Values have been changing and have risen £2,814 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £7,155 in last 6 months, £19,012 in last 1 year, £28,013 in last 2 years, £27,850 in last 3 years, £28,063 in last 4 years and £32,525 in last 5 years.
Currently average asking price of a property in Portland Avenue, Southend-on-Sea, SS1 is around £420,298 based on approximately 2 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 Portland Avenue, Southend-on-Sea, SS1 is £197,858. Average asking price is £420,298 while average price paid is £177,500 which is up by £19,012 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 Portland Avenue, Southend-on-Sea, SS1 area. In last 1 year alone average price buyer paid is around £177,500 based on approximately 2 sales in Portland Avenue, Southend-on-Sea, SS1 area alone. If you compare it to last 3 years sales of 2 properties where buyers paid around £177,500. 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 £161,437 for 8 and average amount paid for purchase of approx. 10 properties sold in last 7 years comes to about £160,450 per sale.