Values have been changing and have risen £2,141 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £7,403 in last 6 months, £15,416 in last 1 year, £23,199 in last 2 years, £28,002 in last 3 years, £27,955 in last 4 years and £29,569 in last 5 years.
Currently average asking price of a property in Royal Oak Terrace, Gravesend, DA12 is around £278,993 based on approximately 2 properties for sale. Same is the case with rental options based on 33 properties up for rent, average asking rent is around £1,068 per month.
Estimated property value in Royal Oak Terrace, Gravesend, DA12 is £182,585. Average asking price is £278,993 while average price paid is £161,000 which is up by £15,416 and Avg. asking rent £1,068.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 Royal Oak Terrace, Gravesend, DA12 area. In last 1 year alone average price buyer paid is around £161,000 based on approximately 2 sales in Royal Oak Terrace, Gravesend, DA12 area alone. If you compare it to last 3 years sales of 2 properties where buyers paid around £161,000. 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 £161,000 for 2 and average amount paid for purchase of approx. 4 properties sold in last 7 years comes to about £154,500 per sale.