Values have been changing and have risen £2,469 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £6,653 in last 6 months, £19,446 in last 1 year, £28,846 in last 2 years, £29,280 in last 3 years, £30,681 in last 4 years and £34,240 in last 5 years.
Currently average asking price of a property in Cromwell Road, Southend-on-Sea, SS2 is around £253,297 based on approximately 3 properties for sale. Same is the case with rental options based on 47 properties up for rent, average asking rent is around £6,399 per month.
Estimated property value in Cromwell Road, Southend-on-Sea, SS2 is £207,034. Average asking price is £253,297 while average price paid is £192,666 which is up by £19,446 and Avg. asking rent £6,399.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 Cromwell Road, Southend-on-Sea, SS2 area. In last 1 year alone average price buyer paid is around £192,666 based on approximately 3 sales in Cromwell Road, Southend-on-Sea, SS2 area alone. If you compare it to last 3 years sales of 12 properties where buyers paid around £182,291. 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 £171,781 for 16 and average amount paid for purchase of approx. 21 properties sold in last 7 years comes to about £172,642 per sale.