Values have been changing and have risen £2,048 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £5,207 in last 6 months, £13,832 in last 1 year, £20,379 in last 2 years, £20,261 in last 3 years, £20,414 in last 4 years and £23,660 in last 5 years.
Currently average asking price of a property in St. Leonards Road, Southend-on-Sea, SS1 is around £420,298 based on approximately 7 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 St. Leonards Road, Southend-on-Sea, SS1 is £143,919. Average asking price is £420,298 while average price paid is £134,642 which is up by £13,832 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 St. Leonards Road, Southend-on-Sea, SS1 area. In last 1 year alone average price buyer paid is around £134,642 based on approximately 7 sales in St. Leonards Road, Southend-on-Sea, SS1 area alone. If you compare it to last 3 years sales of 10 properties where buyers paid around £143,000. 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 £123,382 for 17 and average amount paid for purchase of approx. 21 properties sold in last 7 years comes to about £122,142 per sale.