Average Price for property in May Road, Gillingham, ME7 is around £151,210 which varies based on type of property you are interested in and ranges from £148,544 for semi-detached to around £151,333 for terraced house. Values have been changing and have risen £547 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £1,924 in last 6 months, £12,060 in last 1 year, £18,763 in last 2 years, £22,659 in last 3 years, £20,499 in last 4 years and £20,170 in last 5 years.
Currently average asking price of a property in May Road, Gillingham, ME7 is around £219,595 based on approximately 3 properties for sale. Same is the case with rental options based on 78 properties up for rent, average asking rent is around £730 per month.
Estimated property value in May Road, Gillingham, ME7 is £151,210. Average asking price is £219,595 while average price paid is £128,330 which is up by £12,060 and Avg. asking rent £730.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 May Road, Gillingham, ME7 area. In last 1 year alone average price buyer paid is around £128,330 based on approximately 3 sales in May Road, Gillingham, ME7 area alone. If you compare it to last 3 years sales of 5 properties where buyers paid around £118,598. 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 £119,587 for 13 and average amount paid for purchase of approx. 16 properties sold in last 7 years comes to about £120,702 per sale.