Average Price for property in Rayleigh is around £295,972 which varies based on type of property you are interested in and ranges from £391,400 for detached house to around £260,429 for semi-detached. Similarly terraced house is around £234,620 and a flat is worth £170,788. Values have been changing and have risen £4,031 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £12,857 in last 6 months, £25,863 in last 1 year, £36,546 in last 2 years, £41,382 in last 3 years, £37,274 in last 4 years and £49,267 in last 5 years.
Currently average asking price of a property in Rayleigh is around £335,557 based on approximately 505 properties for sale. Same is the case with rental options based on 19 properties up for rent, average asking rent is around £1,162 per month.
Estimated property value in Rayleigh is £295,972. Average asking price is £335,557 while average price paid is £261,095 which is up by £25,863 and Avg. asking rent £1,162.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 Rayleigh area. In last 1 year alone average price buyer paid is around £261,095 based on approximately 505 sales in Rayleigh area alone. If you compare it to last 3 years sales of 1,502 properties where buyers paid around £249,709. 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 £247,515 for 2,455 and average amount paid for purchase of approx. 3,266 properties sold in last 7 years comes to about £244,133 per sale.