Average Price for property in Richmond Road, Gillingham, ME7 is around £130,820 which varies based on type of property you are interested in and ranges from £144,825 for detached house to around £159,424 for semi-detached. Similarly terraced house is around £148,038 and a flat is worth £92,597. Values have been changing and have risen £487 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £1,711 in last 6 months, £10,725 in last 1 year, £16,690 in last 2 years, £20,159 in last 3 years, £18,237 in last 4 years and £17,944 in last 5 years.
Currently average asking price of a property in Richmond Road, Gillingham, ME7 is around £219,595 based on approximately 6 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 Richmond Road, Gillingham, ME7 is £130,820. Average asking price is £219,595 while average price paid is £112,833 which is up by £10,725 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 Richmond Road, Gillingham, ME7 area. In last 1 year alone average price buyer paid is around £112,833 based on approximately 6 sales in Richmond Road, Gillingham, ME7 area alone. If you compare it to last 3 years sales of 13 properties where buyers paid around £107,038. 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 £102,857 for 21 and average amount paid for purchase of approx. 32 properties sold in last 7 years comes to about £105,083 per sale.