Average Price for property in New Road, Gillingham, SP8 is around £202,089 which varies based on type of property you are interested in and ranges from £439,672 for detached house to around £204,149 for semi-detached. Similarly terraced house is around £170,073. Values have been changing and have risen £1,869 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £4,995 in last 6 months, £13,088 in last 1 year, £23,188 in last 2 years, £24,330 in last 3 years, £15,767 in last 4 years and £20,050 in last 5 years.
Currently average asking price of a property in New Road, Gillingham, SP8 is around £272,076 based on approximately 1 properties for sale. Same is the case with rental options based on 32 properties up for rent, average asking rent is around £599 per month.
Estimated property value in New Road, Gillingham, SP8 is £202,089. Average asking price is £272,076 while average price paid is £217,000 which is up by £13,088 and Avg. asking rent £599.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 New Road, Gillingham, SP8 area. In last 1 year alone average price buyer paid is around £217,000 based on approximately 1 sales in New Road, Gillingham, SP8 area alone. If you compare it to last 3 years sales of 5 properties where buyers paid around £156,500. 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 £152,916 for 6 and average amount paid for purchase of approx. 9 properties sold in last 7 years comes to about £155,166 per sale.