Average Price for property in Fairway, Grays, RM16 is around £273,412 which varies based on type of property you are interested in and ranges from £303,147 for detached house to around £293,166 for semi-detached. Similarly terraced house is around £237,827. Values have been changing and have risen £2,724 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £8,953 in last 6 months, £23,486 in last 1 year, £47,326 in last 2 years, £44,364 in last 3 years, £45,830 in last 4 years and £49,111 in last 5 years.
Currently average asking price of a property in Fairway, Grays, RM16 is around £334,508 based on approximately 4 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 Fairway, Grays, RM16 is £273,412. Average asking price is £334,508 while average price paid is £236,250 which is up by £23,486 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 Fairway, Grays, RM16 area. In last 1 year alone average price buyer paid is around £236,250 based on approximately 4 sales in Fairway, Grays, RM16 area alone. If you compare it to last 3 years sales of 10 properties where buyers paid around £212,400. 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 £215,817 for 11 and average amount paid for purchase of approx. 17 properties sold in last 7 years comes to about £221,911 per sale.