Average Price for property in Newington Close, Southend-on-Sea, SS2 is around £183,746 which varies based on type of property you are interested in and ranges from £188,701 for semi-detached to around £178,791 for terraced house. Values have been changing and have risen £2,191 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £5,905 in last 6 months, £17,258 in last 1 year, £25,603 in last 2 years, £25,988 in last 3 years, £27,228 in last 4 years and £30,387 in last 5 years.
Currently average asking price of a property in Newington Close, Southend-on-Sea, SS2 is around £253,297 based on approximately 2 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 Newington Close, Southend-on-Sea, SS2 is £183,746. Average asking price is £253,297 while average price paid is £155,000 which is up by £17,258 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 Newington Close, Southend-on-Sea, SS2 area. In last 1 year alone average price buyer paid is around £155,000 based on approximately 2 sales in Newington Close, Southend-on-Sea, SS2 area alone. If you compare it to last 3 years sales of 2 properties where buyers paid around £155,000. 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 £155,000 for 2 and average amount paid for purchase of approx. 4 properties sold in last 7 years comes to about £162,500 per sale.