Average Price for property in Grays is around £240,470 which varies based on type of property you are interested in and ranges from £390,991 for detached house to around £265,596 for semi-detached. Similarly terraced house is around £206,131 and a flat is worth £151,975. Values have been changing and have risen £1,861 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £5,946 in last 6 months, £16,972 in last 1 year, £34,388 in last 2 years, £32,101 in last 3 years, £29,182 in last 4 years and £40,648 in last 5 years.
Currently average asking price of a property in Grays is around £288,879 based on approximately 1,045 properties for sale. Same is the case with rental options based on 60 properties up for rent, average asking rent is around £1,897 per month.
Estimated property value in Grays is £240,470. Average asking price is £288,879 while average price paid is £206,758 which is up by £16,972 and Avg. asking rent £1,897.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 Grays area. In last 1 year alone average price buyer paid is around £206,758 based on approximately 1,045 sales in Grays area alone. If you compare it to last 3 years sales of 3,030 properties where buyers paid around £195,124. 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 £193,343 for 4,727 and average amount paid for purchase of approx. 6,183 properties sold in last 7 years comes to about £192,532 per sale.