Values have been changing and have risen £2,090 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £5,314 in last 6 months, £14,118 in last 1 year, £20,802 in last 2 years, £20,683 in last 3 years, £20,841 in last 4 years and £24,155 in last 5 years.
Currently average asking price of a property in Southchurch Road, Southend-on-Sea, SS1 is around £420,298 based on approximately 15 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 Southchurch Road, Southend-on-Sea, SS1 is £146,902. Average asking price is £420,298 while average price paid is £120,066 which is up by £14,118 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 Southchurch Road, Southend-on-Sea, SS1 area. In last 1 year alone average price buyer paid is around £120,066 based on approximately 15 sales in Southchurch Road, Southend-on-Sea, SS1 area alone. If you compare it to last 3 years sales of 34 properties where buyers paid around £115,558. 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 £117,520 for 49 and average amount paid for purchase of approx. 74 properties sold in last 7 years comes to about £114,577 per sale.