Average Price for property in Spencer Road, Rainham, RM13 is around £273,375 which varies based on type of property you are interested in and ranges from £320,941 for detached house to around £246,956 for semi-detached. Similarly terraced house is around £305,042 and a flat is worth £136,007. Values have been changing and have risen £2,544 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £8,035 in last 6 months, £25,167 in last 1 year, £47,150 in last 2 years, £48,041 in last 3 years, £49,647 in last 4 years and £47,451 in last 5 years.
Currently average asking price of a property in Spencer Road, Rainham, RM13 is around £280,388 based on approximately 3 properties for sale. Same is the case with rental options based on 37 properties up for rent, average asking rent is around £2,900 per month.
Estimated property value in Spencer Road, Rainham, RM13 is £273,375. Average asking price is £280,388 while average price paid is £331,000 which is up by £25,167 and Avg. asking rent £2,900.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 Spencer Road, Rainham, RM13 area. In last 1 year alone average price buyer paid is around £331,000 based on approximately 3 sales in Spencer Road, Rainham, RM13 area alone. If you compare it to last 3 years sales of 4 properties where buyers paid around £299,500. 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 £247,994 for 9 and average amount paid for purchase of approx. 14 properties sold in last 7 years comes to about £232,781 per sale.