Average Price for property in Gloucester Terrace, Southend-on-Sea, SS1 is around £370,617 which varies based on type of property you are interested in and ranges from £834,078 for detached house to around £431,902 for semi-detached. Similarly flat is around £225,614. Values have been changing and have risen £5,270 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £13,401 in last 6 months, £35,608 in last 1 year, £52,462 in last 2 years, £52,151 in last 3 years, £52,539 in last 4 years and £60,894 in last 5 years.
Currently average asking price of a property in Gloucester Terrace, Southend-on-Sea, SS1 is around £420,298 based on approximately 1 properties for sale. Same is the case with rental options based on 78 properties up for rent, average asking rent is around £1,462 per month.
Estimated property value in Gloucester Terrace, Southend-on-Sea, SS1 is £370,617. Average asking price is £420,298 while average price paid is £497,000 which is up by £35,608 and Avg. asking rent £1,462.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 Gloucester Terrace, Southend-on-Sea, SS1 area. In last 1 year alone average price buyer paid is around £497,000 based on approximately 1 sales in Gloucester Terrace, Southend-on-Sea, SS1 area alone. If you compare it to last 3 years sales of 2 properties where buyers paid around £464,750. 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 £381,873 for 4 and average amount paid for purchase of approx. 6 properties sold in last 7 years comes to about £363,332 per sale.