Average Price for property in Meresborough Road, Rainham, Gillingham, ME8 is around £201,117 which varies based on type of property you are interested in and ranges from £584,017 for detached house to around £207,494 for semi-detached. Similarly terraced house is around £177,056 and a flat is worth £120,509. Values have been changing and have risen £1,221 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £2,997 in last 6 months, £15,974 in last 1 year, £26,730 in last 2 years, £31,760 in last 3 years, £29,792 in last 4 years and £29,111 in last 5 years.
Currently average asking price of a property in Meresborough Road, Rainham, Gillingham, ME8 is around £285,087 based on approximately 3 properties for sale. Same is the case with rental options based on 51 properties up for rent, average asking rent is around £2,001 per month.
Estimated property value in Meresborough Road, Rainham, Gillingham, ME8 is £201,117. Average asking price is £285,087 while average price paid is £124,333 which is up by £15,974 and Avg. asking rent £2,001.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 Meresborough Road, Rainham, Gillingham, ME8 area. In last 1 year alone average price buyer paid is around £124,333 based on approximately 3 sales in Meresborough Road, Rainham, Gillingham, ME8 area alone. If you compare it to last 3 years sales of 5 properties where buyers paid around £128,600. 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 £137,571 for 7 and average amount paid for purchase of approx. 15 properties sold in last 7 years comes to about £194,866 per sale.