Average Price for property in Meadow Road, Grays, RM16 is around £298,909 which varies based on type of property you are interested in and ranges from £367,525 for detached house to around £296,236 for semi-detached. Similarly terraced house is around £249,532. Values have been changing and have risen £2,917 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £9,588 in last 6 months, £25,153 in last 1 year, £50,688 in last 2 years, £47,513 in last 3 years, £49,084 in last 4 years and £52,598 in last 5 years.
Currently average asking price of a property in Meadow Road, Grays, RM16 is around £334,508 based on approximately 5 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 Meadow Road, Grays, RM16 is £298,909. Average asking price is £334,508 while average price paid is £225,100 which is up by £25,153 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 Meadow Road, Grays, RM16 area. In last 1 year alone average price buyer paid is around £225,100 based on approximately 5 sales in Meadow Road, Grays, RM16 area alone. If you compare it to last 3 years sales of 15 properties where buyers paid around £224,909. 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 £233,207 for 20 and average amount paid for purchase of approx. 22 properties sold in last 7 years comes to about £230,491 per sale.