Values have been changing and have risen £967 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £3,148 in last 6 months, £8,771 in last 1 year, £17,223 in last 2 years, £16,653 in last 3 years, £17,727 in last 4 years and £17,182 in last 5 years.
Currently average asking price of a property in Porter Close, Grays, RM20 is around £262,981 based on approximately 5 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 Porter Close, Grays, RM20 is £100,895. Average asking price is £262,981 while average price paid is £70,520 which is up by £8,771 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 Porter Close, Grays, RM20 area. In last 1 year alone average price buyer paid is around £70,520 based on approximately 5 sales in Porter Close, Grays, RM20 area alone. If you compare it to last 3 years sales of 9 properties where buyers paid around £75,732. 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 £75,144 for 11 and average amount paid for purchase of approx. 19 properties sold in last 7 years comes to about £85,610 per sale.