Fairlawn Gardens, Southend-on-Sea, SS2

Street Guide For Fairlawn Gardens, Southend-on-Sea, SS2

 

Fairlawn Gardens, Southend-on-Sea, SS2 Map

Estimated Price: £228,975
Average Asking Price: £253,297
Price change in last one year: £21,506
Average Price Paid: £189,722
Average Rent Rates: £6,399

 

Property Prices Breakdown in Fairlawn Gardens, Southend-on-Sea, SS2

Average Price for property in Fairlawn Gardens, Southend-on-Sea, SS2 is around £228,975 which varies based on type of property you are interested in and ranges from £230,750 for detached house to around £229,640 for semi-detached. Similarly terraced house is around £213,455. Values have been changing and have risen £2,730 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £7,358 in last 6 months, £21,506 in last 1 year, £31,903 in last 2 years, £32,383 in last 3 years, £33,930 in last 4 years and £37,866 in last 5 years.

Currently average asking price of a property in Fairlawn Gardens, Southend-on-Sea, SS2 is around £253,297 based on approximately 1 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 Fairlawn Gardens, Southend-on-Sea, SS2 is £228,975. Average asking price is £253,297 while average price paid is £172,000 which is up by £21,506 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 Fairlawn Gardens, Southend-on-Sea, SS2 area. In last 1 year alone average price buyer paid is around £172,000 based on approximately 1 sales in Fairlawn Gardens, Southend-on-Sea, SS2 area alone. If you compare it to last 3 years sales of 5 properties where buyers paid around £188,900. 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 £189,722 for 9 and average amount paid for purchase of approx. 13 properties sold in last 7 years comes to about £184,230 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 £104,995, £204,442 for a 2 bedroom house, £240,683 for a 3 bedroom house, £337,499 for a 4 bedroom house and £265,000 for a 5 bedroom house. For a flat similarly the prices varies from £115,635 for a single bedroom to £147,153 for a 2 bedroom Flat. To sum up the asking prices for properties in Fairlawn Gardens, Southend-on-Sea, SS2 it comes to around average £114,748 for 1 bedroom property, £170,589 for 2 bedroom, £240,683 for 3 bedroom, £337,499 for 4 bedroom and £265,000 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 £416 for 1 bedroom to £850 for 2 bedroom, £1,041 for 3 bedroom and £438 for 4 bedroom. But if you are interested in renting a 1 bedroom flat then rent per month can be around £546. As the no. of bedroom increase so will the rent e.g. for a 2 bedroom flat it will be around £756 and £849 for 3 bedroom. You should be generally be expecting around average £468 rent per month for single bedroom property, £794 for 2 bedroom, £1,014 for 3 bedroom and approximately £438 for 4 bedroom property in Fairlawn Gardens, Southend-on-Sea, SS2 area.

Popular Houses in Fairlawn Gardens, Southend-on-Sea, SS2

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 Fairlawn Gardens, Southend-on-Sea, SS2