Average Price for property in Southend-on-Sea is around £239,730 which varies based on type of property you are interested in and ranges from £417,563 for detached house to around £246,525 for semi-detached. Similarly terraced house is around £201,418 and a flat is worth £148,189. Values have been changing and have risen £3,521 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £10,988 in last 6 months, £21,447 in last 1 year, £31,192 in last 2 years, £30,483 in last 3 years, £26,781 in last 4 years and £35,051 in last 5 years.
Currently average asking price of a property in Southend-on-Sea is around £354,633 based on approximately 1,301 properties for sale. Same is the case with rental options based on 157 properties up for rent, average asking rent is around £2,835 per month.
Estimated property value in Southend-on-Sea is £239,730. Average asking price is £354,633 while average price paid is £215,199 which is up by £21,447 and Avg. asking rent £2,835.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 Southend-on-Sea area. In last 1 year alone average price buyer paid is around £215,199 based on approximately 1,301 sales in Southend-on-Sea area alone. If you compare it to last 3 years sales of 3,725 properties where buyers paid around £209,263. 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 £205,404 for 6,084 and average amount paid for purchase of approx. 8,273 properties sold in last 7 years comes to about £200,522 per sale.