Values have been changing and have risen £1,604 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £4,324 in last 6 months, £12,638 in last 1 year, £18,750 in last 2 years, £19,034 in last 3 years, £19,945 in last 4 years and £22,260 in last 5 years.
Currently average asking price of a property in Sherwood Way, 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 Sherwood Way, Southend-on-Sea, SS2 is £134,542. Average asking price is £253,297 while average price paid is £169,995 which is up by £12,638 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 Sherwood Way, Southend-on-Sea, SS2 area. In last 1 year alone average price buyer paid is around £169,995 based on approximately 1 sales in Sherwood Way, Southend-on-Sea, SS2 area alone. If you compare it to last 3 years sales of 1 properties where buyers paid around £169,995. 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 £86,331 for 3 and average amount paid for purchase of approx. 4 properties sold in last 7 years comes to about £79,748 per sale.