Average Price for property in Penshurst Close, Rainham, Gillingham, ME8 is around £265,315 which varies based on type of property you are interested in and ranges from £344,306 for detached house to around £245,216 for semi-detached. Similarly terraced house is around £297,577. Values have been changing and have risen £1,557 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £3,821 in last 6 months, £20,367 in last 1 year, £34,083 in last 2 years, £40,495 in last 3 years, £37,981 in last 4 years and £37,111 in last 5 years.
Currently average asking price of a property in Penshurst Close, Rainham, Gillingham, ME8 is around £285,087 based on approximately 2 properties for sale. Same is the case with rental options based on 51 properties up for rent, average asking rent is around £2,001 per month.
Estimated property value in Penshurst Close, Rainham, Gillingham, ME8 is £265,315. Average asking price is £285,087 while average price paid is £319,975 which is up by £20,367 and Avg. asking rent £2,001.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 Penshurst Close, Rainham, Gillingham, ME8 area. In last 1 year alone average price buyer paid is around £319,975 based on approximately 2 sales in Penshurst Close, Rainham, Gillingham, ME8 area alone. If you compare it to last 3 years sales of 3 properties where buyers paid around £329,983. 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 £297,487 for 4 and average amount paid for purchase of approx. 6 properties sold in last 7 years comes to about £261,491 per sale.