Average Price for property in The Grove, Southend-on-Sea, SS2 is around £192,743 which varies based on type of property you are interested in and ranges from £227,384 for detached house to around £208,632 for semi-detached. Similarly terraced house is around £188,909 and a flat is worth £119,438. Values have been changing and have risen £2,298 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £6,195 in last 6 months, £18,105 in last 1 year, £26,857 in last 2 years, £27,261 in last 3 years, £28,564 in last 4 years and £31,878 in last 5 years.
Currently average asking price of a property in The Grove, Southend-on-Sea, SS2 is around £253,297 based on approximately 10 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 The Grove, Southend-on-Sea, SS2 is £192,743. Average asking price is £253,297 while average price paid is £174,749 which is up by £18,105 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 The Grove, Southend-on-Sea, SS2 area. In last 1 year alone average price buyer paid is around £174,749 based on approximately 10 sales in The Grove, Southend-on-Sea, SS2 area alone. If you compare it to last 3 years sales of 20 properties where buyers paid around £161,724. 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 £163,571 for 28 and average amount paid for purchase of approx. 41 properties sold in last 7 years comes to about £164,179 per sale.