Average Price for property in Herne Road, Gillingham, ME8 is around £169,673 which varies based on type of property you are interested in and ranges from £169,516 for semi-detached to around £169,990 for terraced house. Values have been changing and have risen £1,022 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £2,509 in last 6 months, £13,375 in last 1 year, £22,384 in last 2 years, £26,596 in last 3 years, £24,948 in last 4 years and £24,378 in last 5 years.
Currently average asking price of a property in Herne Road, Gillingham, ME8 is around £285,087 based on approximately 1 properties for sale. Same is the case with rental options based on 51 properties up for rent, average asking rent is around £2,001 per month.
Estimated property value in Herne Road, Gillingham, ME8 is £169,673. Average asking price is £285,087 while average price paid is £155,000 which is up by £13,375 and Avg. asking rent £2,001.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 Herne Road, Gillingham, ME8 area. In last 1 year alone average price buyer paid is around £155,000 based on approximately 1 sales in Herne Road, Gillingham, ME8 area alone. If you compare it to last 3 years sales of 2 properties where buyers paid around £142,500. 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 £142,500 for 2 and average amount paid for purchase of approx. 2 properties sold in last 7 years comes to about £142,500 per sale.