Average Price for property in Pier Road, Gillingham, ME7 is around £217,485 which varies based on type of property you are interested in and ranges from £167,936 for semi-detached to around £224,092 for a flat. Values have been changing and have risen £808 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £2,844 in last 6 months, £17,837 in last 1 year, £27,755 in last 2 years, £33,517 in last 3 years, £30,317 in last 4 years and £29,826 in last 5 years.
Currently average asking price of a property in Pier Road, Gillingham, ME7 is around £219,595 based on approximately 4 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 Pier Road, Gillingham, ME7 is £217,485. Average asking price is £219,595 while average price paid is £322,125 which is up by £17,837 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 Pier Road, Gillingham, ME7 area. In last 1 year alone average price buyer paid is around £322,125 based on approximately 4 sales in Pier Road, Gillingham, ME7 area alone. If you compare it to last 3 years sales of 7 properties where buyers paid around £296,942. 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 £271,121 for 9 and average amount paid for purchase of approx. 9 properties sold in last 7 years comes to about £271,121 per sale.