Average Price for property in Cumberland Avenue, Southend-on-Sea, SS2 is around £185,789 which varies based on type of property you are interested in and ranges from £230,527 for detached house to around £222,955 for semi-detached. Similarly terraced house is around £196,462 and a flat is worth £110,618. Values have been changing and have risen £2,215 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £5,971 in last 6 months, £17,451 in last 1 year, £25,888 in last 2 years, £26,278 in last 3 years, £27,534 in last 4 years and £30,728 in last 5 years.
Currently average asking price of a property in Cumberland Avenue, Southend-on-Sea, SS2 is around £253,297 based on approximately 6 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 Cumberland Avenue, Southend-on-Sea, SS2 is £185,789. Average asking price is £253,297 while average price paid is £163,750 which is up by £17,451 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 Cumberland Avenue, Southend-on-Sea, SS2 area. In last 1 year alone average price buyer paid is around £163,750 based on approximately 6 sales in Cumberland Avenue, Southend-on-Sea, SS2 area alone. If you compare it to last 3 years sales of 14 properties where buyers paid around £173,357. 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 £172,525 for 20 and average amount paid for purchase of approx. 27 properties sold in last 7 years comes to about £170,444 per sale.