Average Price for property in Canvey Island is around £219,120 which varies based on type of property you are interested in and ranges from £247,233 for detached house to around £201,558 for semi-detached. Similarly terraced house is around £177,651 and a flat is worth £136,381. Values have been changing and have risen £1,495 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £3,540 in last 6 months, £18,724 in last 1 year, £29,006 in last 2 years, £32,115 in last 3 years, £27,261 in last 4 years and £30,783 in last 5 years.
Currently average asking price of a property in Canvey Island is around £252,224 based on approximately 526 properties for sale. Same is the case with rental options based on 15 properties up for rent, average asking rent is around £1,089 per month.
Estimated property value in Canvey Island is £219,120. Average asking price is £252,224 while average price paid is £196,069 which is up by £18,724 and Avg. asking rent £1,089.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 Canvey Island area. In last 1 year alone average price buyer paid is around £196,069 based on approximately 526 sales in Canvey Island area alone. If you compare it to last 3 years sales of 1,467 properties where buyers paid around £182,300. 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 £179,967 for 2,237 and average amount paid for purchase of approx. 2,990 properties sold in last 7 years comes to about £178,512 per sale.