Average Price for property in Sorrel Way, Gillingham, SP8 is around £284,461 which varies based on type of property you are interested in and ranges from £284,610 for detached house to around £275,324 for semi-detached. Similarly terraced house is around £284,727. Values have been changing and have risen £2,630 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £7,029 in last 6 months, £18,419 in last 1 year, £32,631 in last 2 years, £34,234 in last 3 years, £22,179 in last 4 years and £28,203 in last 5 years.
Currently average asking price of a property in Sorrel Way, Gillingham, SP8 is around £272,076 based on approximately 2 properties for sale. Same is the case with rental options based on 32 properties up for rent, average asking rent is around £599 per month.
Estimated property value in Sorrel Way, Gillingham, SP8 is £284,461. Average asking price is £272,076 while average price paid is £228,000 which is up by £18,419 and Avg. asking rent £599.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 Sorrel Way, Gillingham, SP8 area. In last 1 year alone average price buyer paid is around £228,000 based on approximately 2 sales in Sorrel Way, Gillingham, SP8 area alone. If you compare it to last 3 years sales of 7 properties where buyers paid around £224,642. 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 £228,181 for 11 and average amount paid for purchase of approx. 15 properties sold in last 7 years comes to about £228,766 per sale.