Southend-on-Sea property prices

The average property price in Southend-on-Sea postcode area is £354k. The average price increased by £29.2k (9%) over the last twelve months. The price of an established property is £357k. The price of a newly built property is £245k. There were 7.1k property sales and sales dropped by 4.8% (-380 transactions). Most properties were sold in the £300k-£400k price range with 2097 (29.7%) properties sold, followed by £250k-£300k price range with 1303 (18.4%) properties sold.

July 2020 - June 2021

Southend-on-Sea postcode area

England and Wales

£354k

average property price

£337k

average property price

9%

average price percentage change

12%

average price percentage change

£29.2k

average price change

£35.6k

average price change

Southend on Sea house prices map

This price map shows the average property price in a given postcode sector between July 2020 - June 2021. The most affordable place was 'SS2 5' with the average price of £241k. The most expensive place was 'SS1 3', £575k.

Southend on Sea house prices map

Southend on Sea house prices compared to other areas

Comparison of the average property price and an average price percentage change by postcode area. Price % change compares the average property price between July 2020 - June 2021 to the average price in the previous 12 months. The size of the circle shows the number of property transactions. The bigger the circle the higher the sales volumes in postcode area.

Southend on Sea house prices compared to other areasAverage price percentage change
Average property price

Southend on Sea house price rank

With the average price of £354k, Southend-on-Sea is the 39. most pricey postcode area out of 105 England and Wales' postcode areas.

Southend on Sea house price rank

Southend on Sea property sales share by price range

shows a number of properties sold in a given price range between July 2020 - June 2021.

Southend on Sea property sales share by price range
Property price rangeMarket shareSales volumes
£50k-£100k0.6%41
£100k-£150k3.5%249
£150k-£200k8.4%593
£200k-£250k12.4%873
£250k-£300k18.4%1.3k
£300k-£400k29.7%2.1k
£400k-£500k13.9%979
£500k-£750k10.6%749
£750k-£1M1.8%129
over £1M0.8%55

Southend on Sea cost comparison of new homes and older homes

July 2020 - June 2021

Southend on Sea cost comparison of new homes and older homes

£245k

A newly built property

£357k

An established property

Southend on Sea cost comparison of houses and flats

July 2020 - June 2021

Southend on Sea cost comparison of houses and flats

£504k

Detached

£202k

Flat

£357k

Semi-Detached

£309k

Terraced

Southend on Sea real house prices

Yearly average nominal house prices adjusted for inflation.

Southend on Sea real house prices

Southend on Sea house prices compared to England & Wales' house prices

Yearly average nominal prices

Southend on Sea house prices

Southend on Sea house prices per square meter

Yearly average nominal prices per square meter.

Average price per square meter

Southend on Sea house prices and nearby areas

Yearly average nominal prices

Southend on Sea house prices and nearby areas

Southend on Sea house prices new vs established

Yearly average nominal prices. Graphs shows a difference between house prices of newly built properties and house prices of established residential properties.

Southend on Sea house prices new vs established

Southend on Sea house prices by property type

Yearly average nominal prices

Southend on Sea house prices by property type

Southend on Sea house price to earnings ratio

The median property price to median earnings ratio is ranging between 8.9 in Castle Point and 9 in Southend-on-Sea. Ie. Castle Point resident with middle-income needs 8.9 gross annual salaries to buy a medium-priced property. Resident in Southend-on-Sea needs 9 annual salaries. The England and Wales ratio was 7.7 in 2019.
Southend on Sea house price to earnings ratio history

Local authorityMedian house price to median salary ratio in 2019
England and Wales7.7
Castle Point8.9
Rochford8.9
Basildon9
Southend-on-Sea9

Other reports for Southend-on-Sea postcode area

new home prices

property transactions

salary and unemployment

home features

energy costs

home energy certificates

population statistics

crime statistics

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