Average Price for property in Melville Road, Rainham, RM13 is around £208,530 which varies based on type of property you are interested in and ranges from £248,561 for detached house to around £230,466 for semi-detached. Similarly terraced house is around £197,795 and a flat is worth £178,833. Values have been changing and have risen £2,045 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £6,457 in last 6 months, £20,221 in last 1 year, £37,883 in last 2 years, £38,599 in last 3 years, £39,892 in last 4 years and £38,130 in last 5 years.
Currently average asking price of a property in Melville Road, Rainham, RM13 is around £280,388 based on approximately 5 properties for sale. Same is the case with rental options based on 37 properties up for rent, average asking rent is around £2,900 per month.
Estimated property value in Melville Road, Rainham, RM13 is £208,530. Average asking price is £280,388 while average price paid is £207,200 which is up by £20,221 and Avg. asking rent £2,900.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 Melville Road, Rainham, RM13 area. In last 1 year alone average price buyer paid is around £207,200 based on approximately 5 sales in Melville Road, Rainham, RM13 area alone. If you compare it to last 3 years sales of 14 properties where buyers paid around £182,714. 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 £181,105 for 19 and average amount paid for purchase of approx. 20 properties sold in last 7 years comes to about £181,400 per sale.