Average Price for property in Palmerston Road, Grays, RM20 is around £199,490 which varies based on type of property you are interested in and ranges from £204,610 for detached house to around £216,631 for semi-detached. Similarly terraced house is around £196,247. Values have been changing and have risen £1,959 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £6,381 in last 6 months, £17,785 in last 1 year, £34,928 in last 2 years, £33,763 in last 3 years, £35,938 in last 4 years and £34,823 in last 5 years.
Currently average asking price of a property in Palmerston Road, Grays, RM20 is around £262,981 based on approximately 6 properties for sale. Same is the case with rental options based on 21 properties up for rent, average asking rent is around £3,628 per month.
Estimated property value in Palmerston Road, Grays, RM20 is £199,490. Average asking price is £262,981 while average price paid is £168,833 which is up by £17,785 and Avg. asking rent £3,628.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 Palmerston Road, Grays, RM20 area. In last 1 year alone average price buyer paid is around £168,833 based on approximately 6 sales in Palmerston Road, Grays, RM20 area alone. If you compare it to last 3 years sales of 15 properties where buyers paid around £163,100. 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 £159,023 for 21 and average amount paid for purchase of approx. 27 properties sold in last 7 years comes to about £157,462 per sale.