Values have been changing and have risen £1,567 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £4,224 in last 6 months, £12,344 in last 1 year, £18,311 in last 2 years, £18,589 in last 3 years, £19,479 in last 4 years and £21,739 in last 5 years.
Currently average asking price of a property in Stromness Road, Southend-on-Sea, SS2 is around £253,297 based on approximately 3 properties for sale. Same is the case with rental options based on 47 properties up for rent, average asking rent is around £6,399 per month.
Estimated property value in Stromness Road, Southend-on-Sea, SS2 is £131,401. Average asking price is £253,297 while average price paid is £147,166 which is up by £12,344 and Avg. asking rent £6,399.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 Stromness Road, Southend-on-Sea, SS2 area. In last 1 year alone average price buyer paid is around £147,166 based on approximately 3 sales in Stromness Road, Southend-on-Sea, SS2 area alone. If you compare it to last 3 years sales of 10 properties where buyers paid around £117,900. 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 £116,657 for 19 and average amount paid for purchase of approx. 29 properties sold in last 7 years comes to about £117,465 per sale.