Houses for sale in ME8 7RR, Gresham Close, Rainham North, Gillingham


House Prices in ME8 7RR, Gresham Close, Rainham North

Properties in ME8 7RR have no sales history available within the last 3 years. ME8 7RR is a postcode in Gresham Close located in Rainham North, an area in Gillingham, Medway, with 4 households².


Properties for sale near ME8 7RR, Gresham Close

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Price Paid in Gresham Close, ME8 7RR, Rainham North

2 Gresham Close, ME8 7RR, Rainham North Gillingham

Property 2 has been sold 4 times. The last time it was sold was in 16/12/2020 and the sold price was £347,000.00.

This detached house, sold as a freehold on 16/12/2020, is a 78 sqm detached house with an EPC rating of D.

Date Price Property Type Tenure Classification
16/12/2020 £347,000.00 Detached House freehold Established Building
13/06/2014 £238,000.00 Detached House freehold Established Building
30/07/2007 £217,000.00 Detached House freehold Established Building
19/09/1997 £87,500.00 Detached House freehold New Build

4 Gresham Close, ME8 7RR, Rainham North Gillingham

Property 4 has been sold 3 times. The last time it was sold was in 03/08/2018 and the sold price was £430,000.00.

This detached house, sold as a freehold on 03/08/2018, is a 105 sqm detached house with an EPC rating of D.

Date Price Property Type Tenure Classification
03/08/2018 £430,000.00 Detached House freehold Established Building
12/12/2011 £245,000.00 Detached House freehold Established Building
21/04/1997 £112,500.00 Detached House freehold New Build

3 Gresham Close, ME8 7RR, Rainham North Gillingham

Property 3 has been sold 2 times. The last time it was sold was in 31/10/2016 and the sold price was £300,000.00.

This detached house, sold as a freehold on 31/10/2016, is a 88 sqm detached house with an EPC rating of C.

Date Price Property Type Tenure Classification
31/10/2016 £300,000.00 Detached House freehold Established Building
23/05/1997 £91,000.00 Detached House freehold New Build

1 Gresham Close, ME8 7RR, Rainham North Gillingham

Property 1 has been sold 2 times. The last time it was sold was in 09/08/2004 and the sold price was £215,000.00.

This is a Detached House which was sold as a freehold in 09/08/2004

Date Price Property Type Tenure Classification
09/08/2004 £215,000.00 Detached House freehold Established Building
09/07/1997 £91,000.00 Detached House freehold New Build

Property price trends in ME8 7RR, Gresham Close

According to the latest Land Registry data, the average home in ME8 7RR, Gresham Close sold for £347,000 in 2020. That figure comes from 11 sales logged over the past 23 years.

Prices have continued to climb over the last three years. Compared with 2016, when the typical sale came in around £300,000, that's a rise of roughly 15.7%.

Looking back five years, average prices are up about 45.8% since 2014, a gain of around £109,000 in cash terms.

Zoom out to the past decade for the fuller picture. Back in 2011, homes here averaged £245,000, so the typical sold price has climbed about 41.6% since then, roughly 3.9% a year. Stretch the view to fifteen years and that annual pace eases back to about 3%.

Property Price Paid in ME8 7RR, Gresham Close by Year

The average sold property price by year was:

Year Average Sold Price Price Change
Sold Properties More information
2020 £347,000
Price decrease
-24%
1 Property
2018 £430,000
Price increase
30%
1 Property
2016 £300,000
Price increase
21%
1 Property
2014 £238,000
Price decrease
-3%
1 Property
2011 £245,000
Price increase
11%
1 Property
2007 £217,000
Price increase
1%
1 Property
2004 £215,000
Price increase
56%
1 Property
1997 £95,500
-
4 Properties
Source: HM Land Registry — official sold price data published by the UK Government.