Values have been changing and have risen £2,018 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £5,131 in last 6 months, £13,636 in last 1 year, £20,094 in last 2 years, £19,978 in last 3 years, £20,130 in last 4 years and £23,330 in last 5 years.
Currently average asking price of a property in Burnaby Road, Southend-on-Sea, SS1 is around £420,298 based on approximately 0 properties for sale. Same is the case with rental options based on 78 properties up for rent, average asking rent is around £1,462 per month.
Estimated property value in Burnaby Road, Southend-on-Sea, SS1 is £141,896. Average asking price is £420,298 while average price paid is £142,250 which is up by £19,978 and Avg. asking rent £1,462.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 Burnaby Road, Southend-on-Sea, SS1 area. In last 3 years alone average price buyer paid is around £142,250 based on approximately 4 sales in Burnaby Road, Southend-on-Sea, SS1 area alone. If you compare it to last 5 years sales of 5 properties where buyers paid around £133,800. It has been same for some time now for e.g. if you take an average of amount paid in last 7 years, it comes to around £135,666 for 6 per sale.