Average Price for property in Rainham is around £258,496 which varies based on type of property you are interested in and ranges from £345,112 for detached house to around £273,983 for semi-detached. Similarly terraced house is around £244,125 and a flat is worth £163,535. Values have been changing and have risen £2,595 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £6,683 in last 6 months, £27,994 in last 1 year, £42,064 in last 2 years, £48,112 in last 3 years, £44,576 in last 4 years and £43,957 in last 5 years.
Currently average asking price of a property in Rainham is around £281,607 based on approximately 400 properties for sale. Same is the case with rental options based on 37 properties up for rent, average asking rent is around £2,900 per month.
Estimated property value in Rainham is £258,496. Average asking price is £281,607 while average price paid is £237,784 which is up by £27,994 and Avg. asking rent £2,900.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 Rainham area. In last 1 year alone average price buyer paid is around £237,784 based on approximately 400 sales in Rainham area alone. If you compare it to last 3 years sales of 1,012 properties where buyers paid around £216,809. 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 £209,681 for 1,534 and average amount paid for purchase of approx. 2,030 properties sold in last 7 years comes to about £208,394 per sale.