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

The average house price in SS8 (Canvey Island) is £319,533 using HM Land Registry data.

The average property price increased by £90,675 (14.16%) over the last 5 years and increased by £18,127 (2.32%) over the last 12 months.

Over the last year, there were 350 residential property sales – a decrease of 133 transactions (-38.00%) relative to the previous year. The majority of house sales (78) were in the £278,000 - £316,000 range. Then came properties in the £240,000 - £278,000 range, where 75 were sold within this price bracket.

Excluding fall throughs, properties are taking an average of 100 days to sell (from being listed to completion) and the average difference between asking and sold prices is £-8,105 (-2%).

In June 2024, there were 98 new estate agency instructions, 80 agreed home sales and 69 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) - 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 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
22 Winterswyk Avenue, Canvey Island, Essex, SS8 8PA£325,000£315,000-£10,00019 Jul 202324 May 2024310 Days
8a, Urmond Road, Canvey Island, Essex, SS8 9AD£250,000£250,000£0024 Nov 202326 Apr 2024154 Days
22 Dewyk Road, Canvey Island, Essex, SS8 8BD£350,000£330,000-£20,00022 Jan 202426 Apr 202495 Days
29 Kitkatts Road, Canvey Island, Essex, SS8 0DW£310,000£292,000-£18,00008 Aug 202312 Apr 2024248 Days
19 Winterswyk Avenue, Canvey Island, Essex, SS8 8NX£300,000£290,000-£10,00029 Jan 202411 Apr 202473 Days
10 Labworth Road, Canvey Island, Essex, SS8 7BP£255,000£255,000£0016 Nov 202328 Mar 2024133 Days
21 Griffin Avenue, Canvey Island, Essex, SS8 8BE£220,000£220,000£0023 Oct 202322 Mar 2024151 Days
6 Lincoln Way, Canvey Island, Essex, SS8 9SE£280,000£280,000£0012 Nov 202321 Mar 2024130 Days
31 Holbek Road, Canvey Island, Essex, SS8 8NS£230,000£220,000-£10,00012 Sep 202315 Mar 2024185 Days
22 Corona Road, Canvey Island, Essex, SS8 8EZ£265,000£260,000-£5,00028 Sep 202313 Mar 2024167 Days
39 Tewkes Road, Canvey Island, Essex, SS8 8HF£230,000£220,000-£10,00014 Nov 202308 Mar 2024115 Days
7 Labworth Road, Canvey Island, Essex, SS8 7BP£275,000£260,000-£15,00003 Oct 202308 Mar 2024157 Days
18 Kellington Road, Canvey Island, Essex, SS8 8EH£250,000£245,000-£5,00025 Sep 202305 Mar 2024162 Days
Lyndale, Camperdown Road, Canvey Island, Essex, SS8 8BA£325,000£282,500-£42,50026 Sep 202323 Feb 2024150 Days
11 Runnymede Road, Canvey Island, Essex, SS8 0EF£599,995£567,500-£32,49501 Dec 202321 Feb 202482 Days
130 Second Avenue, Canvey Island, Essex, SS8 9LN£250,000£250,000£0008 Aug 202313 Feb 2024189 Days
51 Nevada Road, Canvey Island, Essex, SS8 8EY£250,000£245,000-£5,00005 Aug 202313 Feb 2024192 Days
19 Thorney Bay Road, Canvey Island, Essex, SS8 0HG£360,000£352,000-£8,00009 Oct 202312 Feb 2024126 Days
69 Sydervelt Road, Canvey Island, Essex, SS8 9AJ£400,000£380,000-£20,00017 Mar 202312 Feb 2024332 Days
108 Fourth Walk, Canvey Island, Essex, SS8 9ST£280,000£270,000-£10,00019 Aug 202308 Feb 2024173 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£571,6254
SS8 0AUCleveland RoadCanvey Island£508,1254
SS8 7QUBeveland RoadCanvey Island£496,2504
SS8 7BSLabworth RoadCanvey Island£488,7504
SS8 9FDCastle View RoadCanvey Island£470,6005
SS8 0HQThorney Bay RoadCanvey Island£468,8889
SS8 9NZPapenburg RoadCanvey Island£458,3333

Least Expensive Streets in SS8 (Canvey Island)

PostcodeStreetAreaAverageNo. of Sales
SS8 7SBVenables Court, Venables CloseCanvey Island£144,4287
SS8 9ULThe Ashleighs, Sanders RoadCanvey Island£147,5717
SS8 9XGHilton RoadCanvey Island£162,2005
SS8 8AAElder Tree RoadCanvey Island£182,0007
SS8 7HQMayflower Court, May AvenueCanvey Island£182,5003
SS8 0JNLong RoadCanvey Island£186,3326
SS8 9PZElsinor AvenueCanvey Island£192,83212
SS8 7DNThe River Front, Eastern EsplanadeCanvey Island£195,80010
SS8 9UNBadgers Rise, Sanders RoadCanvey Island£202,6663
SS8 7PDSeaview RoadCanvey Island£207,2503

Explore SS8 (Canvey Island) using map

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