Values have been changing and have risen £2,285 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £7,215 in last 6 months, £22,595 in last 1 year, £42,329 in last 2 years, £43,131 in last 3 years, £44,575 in last 4 years and £42,604 in last 5 years.
Currently average asking price of a property in New Zealand Way, Rainham, RM13 is around £280,388 based on approximately 3 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 Zealand Way, Rainham, RM13 is £233,253. Average asking price is £280,388 while average price paid is £204,000 which is up by £22,595 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 Zealand Way, Rainham, RM13 area. In last 1 year alone average price buyer paid is around £204,000 based on approximately 3 sales in New Zealand Way, Rainham, RM13 area alone. If you compare it to last 3 years sales of 4 properties where buyers paid around £190,125. 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 £190,937 for 8 and average amount paid for purchase of approx. 14 properties sold in last 7 years comes to about £186,250 per sale.