Average Price for property in New Road, Rainham, RM13 is around £219,172 which varies based on type of property you are interested in and ranges from £339,430 for detached house to around £236,480 for semi-detached. Similarly terraced house is around £197,803 and a flat is worth £200,400. Values have been changing and have risen £2,121 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £6,698 in last 6 months, £20,977 in last 1 year, £39,301 in last 2 years, £40,045 in last 3 years, £41,384 in last 4 years and £39,555 in last 5 years.
Currently average asking price of a property in New Road, Rainham, RM13 is around £280,388 based on approximately 1 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 New Road, Rainham, RM13 is £219,172. Average asking price is £280,388 while average price paid is £115,000 which is up by £20,977 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 New Road, Rainham, RM13 area. In last 1 year alone average price buyer paid is around £115,000 based on approximately 1 sales in New Road, Rainham, RM13 area alone. If you compare it to last 3 years sales of 3 properties where buyers paid around £143,333. 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 £160,178 for 7 and average amount paid for purchase of approx. 16 properties sold in last 7 years comes to about £180,577 per sale.