Average Price for property in Rainbow Road, Canvey Island, SS8 is around £246,625 which varies based on type of property you are interested in and ranges from £253,469 for detached house to around £226,762 for semi-detached. Similarly terraced house is around £186,523. Values have been changing and have risen £2,569 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £6,285 in last 6 months, £22,769 in last 1 year, £34,920 in last 2 years, £34,866 in last 3 years, £34,872 in last 4 years and £39,481 in last 5 years.
Currently average asking price of a property in Rainbow Road, Canvey Island, SS8 is around £252,772 based on approximately 5 properties for sale. Same is the case with rental options based on 16 properties up for rent, average asking rent is around £1,095 per month.
Estimated property value in Rainbow Road, Canvey Island, SS8 is £246,625. Average asking price is £252,772 while average price paid is £283,299 which is up by £22,769 and Avg. asking rent £1,095.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 Rainbow Road, Canvey Island, SS8 area. In last 1 year alone average price buyer paid is around £283,299 based on approximately 5 sales in Rainbow Road, Canvey Island, SS8 area alone. If you compare it to last 3 years sales of 10 properties where buyers paid around £233,499. 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 £224,920 for 19 and average amount paid for purchase of approx. 25 properties sold in last 7 years comes to about £210,079 per sale.