Values have been changing and have risen £548 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £1,930 in last 6 months, £12,101 in last 1 year, £18,830 in last 2 years, £22,741 in last 3 years, £20,573 in last 4 years and £20,244 in last 5 years.
Currently average asking price of a property in Milburn 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 Milburn Road, Gillingham, ME7 is £141,326. Average asking price is £219,595 while average price paid is £146,386 which is up by £12,101 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 Milburn Road, Gillingham, ME7 area. In last 1 year alone average price buyer paid is around £146,386 based on approximately 3 sales in Milburn Road, Gillingham, ME7 area alone. If you compare it to last 3 years sales of 5 properties where buyers paid around £136,452. 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 £119,569 for 11 and average amount paid for purchase of approx. 12 properties sold in last 7 years comes to about £121,480 per sale.