Average Price for property in Old Mead, Southend-on-Sea, SS2 is around £191,895 which varies based on type of property you are interested in and ranges from £240,207 for detached house to around £197,621 for semi-detached. Similarly terraced house is around £183,465 and a flat is worth £127,224. Values have been changing and have risen £2,288 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £6,167 in last 6 months, £18,024 in last 1 year, £26,741 in last 2 years, £27,144 in last 3 years, £28,443 in last 4 years and £31,740 in last 5 years.
Currently average asking price of a property in Old Mead, Southend-on-Sea, SS2 is around £253,297 based on approximately 0 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 Old Mead, Southend-on-Sea, SS2 is £191,895. Average asking price is £253,297 while average price paid is £177,000 which is up by £27,144 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 Old Mead, Southend-on-Sea, SS2 area. In last 3 years alone average price buyer paid is around £177,000 based on approximately 4 sales in Old Mead, Southend-on-Sea, SS2 area alone. If you compare it to last 5 years sales of 8 properties where buyers paid around £161,875. It has been same for some time now for e.g. if you take an average of amount paid in last 7 years, it comes to around £166,800 for 10 per sale.