Average Price for property in Lancaster Gardens, Southend-on-Sea, SS1 is around £159,577 which varies based on type of property you are interested in and ranges from £283,077 for detached house to around £271,713 for semi-detached. Similarly terraced house is around £188,344 and a flat is worth £122,918. Values have been changing and have risen £2,270 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £5,771 in last 6 months, £15,334 in last 1 year, £22,595 in last 2 years, £22,464 in last 3 years, £22,633 in last 4 years and £26,231 in last 5 years.
Currently average asking price of a property in Lancaster Gardens, Southend-on-Sea, SS1 is around £420,298 based on approximately 3 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 Lancaster Gardens, Southend-on-Sea, SS1 is £159,577. Average asking price is £420,298 while average price paid is £194,416 which is up by £15,334 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 Lancaster Gardens, Southend-on-Sea, SS1 area. In last 1 year alone average price buyer paid is around £194,416 based on approximately 3 sales in Lancaster Gardens, Southend-on-Sea, SS1 area alone. If you compare it to last 3 years sales of 9 properties where buyers paid around £139,750. 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 £147,134 for 13 and average amount paid for purchase of approx. 23 properties sold in last 7 years comes to about £146,563 per sale.