Values have been changing and have risen £500 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £1,760 in last 6 months, £11,029 in last 1 year, £17,163 in last 2 years, £20,729 in last 3 years, £18,754 in last 4 years and £18,454 in last 5 years.
Currently average asking price of a property in Victoria Street, Gillingham, ME7 is around £219,595 based on approximately 3 properties for sale. Same is the case with rental options based on 78 properties up for rent, average asking rent is around £730 per month.
Estimated property value in Victoria Street, Gillingham, ME7 is £132,200. Average asking price is £219,595 while average price paid is £110,833 which is up by £11,029 and Avg. asking rent £730.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 Victoria Street, Gillingham, ME7 area. In last 1 year alone average price buyer paid is around £110,833 based on approximately 3 sales in Victoria Street, Gillingham, ME7 area alone. If you compare it to last 3 years sales of 17 properties where buyers paid around £105,220. 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 £102,125 for 22 and average amount paid for purchase of approx. 35 properties sold in last 7 years comes to about £105,005 per sale.