Values have been changing and have risen £935 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £2,294 in last 6 months, £12,231 in last 1 year, £20,467 in last 2 years, £24,319 in last 3 years, £22,812 in last 4 years and £22,291 in last 5 years.
Currently average asking price of a property in Sedley Close, Gillingham, ME8 is around £285,087 based on approximately 3 properties for sale. Same is the case with rental options based on 51 properties up for rent, average asking rent is around £2,001 per month.
Estimated property value in Sedley Close, Gillingham, ME8 is £161,974. Average asking price is £285,087 while average price paid is £150,650 which is up by £12,231 and Avg. asking rent £2,001.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 Sedley Close, Gillingham, ME8 area. In last 1 year alone average price buyer paid is around £150,650 based on approximately 3 sales in Sedley Close, Gillingham, ME8 area alone. If you compare it to last 3 years sales of 8 properties where buyers paid around £133,493. 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 £121,673 for 17 and average amount paid for purchase of approx. 21 properties sold in last 7 years comes to about £126,949 per sale.