Average Price for property in Ellison Way, Rainham, Gillingham, ME8 is around £223,800 which varies based on type of property you are interested in and ranges from £314,888 for detached house to around £220,626 for semi-detached. Similarly terraced house is around £225,975 and a flat is worth £154,654. Values have been changing and have risen £1,337 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £3,281 in last 6 months, £17,486 in last 1 year, £29,260 in last 2 years, £34,765 in last 3 years, £32,611 in last 4 years and £31,866 in last 5 years.
Currently average asking price of a property in Ellison Way, Rainham, Gillingham, ME8 is around £285,087 based on approximately 6 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 Ellison Way, Rainham, Gillingham, ME8 is £223,800. Average asking price is £285,087 while average price paid is £193,833 which is up by £17,486 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 Ellison Way, Rainham, Gillingham, ME8 area. In last 1 year alone average price buyer paid is around £193,833 based on approximately 6 sales in Ellison Way, Rainham, Gillingham, ME8 area alone. If you compare it to last 3 years sales of 11 properties where buyers paid around £182,818. 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 £181,911 for 17 and average amount paid for purchase of approx. 19 properties sold in last 7 years comes to about £180,710 per sale.