Average Price for property in Gillingham is around £210,596 which varies based on type of property you are interested in and ranges from £361,478 for detached house to around £229,284 for semi-detached. Similarly terraced house is around £169,166 and a flat is worth £120,729. Values have been changing and have risen £1,378 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £2,177 in last 6 months, £17,604 in last 1 year, £27,809 in last 2 years, £32,358 in last 3 years, £31,464 in last 4 years and £30,913 in last 5 years.
Currently average asking price of a property in Gillingham is around £313,843 based on approximately 1,262 properties for sale. Same is the case with rental options based on 803 properties up for rent, average asking rent is around £1,548 per month.
Estimated property value in Gillingham is £210,596. Average asking price is £313,843 while average price paid is £184,702 which is up by £17,604 and Avg. asking rent £1,548.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 Gillingham area. In last 1 year alone average price buyer paid is around £184,702 based on approximately 1,262 sales in Gillingham area alone. If you compare it to last 3 years sales of 3,771 properties where buyers paid around £178,983. 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 £174,870 for 5,874 and average amount paid for purchase of approx. 7,998 properties sold in last 7 years comes to about £172,836 per sale.