House Prices in SS7 House Prices in SS7 (Benfleet)

The average house price in SS7 (Benfleet) is £415,500 using HM Land Registry data.

The average property price increased by £101,457 (16.56%) over the last 5 years and increased by £20,283 (2.67%) over the last 12 months.

Over the last year, there were 466 residential property sales – a decrease of 311 transactions (-66.74%) relative to the previous year. The majority of house sales (142) were in the £320,000 - £390,000 range. Then came properties in the £390,000 - £460,000 range, where 98 were sold within this price bracket.

Excluding fall throughs, properties are taking an average of 81 days to sell (from being listed to completion) and the average difference between asking and sold prices is £-14,931 (-3%).

In June 2024, there were 129 new estate agency instructions, 94 agreed home sales and 81 property price reductions.

5-Year Average Property Prices in SS7 (Benfleet)

16.56%

Property prices in Benfleet increased by 16.56% 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 SS7 (Benfleet) Over the Last Year

2.67%

Property prices in Benfleet increased by 2.67% 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 SS7 (Benfleet) - June 2024

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 81 to 100 days, the broad evidence suggests a very slow moving market. This can often be due to estate agency over-valuations out of sync with the realities, a notable market slowdown or a combination of both. In such scenarios, vendors may either choose to wait for the market to pick up (which may result in relisting the property at a later date). Those committed to selling will often need to drop the price to a level that will entice genuine homebuyer 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 SS7 (Benfleet)

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 SS7 (Benfleet)

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 SS7 (Benfleet)

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 SS7 (Benfleet) Postcode since 1995

Using HM Land Registry data, this chart displays average annual house prices in the SS7 postcode area since 1995.

Recent Sales in SS7 (Benfleet)

AddressInitial PriceSold PricePrice ChangeFirst Listed DateSold DateDays to Sell
20 Lewes Way, Benfleet, Essex, SS7 3RZ£339,995£310,000-£29,99520 Nov 202318 Apr 2024150 Days
18 Northern Avenue, Benfleet, Essex, SS7 5SN£350,000£340,000-£10,00005 Jan 202418 Apr 2024104 Days
25 Bradley Close, Benfleet, Essex, SS7 3AH£325,000£317,000-£8,00020 Sep 202309 Apr 2024202 Days
12 Romsey Road, Benfleet, Essex, SS7 5TP£400,000£390,000-£10,00025 Aug 202308 Apr 2024227 Days
Flat 1, The Hawthorns, Meadow Road, Benfleet, Essex, SS7 2DP£230,000£220,000-£10,00002 Oct 202322 Mar 2024172 Days
107a, High Street, Benfleet, Essex, SS7 1ND£240,000£226,000-£14,00019 Oct 202322 Mar 2024155 Days
16 Chancel Close, Benfleet, Essex, SS7 4ET£350,000£350,000£0028 Oct 202320 Mar 2024144 Days
28 Church Road, Benfleet, Essex, SS7 4BW£350,000£330,000-£20,00022 Sep 202308 Mar 2024168 Days
76 Moreland Avenue, Benfleet, Essex, SS7 4HB£350,000£350,000£0028 Jul 202306 Mar 2024222 Days
54 Templewood Court, Benfleet, Essex, SS7 2RH£225,000£120,000-£105,00021 Sep 202304 Mar 2024165 Days
12 Kempton Close, Benfleet, Essex, SS7 3SG£325,000£325,000£0002 Nov 202329 Feb 2024119 Days
Flat 4, Saxon Court, London Road, Benfleet, Essex, SS7 4BY£165,000£160,000-£5,00025 Aug 202327 Feb 2024186 Days
Flat 18, Willow Lodge, Hart Road, Thundersley, Benfleet, Essex, SS7 3PQ£175,000£170,000-£5,00026 Jun 202327 Feb 2024246 Days
9 Shepherds Walk, Benfleet, Essex, SS7 2LP£535,000£525,000-£10,00006 Nov 202326 Feb 2024112 Days
109 Clifton Avenue, Benfleet, Essex, SS7 5QU£495,000£485,000-£10,00015 Sep 202323 Feb 2024161 Days
6 Ormonde Avenue, Hadleigh, Benfleet, Essex, SS7 2EN£525,000£515,000-£10,00013 Oct 202322 Feb 2024132 Days
9 Alma Close, Benfleet, Essex, SS7 2EG£375,000£375,000£0004 Oct 202319 Feb 2024138 Days
382 High Road, Benfleet, Essex, SS7 5HL£495,000£495,000£0001 Nov 202316 Feb 2024107 Days
1 Chancel Close, Benfleet, Essex, SS7 4ET£400,000£380,000-£20,00010 Jan 202409 Feb 202430 Days
1 Mornington Crescent, Hadleigh, Benfleet, Essex, SS7 2HW£500,000£490,000-£10,00027 Nov 202309 Feb 202474 Days

Most Expensive Streets in SS7 (Benfleet)

PostcodeStreetAreaAverageNo. of Sales
SS7 1QGBenfleet RoadBenfleet£1,338,7504
SS7 1RFShipwrights DriveBenfleet£1,290,0003
SS7 1TYNetherfieldBenfleet£813,3336
SS7 1QQBenfleet RoadBenfleet£800,3336
SS7 3DRSwale MewsBenfleet£783,7508
SS7 3UGHart RoadBenfleet£769,0003
SS7 2UTHaresland CloseBenfleet£767,5003
SS7 3DLThe ChaseBenfleet£763,3333
SS7 1AHThundersley Park RoadBenfleet£762,8395
SS7 3DUHackamoreBenfleet£754,3754

Least Expensive Streets in SS7 (Benfleet)

PostcodeStreetAreaAverageNo. of Sales
SS7 4NWHazelwoodBenfleet£164,54511
SS7 1FGRobins PathBenfleet£167,6005
SS7 5UGLyndbourne Court, London RoadBenfleet£168,83312
SS7 1BDLondon RoadBenfleet£172,00010
SS7 4BYSaxon Court, London RoadBenfleet£176,22218
SS7 4HJRoseberry Court, Roseberry AvenueBenfleet£179,3333
SS7 5HXKentwell Court, High RoadBenfleet£180,7504
SS7 1LYKings Lodge, Benfleet RoadBenfleet£181,00010
SS7 5HZHigh RoadBenfleet£185,1254
SS7 5ADHigh RoadBenfleet£188,3333

Explore SS7 (Benfleet) using map