Elm Road, Shoeburyness, Southend-on-Sea, SS3

Street Guide For Elm Road, Shoeburyness, Southend-on-Sea, SS3

 

Elm Road, Shoeburyness, Southend-on-Sea, SS3 Map

Estimated Price: £206,427
Average Asking Price: £340,057
Price change in last one year: £16,445
Average Price Paid: £179,412
Average Rent Rates: £946

 

Property Prices Breakdown in Elm Road, Shoeburyness, Southend-on-Sea, SS3

Average Price for property in Elm Road, Shoeburyness, Southend-on-Sea, SS3 is around £206,427 which varies based on type of property you are interested in and ranges from £234,190 for detached house to around £218,404 for semi-detached. Similarly terraced house is around £164,434 and a flat is worth £96,476. Values have been changing and have risen £1,799 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £4,446 in last 6 months, £16,445 in last 1 year, £26,989 in last 2 years, £23,354 in last 3 years, £26,330 in last 4 years and £29,644 in last 5 years.

Currently average asking price of a property in Elm Road, Shoeburyness, Southend-on-Sea, SS3 is around £340,057 based on approximately 8 properties for sale. Same is the case with rental options based on 32 properties up for rent, average asking rent is around £946 per month.

Estimated property value in Elm Road, Shoeburyness, Southend-on-Sea, SS3 is £206,427. Average asking price is £340,057 while average price paid is £190,436 which is up by £16,445 and Avg. asking rent £946.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 Elm Road, Shoeburyness, Southend-on-Sea, SS3 area. In last 1 year alone average price buyer paid is around £190,436 based on approximately 8 sales in Elm Road, Shoeburyness, Southend-on-Sea, SS3 area alone. If you compare it to last 3 years sales of 15 properties where buyers paid around £182,033. 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 £179,412 for 23 and average amount paid for purchase of approx. 32 properties sold in last 7 years comes to about £178,890 per sale.

 
 

Breakdown of asking prices for homes of different sizes show that price varies clearly based on no of bedrooms and type of house. Asking price for a house with 1 bedroom is around £115,875, £236,245 for a 2 bedroom house, £283,063 for a 3 bedroom house, £446,351 for a 4 bedroom house and £694,999 for a 5 bedroom house. For a flat similarly the prices varies from £107,072 for a single bedroom to £165,555 for a 2 bedroom Flat. Same is the case with 3 bedroom flat £202,200. To sum up the asking prices for properties in Elm Road, Shoeburyness, Southend-on-Sea, SS3 it comes to around average £109,143 for 1 bedroom property, £207,969 for 2 bedroom, £268,089 for 3 bedroom, £446,351 for 4 bedroom and £694,999 for a 5 bedroom property.

Rent per calendar month varies similarly based on type and size of the house. If you look at the rents per month for houses alone it can vary from £644 for 1 bedroom to £824 for 2 bedrooms, £1,106 for 3 bedrooms, £1,326 for 4 bedrooms and £1,300 for 5 bedrooms house. But if you are interested in renting a 1 bedroom flat then rent per month can be around £568. As the no. of bedroom increase so will the rent e.g. for a 2 bedroom flat it will be around £811 and £883 for 3 bedroom. You should be generally be expecting around average £593 rent per month for single bedroom property, £818 for 2 bedroom, £994 for 3 bedroom, £1,326 for 4 bedroom and approximately £1,300 for a 5 bedroom property in Elm Road, Shoeburyness, Southend-on-Sea, SS3 area.

Popular Houses in Elm Road, Shoeburyness, Southend-on-Sea, SS3

Disclaimer : Location real estate estimates and values are based on House price index background data and Sales data provided by United Kingdom Land registry Records available as public records from their website. This information is updated monthly on our website and may not reflect all public transactions. This information is based on estimated calculation generated from our developed algorithms. We are striving to make this information as accurate and useful as possible. This data covers the transactions received at Land Registry in the period 1/1/1995 to 9/1/2014. © Crown copyright 2014. Data produced by Land Registry © Crown copyright 2014.

Areas in and around Elm Road, Shoeburyness, Southend-on-Sea, SS3