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House Prices in SS8 House Prices in SS8 (Canvey Island)

The average house price in SS8 (Canvey Island) is £334,160 using HM Land Registry data.

The average property price increased by £84,277 (14.16%) over the last 5 years and increased by £16,887 (2.32%) over the last 12 months.

Over the last year, there were 332 residential property sales – a decrease of 119 transactions (-35.84%) relative to the previous year. The majority of house sales (77) were in the £278,000 - £316,000 range. Then came properties in the £240,000 - £278,000 range, where 72 were sold within this price bracket.

Excluding fall throughs, properties are taking an average of 80 days to sell (from being listed to completion) and the average difference between asking and sold prices is £-8,105 (-2%).

In Oct 24, there were 83 new estate agency instructions, 77 agreed home sales and 63 property price reductions.

Nearby Postcodes: CM13, DA12, ME11, ME2, ME3, ME4, ME7, ME9, RM14, RM16, RM18, SS0, SS12, SS13, SS14, SS15, SS16, SS17, SS2, SS4, SS5, SS6, SS7, SS9, SS99

5-Year Average Property Prices in SS8 (Canvey Island)

14.16%

Property prices in Canvey Island increased by 14.16% in last 5 years.

The trend shows the general price tendency over the last 5 years, ignoring all month-to-month fluctuations where anomalies - typically over or underpriced property sales - can skew results. These monthly variations typically do not have any long-term relevance.

We have used linear regression method. The volume of sales in a month is used to put more weight on months with a larger number of properties sold. Additionally, weighting decreases the impact of months with low sales volumes as well as the most recent month - which may consist of incomplete data. Such months have a higher variation of average sale values which may conceal the underlying trend.

From a statistical perspective, we use the least squares method to fit the trend line and weights are equal to the volume of sales squared. The volume of sales is not shown explicitly in the above plot. Also note the time lag for HM Land Registry data to appear (typically 2 to 3 months).

Average Property Prices in SS8 (Canvey Island) Over the Last Year

2.32%

Property prices in Canvey Island increased by 2.32% in last 12 months.

The trend shows the general price tendency over the last 12 months, ignoring all month-to-month fluctuations where anomalies - typically over or underpriced property sales - can skew results. These monthly variations typically do not have any long-term relevance.

We have used linear regression method. The volume of sales in a month is used to put more weight on months with a larger number of properties sold. Additionally, weighting decreases the impact of months with low sales volumes as well as the most recent month - which may consist of incomplete data. Such months have a higher variation of average sale values which may conceal the underlying trend.

From a statistical perspective, we use the least squares method to fit the trend line and weights are equal to the volume of sales squared. The volume of sales is not shown explicitly in the above plot. Also note the time lag for HM Land Registry data to appear (typically 2 to 3 months).

Property Market Heat Gauge for SS8 (Canvey Island) - Oct 24

Our Property Market Heat Gauge looks at how long properties in your postcode district have been on the open market before being changed to sold 'Subject to Contract' ('STC') or 'Under Offer' on Rightmove (the UK's leading property portal).

At 61 to 80 days, the broad evidence suggests a slow moving market. This can often be due to estate agency over-valuations out of sync with the realities, a market slowdown or a combination of both. In such scenarios, some vendors may either choose to wait for the market to pick up (which may result in some relisting the property at a later date). Others simply reduce the price to a level that will entice more buyer interest or approach a sell house fast or auction company like Property Solvers.

Please note that this is not an indicator of how quickly property sales are taking to complete (i.e. to go through the whole conveyancing process). This measurement also does not take into account the risk of home sales falling through.

No. of New Instructions Over the Last 12 Months in SS8 (Canvey Island)

Using local estate agency reported data, this chart illustrates the number of properties that have come on to the market.

No. of Agreed Home Sales Over the Last 12 Months in SS8 (Canvey Island)

Using local estate agency reported data, this chart illustrates the number of property sales agreed. Note that these figures are not fully reflective of properties completed (sold and registered as such at HM Land Registry).

No. of Properties with Price Reductions in SS8 (Canvey Island)

Using local estate agency reported data, this chart illustrates the number of properties which have been seen their prices dropped (typically due to a lack of buyer interest).

Average Annual House Prices in the SS8 (Canvey Island) Postcode since 1995

Using HM Land Registry data, this chart displays average annual house prices in the SS8 postcode area since 1995.

Recent Sales in SS8 (Canvey Island)

AddressInitial PriceSold PricePrice ChangeFirst Listed DateSold DateDays to Sell
73a, May Avenue, Canvey Island, Essex, SS8 7EY£269,995£249,995-£20,00020 Apr 202422 Aug 2024124 Days
61 Central Wall Road, Canvey Island, Essex, SS8 9PJ£325,000£325,000£0021 Mar 202416 Aug 2024148 Days
36 Mayland Avenue, Canvey Island, Essex, SS8 0BU£325,000£315,000-£10,00008 Mar 202416 Aug 2024161 Days
12 Jarvis Road, Canvey Island, Essex, SS8 9FJ£490,000£490,000£0003 Feb 202416 Aug 2024195 Days
43 Brandenburg Road, Canvey Island, Essex, SS8 8EN£370,000£370,000£0025 Apr 202407 Aug 2024104 Days
12 Jason Close, Canvey Island, Essex, SS8 9QT£300,000£295,000-£5,00026 Apr 202406 Aug 2024102 Days
63a, Central Wall Road, Canvey Island, Essex, SS8 9PJ£375,000£365,000-£10,00010 May 202402 Aug 202484 Days
28 Bommel Avenue, Canvey Island, Essex, SS8 7QT£400,000£375,000-£25,00003 Feb 202431 Jul 2024179 Days
8 Thielen Road, Canvey Island, Essex, SS8 9BA£325,000£310,000-£15,00030 Dec 202331 Jul 2024214 Days
17 Avondale Walk, Canvey Island, Essex, SS8 9SD£300,000£292,000-£8,00008 May 202430 Jul 202483 Days
25 Clifton Road, Canvey Island, Essex, SS8 0EE£325,000£305,000-£20,00020 May 202424 Jul 202465 Days
23 Wittem Road, Canvey Island, Essex, SS8 8DD£285,000£285,000£0026 Oct 202322 Jul 2024270 Days
112 Second Avenue, Canvey Island, Essex, SS8 9LN£249,750£242,500-£7,25011 Mar 202405 Jul 2024116 Days
46 Waalwyk Drive, Canvey Island, Essex, SS8 8BN£385,000£385,000£0008 Feb 202428 Jun 2024141 Days
72 Steli Avenue, Canvey Island, Essex, SS8 9QF£425,000£425,000£0024 Jan 202428 Jun 2024156 Days
33 Surig Road, Canvey Island, Essex, SS8 9EP£325,000£322,500-£2,50029 Dec 202326 Jun 2024180 Days
74 Central Avenue, Canvey Island, Essex, SS8 9QR£280,000£278,500-£1,50028 Feb 202425 Jun 2024118 Days
39 South Parade, Canvey Island, Essex, SS8 7PG£325,000£300,000-£25,00021 Sep 202320 Jun 2024273 Days
Pleasant View, Kellington Road, Canvey Island, Essex, SS8 8EL£480,000£480,000£0019 Aug 202307 Jun 2024293 Days
27 St Marks Road, Canvey Island, Essex, SS8 9NJ£300,000£293,000-£7,00022 Jan 202431 May 2024130 Days

Most Expensive Streets in SS8 (Canvey Island)

PostcodeStreetAreaAverageNo. of Sales
SS8 0JLLong RoadCanvey Island£783,3333
SS8 7BLFurtherwick RoadCanvey Island£746,6663
SS8 9PUGeorge CloseCanvey Island£628,7504
SS8 7TNSilver Point MarineCanvey Island£542,8754
SS8 0AUCleveland RoadCanvey Island£509,1663
SS8 7QUBeveland RoadCanvey Island£496,2504
SS8 7BSLabworth RoadCanvey Island£488,7504
SS8 9FJJarvis RoadCanvey Island£483,3333
SS8 9REPrince William AvenueCanvey Island£471,7333
SS8 9PWPapenburg RoadCanvey Island£471,0003

Least Expensive Streets in SS8 (Canvey Island)

PostcodeStreetAreaAverageNo. of Sales
SS8 7SBVenables Court, Venables CloseCanvey Island£146,8336
SS8 9ULThe Ashleighs, Sanders RoadCanvey Island£149,7147
SS8 9XGHilton RoadCanvey Island£162,2005
SS8 8AAElder Tree RoadCanvey Island£179,2508
SS8 7HQMayflower Court, May AvenueCanvey Island£182,5003
SS8 0JNLong RoadCanvey Island£183,4996
SS8 7DNThe River Front, Eastern EsplanadeCanvey Island£191,0008
SS8 9UNBadgers Rise, Sanders RoadCanvey Island£202,6663
SS8 9PZElsinor AvenueCanvey Island£206,6109
SS8 7PDSeaview RoadCanvey Island£207,2503

Explore SS8 (Canvey Island) using map

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