Average Price for property in Ferndale Road, Gillingham, ME7 is around £163,435 which varies based on type of property you are interested in and ranges from £176,640 for semi-detached to around £161,912 for terraced house. Values have been changing and have risen £641 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £2,255 in last 6 months, £14,130 in last 1 year, £21,986 in last 2 years, £26,552 in last 3 years, £24,021 in last 4 years and £23,633 in last 5 years.
Currently average asking price of a property in Ferndale Road, Gillingham, ME7 is around £219,595 based on approximately 6 properties for sale. Same is the case with rental options based on 78 properties up for rent, average asking rent is around £730 per month.
Estimated property value in Ferndale Road, Gillingham, ME7 is £163,435. Average asking price is £219,595 while average price paid is £150,666 which is up by £14,130 and Avg. asking rent £730.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 Ferndale Road, Gillingham, ME7 area. In last 1 year alone average price buyer paid is around £150,666 based on approximately 6 sales in Ferndale Road, Gillingham, ME7 area alone. If you compare it to last 3 years sales of 6 properties where buyers paid around £150,666. 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 £146,222 for 9 and average amount paid for purchase of approx. 14 properties sold in last 7 years comes to about £141,500 per sale.