Average Price for property in Southminster is around £277,463 which varies based on type of property you are interested in and ranges from £359,225 for detached house to around £221,189 for semi-detached. Similarly terraced house is around £200,878 and a flat is worth £140,306. Values have been changing and have risen £780 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £1,007 in last 6 months, £16,310 in last 1 year, £20,457 in last 2 years, £32,173 in last 3 years, £23,950 in last 4 years and £24,948 in last 5 years.
Currently average asking price of a property in Southminster is around £355,343 based on approximately 136 properties for sale. Same is the case with rental options based on 1 properties up for rent, average asking rent is around £1,001 per month.
Estimated property value in Southminster is £277,463. Average asking price is £355,343 while average price paid is £231,626 which is up by £16,310 and Avg. asking rent £1,001.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 Southminster area. In last 1 year alone average price buyer paid is around £231,626 based on approximately 136 sales in Southminster area alone. If you compare it to last 3 years sales of 335 properties where buyers paid around £223,505. 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 £225,923 for 507 and average amount paid for purchase of approx. 689 properties sold in last 7 years comes to about £221,723 per sale.