have risen £1,231 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £4,278 in last 6 months, £13,441 in last 1 year, £27,339 in last 2 years, £27,665 in last 3 years, £28,801 in last 4 years and £28,392 in last 5 years.
Currently average asking price of a property in Elm Road, Grays, RM17 is around £222,522 based on approximately 7 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 Elm Road, Grays, RM17 is £170,738. Average asking price is £222,522 while average price paid is £151,857 which is up by £13,441 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 Elm Road, Grays, RM17 area. In last 1 year alone average price buyer paid is around £151,857 based on approximately 7 sales in Elm Road, Grays, RM17 area alone. If you compare it to last 3 years sales of 10 properties where buyers paid around £145,500. 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 £145,000 for 11 and average amount paid for purchase of approx. 15 properties sold in last 7 years comes to about £140,714 per sale.