Average Price for property in Pelham Road, Southend-on-Sea, SS2 is around £345,790 which varies based on type of property you are interested in and ranges from £356,255 for detached house to around £346,113 for semi-detached. Similarly terraced house is around £312,778. Values have been changing and have risen £4,122 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £11,110 in last 6 months, £32,474 in last 1 year, £48,171 in last 2 years, £48,894 in last 3 years, £51,229 in last 4 years and £57,168 in last 5 years.
Currently average asking price of a property in Pelham Road, Southend-on-Sea, SS2 is around £253,297 based on approximately 1 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 Pelham Road, Southend-on-Sea, SS2 is £345,790. Average asking price is £253,297 while average price paid is £405,000 which is up by £32,474 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 Pelham Road, Southend-on-Sea, SS2 area. In last 1 year alone average price buyer paid is around £405,000 based on approximately 1 sales in Pelham Road, Southend-on-Sea, SS2 area alone. If you compare it to last 3 years sales of 3 properties where buyers paid around £304,666. 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 £308,500 for 4 and average amount paid for purchase of approx. 4 properties sold in last 7 years comes to about £308,500 per sale.