Values have been changing and have risen £1,932 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £4,632 in last 6 months, £15,345 in last 1 year, £24,370 in last 2 years, £23,962 in last 3 years, £23,609 in last 4 years and £26,876 in last 5 years.
Currently average asking price of a property in Palmerston Road, Westcliff-on-Sea, SS0 is around £303,216 based on approximately 6 properties for sale. Same is the case with rental options based on 93 properties up for rent, average asking rent is around £825 per month.
Estimated property value in Palmerston Road, Westcliff-on-Sea, SS0 is £169,188. Average asking price is £303,216 while average price paid is £136,924 which is up by £15,345 and Avg. asking rent £825.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 Palmerston Road, Westcliff-on-Sea, SS0 area. In last 1 year alone average price buyer paid is around £136,924 based on approximately 6 sales in Palmerston Road, Westcliff-on-Sea, SS0 area alone. If you compare it to last 3 years sales of 14 properties where buyers paid around £112,785. 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 £112,833 for 18 and average amount paid for purchase of approx. 24 properties sold in last 7 years comes to about £123,112 per sale.