Average Price for property in Longhouse Road, Grays, RM16 is around £212,592 which varies based on type of property you are interested in and ranges from £213,988 for semi-detached to around £212,018 for terraced house. Values have been changing and have risen £2,050 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £6,738 in last 6 months, £17,674 in last 1 year, £35,612 in last 2 years, £33,385 in last 3 years, £34,490 in last 4 years and £36,960 in last 5 years.
Currently average asking price of a property in Longhouse Road, Grays, RM16 is around £334,508 based on approximately 4 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 Longhouse Road, Grays, RM16 is £212,592. Average asking price is £334,508 while average price paid is £199,500 which is up by £17,674 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 Longhouse Road, Grays, RM16 area. In last 1 year alone average price buyer paid is around £199,500 based on approximately 4 sales in Longhouse Road, Grays, RM16 area alone. If you compare it to last 3 years sales of 6 properties where buyers paid around £196,333. 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 £176,443 for 9 and average amount paid for purchase of approx. 12 properties sold in last 7 years comes to about £175,416 per sale.