Values have been changing and have risen £1,087 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £3,782 in last 6 months, £11,886 in last 1 year, £24,176 in last 2 years, £24,466 in last 3 years, £25,470 in last 4 years and £25,108 in last 5 years.
Currently average asking price of a property in Gipsy Lane, Grays, RM17 is around £222,522 based on approximately 0 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 Gipsy Lane, Grays, RM17 is £148,631. Average asking price is £222,522 while average price paid is £91,666 which is up by £24,466 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 Gipsy Lane, Grays, RM17 area. In last 3 years alone average price buyer paid is around £91,666 based on approximately 3 sales in Gipsy Lane, Grays, RM17 area alone. If you compare it to last 5 years sales of 4 properties where buyers paid around £93,748. It has been same for some time now for e.g. if you take an average of amount paid in last 7 years, it comes to around £116,999 for 5 per sale.