Southend-On-Sea Property Market 2015

Story Highlights

  • Southend-On-Sea had total property sales of £985 millions in 2015.
  • The total number of properties sold in 2015, in Southend-On-Sea was 3,712
  • The average sales price in Southend-On-Sea was £265 K whereas median was £220 K
  •  New Property sales in Southend-On-Sea contributed 9.41% and Not New Property contributed 90.59%

 

Southend-On-Sea has unitary authority status in East of England.

 

Total Sales By Property Type

Southend-On-Sea - Total Sales By Property Type

Southend-On-Sea had total sales of £985 millions.

It was 2.86% of East England Property Market 2015. 

The split across the different property types are :

  • Semi-Detached at £271 millions (27.5%)
  • Detached at £224 millions (22.75%)
  • Flat/Maisonette at £218 millions (22.18%)
  • Terraced at £191 millions (19.41%)
  • Other at £80 millions (8.15%)

 

 

Total No Of Properties Sold By Property Type

Southend-On-Sea - Total No Of Properties Sold By Property Type

The total property sales of £985 millions in 2015 was spread over 3,712 properties.

  • Terraced properties at 816 (21.98%) 
  • Detached at 529 (14,25%)
  • Semi-Detached at 937 (25.24%)  
  • Flat/Maisonette at 1,365 (36.77%)
  • Others at  65 (1.75%). 

 

 

Average & Median Sales Price

Southend-On-Sea - Average & Median Sales Price

The average sales price in Southend-On-Sea was £265 K.

For the different property types it was:

  • Detached at £424 K
  • Semi-Detached at £289 K
  • Terraced at £234 K
  • Flat/Maisonette at £160 K
  • Other it is at £124 millions.

 

Similarly median sales price in Southend-On-Sea was £220 K.

For the different property types it was:

  • Detached at £380 K
  • Semi-Detached at £260 K
  • Terraced at £217 K
  • Flat/Maisonette at £145 K
  • Other it is at £356 K

 

 

 

New Vs Not New Property Statistics

Southend-On-Sea - New Vs Not New Property Statistics

By Sales Values the split is as follows:

  • New Properties contributed £30 millions (9.41%) 
  • Not New Property contributed £955 millions (90.59%)

 

By Total Number the split is as follows:

  • New properties sold were 98 (8.87%)
  • Not new property sold were 3,614 (91.13%).

 

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