Average Price for property in Ocean Drive, Gillingham, ME7 is around £183,925 e.g. average price for a flat is around 183,925. Values have been changing and have risen £672 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £2,366 in last 6 months, £14,839 in last 1 year, £23,090 in last 2 years, £27,883 in last 3 years, £25,223 in last 4 years and £24,817 in last 5 years.
Currently average asking price of a property in Ocean Drive, Gillingham, ME7 is around £219,595 based on approximately 7 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 Ocean Drive, Gillingham, ME7 is £183,925. Average asking price is £219,595 while average price paid is £119,499 which is up by £14,839 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 Ocean Drive, Gillingham, ME7 area. In last 1 year alone average price buyer paid is around £119,499 based on approximately 7 sales in Ocean Drive, Gillingham, ME7 area alone. If you compare it to last 3 years sales of 41 properties where buyers paid around £142,352. 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 £140,688 for 75 and average amount paid for purchase of approx. 75 properties sold in last 7 years comes to about £140,688 per sale.