Average Price for property in Park Lane, Southend-on-Sea, SS1 is around £204,327 which varies based on type of property you are interested in and ranges from £142,049 for detached house to around £232,149 for semi-detached. Similarly terraced house is around £231,299 and a flat is worth £154,437. Values have been changing and have risen £2,906 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £7,390 in last 6 months, £19,635 in last 1 year, £28,930 in last 2 years, £28,759 in last 3 years, £28,976 in last 4 years and £33,582 in last 5 years.
Currently average asking price of a property in Park Lane, 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 Park Lane, Southend-on-Sea, SS1 is £204,327. Average asking price is £420,298 while average price paid is £196,000 which is up by £19,635 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 Park Lane, Southend-on-Sea, SS1 area. In last 1 year alone average price buyer paid is around £196,000 based on approximately 1 sales in Park Lane, Southend-on-Sea, SS1 area alone. If you compare it to last 3 years sales of 6 properties where buyers paid around £161,416. 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 £166,625 for 16 and average amount paid for purchase of approx. 24 properties sold in last 7 years comes to about £163,708 per sale.