Values have been changing and have risen £458 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £1,609 in last 6 months, £10,088 in last 1 year, £15,699 in last 2 years, £18,960 in last 3 years, £17,155 in last 4 years and £16,880 in last 5 years.
Currently average asking price of a property in Merlin Way, Gillingham, ME7 is around £219,595 based on approximately 2 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 Merlin Way, Gillingham, ME7 is £126,853. Average asking price is £219,595 while average price paid is £46,875 which is up by £10,088 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 Merlin Way, Gillingham, ME7 area. In last 1 year alone average price buyer paid is around £46,875 based on approximately 2 sales in Merlin Way, Gillingham, ME7 area alone. If you compare it to last 3 years sales of 2 properties where buyers paid around £46,875. 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 £46,875 for 2 and average amount paid for purchase of approx. 2 properties sold in last 7 years comes to about £46,875 per sale.