House prices in Southend-on-Sea have gone down by an average of over £3,000 in the month of June, according to figures from the Land Registry.

The latest data from the government department reveals that in June 2022 average house prices in Southend-on-Sea reached £329,583.

This was down from £332,691 in May, representing a 0.9 per cent decrease. In the last 12 months it has risen by 6.6 per cent.

If you are interested in buying or renting a home, you can see the latest properties in and around Southend-on-Sea here.

How much have house prices decreased in Southend-on-Sea?

Breaking it down for specific types of housing, all prices saw a decrease.

  • Detached houses - Down to £631,287 from £640,530 in May
  • Semi-detached houses - Down to £421,912 from £425,933 in May
  • Terraced houses - Down to £329,467 from £331,674 in May
  • Flats - Down to £210,006 from £211,803 in May

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How do Southend-on-Sea house prices compare to the UK average?

Despite the fall in prices this month, Southend-on-Sea is still  above the UK average with a typical property value in the nations reaching £286,397 in June.

In cash terms, the average house price in June was £20,721 higher than a year earlier with house price growth accelerating to 7.8 per cent in June 2022.  Prices were up by 1.0 per cent month on month.

How much could your house be worth?

We have created this map for the East of England so you can see the average house price in each neighbourhood since 1995.

Sites like Zoopla can offer an estimate valuation of your house if you input your postcode into their website here.

The above map can demonstrate which areas of Southend-on-Sea are the most expensive for average house prices.