Olive Avenue, Leigh-on-Sea, SS9

Street Guide For Olive Avenue, Leigh-on-Sea, SS9

 

Olive Avenue, Leigh-on-Sea, SS9 Map

Estimated Price: £352,412
Average Asking Price: £388,906
Price change in last one year: £29,287
Average Price Paid: £276,765
Average Rent Rates: £920

 

Property Prices Breakdown in Olive Avenue, Leigh-on-Sea, SS9

Average Price for property in Olive Avenue, Leigh-on-Sea, SS9 is around £352,412 which varies based on type of property you are interested in and ranges from £364,890 for detached house to around £370,576 for semi-detached. Similarly terraced house is around £347,847 and a flat is worth £145,449. Values have been changing and have risen £3,333 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £7,420 in last 6 months, £29,287 in last 1 year, £47,385 in last 2 years, £45,723 in last 3 years, £49,745 in last 4 years and £55,763 in last 5 years.

Currently average asking price of a property in Olive Avenue, Leigh-on-Sea, SS9 is around £388,906 based on approximately 5 properties for sale. Same is the case with rental options based on 55 properties up for rent, average asking rent is around £920 per month.

Estimated property value in Olive Avenue, Leigh-on-Sea, SS9 is £352,412. Average asking price is £388,906 while average price paid is £289,200 which is up by £29,287 and Avg. asking rent £920.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 Olive Avenue, Leigh-on-Sea, SS9 area. In last 1 year alone average price buyer paid is around £289,200 based on approximately 5 sales in Olive Avenue, Leigh-on-Sea, SS9 area alone. If you compare it to last 3 years sales of 19 properties where buyers paid around £300,078. 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 £276,765 for 32 and average amount paid for purchase of approx. 40 properties sold in last 7 years comes to about £269,512 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 £125,000, £279,442 for a 2 bedroom house, £378,725 for a 3 bedroom house, £450,224 for a 4 bedroom house and £673,457 for a 5 bedroom house. For a flat similarly the prices varies from £154,582 for a single bedroom to £226,705 for a 2 bedroom Flat. Same is the case with 3 bedroom flat £1,200,000. To sum up the asking prices for properties in Olive Avenue, Leigh-on-Sea, SS9 it comes to around average £150,356 for 1 bedroom property, £247,522 for 2 bedroom, £410,932 for 3 bedroom, £450,224 for 4 bedroom and £673,457 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 £447 for 1 bedroom to £965 for 2 bedroom, £1,469 for 3 bedroom and £1,400 for 4 bedroom. But if you are interested in renting a 1 bedroom flat then rent per month can be around £718. As the no. of bedroom increase so will the rent e.g. for a 2 bedroom flat it will be around £950 and £963 for 3 bedroom. You should be generally be expecting around average £546 rent per month for single bedroom property, £952 for 2 bedroom, £1,317 for 3 bedroom and approximately £1,400 for 4 bedroom property in Olive Avenue, Leigh-on-Sea, SS9 area.

Popular Houses in Olive Avenue, Leigh-on-Sea, SS9

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 Olive Avenue, Leigh-on-Sea, SS9