Area Guide For Southend-on-Sea

Southend-on-Sea is a coastline resort town and more extensive unitary power range with precinct status, in Essex, England, on the north side of the Thames estuary 40 miles east of focal London. It is flanked to the north by Rochford and to the west by Castle Point. It is home to the longest relaxation dock on the planet, Southend Pier. London Southend Airport is found 1.5 NM north of the town focus.

An Amusement Park Adventure Island, previously known as Peter Pan's Playground, straddles the dock doorway. Subside Pan's Playground was in the long run renamed Adventure Island as its size and prominence developed, and has since developed into a vast carnival with more than 50 rides. The seafront additionally houses the "Ocean Life Adventure" aquarium, claimed by the Miller family, who likewise own Adventure Island.


Southend-on-Sea Map

Estimated Price: £239,730
Average Asking Price: £354,633
Price change in last one year: £21,447
Average Price Paid: £205,404
Average Rent Rates: £2,835


Property Prices Breakdown in Southend-on-Sea

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.


Properties For Sale in Southend-on-Sea


Breakdown of asking prices for homes of different sizes show that price varies clearly based on no of bedrooms and type of house. Asking price for a house with 1 bedroom is around £108,082, £244,071 for a 2 bedroom house, £269,586 for a 3 bedroom house, £473,126 for a 4 bedroom house and £648,321 for a 5 bedroom house. For a flat similarly the prices varies from £102,850 for a single bedroom to £185,945 for a 2 bedroom Flat. Same is the case with 3 bedroom flat £192,624 and £242,500 for a 5 bedroom flat. To sum up the asking prices for properties in Southend-on-Sea it comes to around average £103,478 for 1 bedroom property, £202,465 for 2 bedroom, £261,485 for 3 bedroom, £473,126 for 4 bedroom and £634,327 for a 5 bedroom property.

Rent per calendar month varies similarly based on type and size of the house. If you look at the rents per month for houses alone it can vary from £437 for 1 bedroom to £847 for 2 bedrooms, £1,050 for 3 bedrooms, £1,436 for 4 bedrooms and £1,300 for 5 bedrooms house. But if you are interested in renting a 1 bedroom flat then rent per month can be around £561. As the no. of bedroom increase so will the rent e.g. for a 2 bedroom flat it will be around £922 and £1,067 for 3 bedroom. You should be generally be expecting around average £511 rent per month for single bedroom property, £903 for 2 bedroom, £1,056 for 3 bedroom, £1,436 for 4 bedroom and approximately £1,300 for a 5 bedroom property in Southend-on-Sea area.

Popular Houses in Southend-on-Sea

Disclaimer : Location real estate estimates and values are based on House price index background data and Sales data provided by United Kingdom Land registry Records available as public records from their website. This information is updated monthly on our website and may not reflect all public transactions. This information is based on estimated calculation generated from our developed algorithms. We are striving to make this information as accurate and useful as possible. This data covers the transactions received at Land Registry in the period 1/1/1995 to 9/1/2014. © Crown copyright 2014. Data produced by Land Registry © Crown copyright 2014.

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