Average Price for property in Welling Road, Orsett, Grays, RM16 is around £269,425 which varies based on type of property you are interested in and ranges from £339,496 for detached house to around £258,008 for semi-detached. Similarly terraced house is around £219,039 and a flat is worth £193,974. Values have been changing and have risen £2,582 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £8,489 in last 6 months, £22,270 in last 1 year, £44,877 in last 2 years, £42,067 in last 3 years, £43,460 in last 4 years and £46,571 in last 5 years.
Currently average asking price of a property in Welling Road, Orsett, Grays, RM16 is around £334,508 based on approximately 12 properties for sale. Same is the case with rental options based on 19 properties up for rent, average asking rent is around £991 per month.
Estimated property value in Welling Road, Orsett, Grays, RM16 is £269,425. Average asking price is £334,508 while average price paid is £242,478 which is up by £22,270 and Avg. asking rent £991.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 Welling Road, Orsett, Grays, RM16 area. In last 1 year alone average price buyer paid is around £242,478 based on approximately 12 sales in Welling Road, Orsett, Grays, RM16 area alone. If you compare it to last 3 years sales of 22 properties where buyers paid around £219,976. 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 £208,202 for 32 and average amount paid for purchase of approx. 39 properties sold in last 7 years comes to about £213,922 per sale.