Average Price for property in Gillingham is around £257,575 which varies based on type of property you are interested in and ranges from £348,372 for detached house to around £209,897 for semi-detached. Similarly terraced house is around £179,101 and a flat is worth £129,657. Values have been changing and have risen £2,276 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £8,502 in last 6 months, £14,441 in last 1 year, £27,913 in last 2 years, £39,245 in last 3 years, £24,300 in last 4 years and £28,153 in last 5 years.
Currently average asking price of a property in Gillingham is around £330,915 based on approximately 285 properties for sale. Same is the case with rental options based on 357 properties up for rent, average asking rent is around £1,022 per month.
Estimated property value in Gillingham is £257,575. Average asking price is £330,915 while average price paid is £213,321 which is up by £14,441 and Avg. asking rent £1,022.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 Gillingham area. In last 1 year alone average price buyer paid is around £213,321 based on approximately 285 sales in Gillingham area alone. If you compare it to last 3 years sales of 746 properties where buyers paid around £208,070. 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 £208,926 for 1,205 and average amount paid for purchase of approx. 1,627 properties sold in last 7 years comes to about £206,069 per sale.