Average Price for property in The Drakes, Shoeburyness, Southend-on-Sea, SS3 is around £154,216 which varies based on type of property you are interested in and ranges from £167,906 for detached house to around £163,806 for semi-detached. Similarly terraced house is around £151,456 and a flat is worth £123,908. Values have been changing and have risen £1,345 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £3,323 in last 6 months, £12,286 in last 1 year, £20,164 in last 2 years, £17,450 in last 3 years, £19,675 in last 4 years and £22,153 in last 5 years.
Currently average asking price of a property in The Drakes, Shoeburyness, Southend-on-Sea, SS3 is around £340,057 based on approximately 2 properties for sale. Same is the case with rental options based on 32 properties up for rent, average asking rent is around £946 per month.
Estimated property value in The Drakes, Shoeburyness, Southend-on-Sea, SS3 is £154,216. Average asking price is £340,057 while average price paid is £171,000 which is up by £12,286 and Avg. asking rent £946.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 The Drakes, Shoeburyness, Southend-on-Sea, SS3 area. In last 1 year alone average price buyer paid is around £171,000 based on approximately 2 sales in The Drakes, Shoeburyness, Southend-on-Sea, SS3 area alone. If you compare it to last 3 years sales of 9 properties where buyers paid around £139,388. 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 £137,227 for 11 and average amount paid for purchase of approx. 16 properties sold in last 7 years comes to about £134,812 per sale.