Values have been changing and have risen £5,082 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £12,924 in last 6 months, £34,341 in last 1 year, £50,596 in last 2 years, £50,296 in last 3 years, £50,671 in last 4 years and £58,726 in last 5 years.
Currently average asking price of a property in Runwell Terrace, 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 Runwell Terrace, Southend-on-Sea, SS1 is £357,419. Average asking price is £420,298 while average price paid is £499,500 which is up by £34,341 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 Runwell Terrace, Southend-on-Sea, SS1 area. In last 1 year alone average price buyer paid is around £499,500 based on approximately 1 sales in Runwell Terrace, Southend-on-Sea, SS1 area alone. If you compare it to last 3 years sales of 2 properties where buyers paid around £394,750. 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 £424,833 for 3 and average amount paid for purchase of approx. 3 properties sold in last 7 years comes to about £424,833 per sale.