Average Price for property in Long Lane, Grays, RM16 is around £299,238 which varies based on type of property you are interested in and ranges from £421,149 for detached house to around £288,779 for semi-detached. Similarly terraced house is around £255,896 and a flat is worth £165,349. Values have been changing and have risen £2,955 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £9,713 in last 6 months, £25,481 in last 1 year, £51,348 in last 2 years, £48,132 in last 3 years, £49,723 in last 4 years and £53,284 in last 5 years.
Currently average asking price of a property in Long Lane, Grays, RM16 is around £334,508 based on approximately 16 properties for sale. Same is the case with rental options based on 19 properties up for rent, average asking rent is around £991 per month.
Estimated property value in Long Lane, Grays, RM16 is £299,238. Average asking price is £334,508 while average price paid is £286,515 which is up by £25,481 and Avg. asking rent £991.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 Long Lane, Grays, RM16 area. In last 1 year alone average price buyer paid is around £286,515 based on approximately 16 sales in Long Lane, Grays, RM16 area alone. If you compare it to last 3 years sales of 29 properties where buyers paid around £258,025. 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 £248,283 for 45 and average amount paid for purchase of approx. 60 properties sold in last 7 years comes to about £243,558 per sale.