Average Price for property in Riviera Drive, Southend-on-Sea, SS1 is around £156,005 which varies based on type of property you are interested in and ranges from £245,001 for detached house to around £242,675 for semi-detached. Similarly terraced house is around £179,807 and a flat is worth £102,149. Values have been changing and have risen £2,220 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £5,644 in last 6 months, £14,994 in last 1 year, £22,094 in last 2 years, £21,967 in last 3 years, £22,133 in last 4 years and £25,651 in last 5 years.
Currently average asking price of a property in Riviera Drive, Southend-on-Sea, SS1 is around £420,298 based on approximately 5 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 Riviera Drive, Southend-on-Sea, SS1 is £156,005. Average asking price is £420,298 while average price paid is £163,600 which is up by £14,994 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 Riviera Drive, Southend-on-Sea, SS1 area. In last 1 year alone average price buyer paid is around £163,600 based on approximately 5 sales in Riviera Drive, Southend-on-Sea, SS1 area alone. If you compare it to last 3 years sales of 18 properties where buyers paid around £127,832. 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 £126,706 for 29 and average amount paid for purchase of approx. 37 properties sold in last 7 years comes to about £135,894 per sale.