Average Price for property in Shorefields, Rainham, Gillingham, ME8 is around £228,041 which varies based on type of property you are interested in and ranges from £296,343 for detached house to around £201,777 for semi-detached. Similarly terraced house is around £197,730. Values have been changing and have risen £1,355 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £3,326 in last 6 months, £17,732 in last 1 year, £29,674 in last 2 years, £35,257 in last 3 years, £33,070 in last 4 years and £32,313 in last 5 years.
Currently average asking price of a property in Shorefields, Rainham, Gillingham, ME8 is around £285,087 based on approximately 4 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 Shorefields, Rainham, Gillingham, ME8 is £228,041. Average asking price is £285,087 while average price paid is £191,875 which is up by £17,732 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 Shorefields, Rainham, Gillingham, ME8 area. In last 1 year alone average price buyer paid is around £191,875 based on approximately 4 sales in Shorefields, Rainham, Gillingham, ME8 area alone. If you compare it to last 3 years sales of 11 properties where buyers paid around £187,500. 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 £181,843 for 16 and average amount paid for purchase of approx. 21 properties sold in last 7 years comes to about £178,238 per sale.