North Avenue, Southend-on-Sea, SS2

Street Guide For North Avenue, Southend-on-Sea, SS2

 

North Avenue, Southend-on-Sea, SS2 Map

Estimated Price: £182,200
Average Asking Price: £253,297
Price change in last one year: £17,113
Average Price Paid: £161,899
Average Rent Rates: £6,399

 

Property Prices Breakdown in North Avenue, Southend-on-Sea, SS2

Average Price for property in North Avenue, Southend-on-Sea, SS2 is around £182,200 which varies based on type of property you are interested in and ranges from £207,261 for detached house to around £196,765 for semi-detached. Similarly terraced house is around £185,918 and a flat is worth £119,789. Values have been changing and have risen £2,172 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £5,854 in last 6 months, £17,113 in last 1 year, £25,388 in last 2 years, £25,770 in last 3 years, £27,002 in last 4 years and £30,133 in last 5 years.

Currently average asking price of a property in North Avenue, Southend-on-Sea, SS2 is around £253,297 based on approximately 14 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 North Avenue, Southend-on-Sea, SS2 is £182,200. Average asking price is £253,297 while average price paid is £182,589 which is up by £17,113 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 North Avenue, Southend-on-Sea, SS2 area. In last 1 year alone average price buyer paid is around £182,589 based on approximately 14 sales in North Avenue, Southend-on-Sea, SS2 area alone. If you compare it to last 3 years sales of 30 properties where buyers paid around £166,373. 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 £161,899 for 48 and average amount paid for purchase of approx. 65 properties sold in last 7 years comes to about £159,872 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 North Avenue, 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 North Avenue, Southend-on-Sea, SS2 area.

Popular Houses in North Avenue, 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 North Avenue, Southend-on-Sea, SS2