You are here: Property Solvers Home Homeowners Hub UK House Prices House Prices in Thundersley and South Benfleet

Thundersley and South Benfleet House Prices

The average house price in Thundersley and South Benfleet is £398,791 using HM Land Registry data.

The average property price increased by £105,991 (30.51%) over the last 5 years and increased by £21,183 (4.9%) over the last 12 months.

Over the last year, there were 476 residential property sales – a decrease of 292 transactions (-61.34%) relative to the previous year. The majority of house sales (127) were in the £342,000 - £404,000 range. Then came properties in the £404,000 - £466,000 range, where 92 were sold within this price bracket.

Excluding fall throughs, properties are taking an average of 83 days to sell (from being listed to completion) and the average difference between asking and sold prices is £-11,155 (-1%).

In April 2024, there were 131 new estate agency instructions, 95 agreed home sales and 69 property price reductions.

5-Year Average Property Prices in Thundersley and South Benfleet

30.51%

Property prices in Thundersley and South Benfleet increased by 30.51% 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 Thundersley and South Benfleet Over the Last Year

4.9%

Property prices in Thundersley and South Benfleet increased by 4.9% 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.

Property Market Heat Gauge for Thundersley and South Benfleet - April 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 Thundersley and South 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 Thundersley and South 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 Thundersley and South 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 Thundersley and South Benfleet since 1995

Using HM Land Registry data, this chart displays average annual house prices in the Thundersley and South Benfleet area since 1995.

Recent Property Sales in Thundersley and South Benfleet

Address	Initial Price	Sold Price	Price Change	First Listed Date	Sold Date	Days to Sell
Flat 1, The Hawthorns, Meadow Road, Benfleet, Essex, SS7 2DP	£230,000	£220,000	-£10,000	02 Oct 2023	22 Mar 2024	172 Days
54 Templewood Court, Benfleet, Essex, SS7 2RH	£225,000	£120,000	-£105,000	21 Sep 2023	04 Mar 2024	165 Days
12 Kempton Close, Benfleet, Essex, SS7 3SG	£325,000	£325,000	£00	02 Nov 2023	29 Feb 2024	119 Days
Flat 4, Saxon Court, London Road, Benfleet, Essex, SS7 4BY	£165,000	£160,000	-£5,000	25 Aug 2023	27 Feb 2024	186 Days
Flat 18, Willow Lodge, Hart Road, Thundersley, Benfleet, Essex, SS7 3PQ	£175,000	£170,000	-£5,000	26 Jun 2023	27 Feb 2024	246 Days
9 Shepherds Walk, Benfleet, Essex, SS7 2LP	£535,000	£525,000	-£10,000	06 Nov 2023	26 Feb 2024	112 Days
109 Clifton Avenue, Benfleet, Essex, SS7 5QU	£495,000	£485,000	-£10,000	15 Sep 2023	23 Feb 2024	161 Days
382 High Road, Benfleet, Essex, SS7 5HL	£495,000	£495,000	£00	01 Nov 2023	16 Feb 2024	107 Days
1 Chancel Close, Benfleet, Essex, SS7 4ET	£400,000	£380,000	-£20,000	10 Jan 2024	09 Feb 2024	30 Days
1 Mornington Crescent, Hadleigh, Benfleet, Essex, SS7 2HW	£500,000	£490,000	-£10,000	27 Nov 2023	09 Feb 2024	74 Days
64 The Malyons, Benfleet, Essex, SS7 1TU	£430,000	£430,000	£00	21 Sep 2023	26 Jan 2024	127 Days
41 Fleet Road, Benfleet, Essex, SS7 5JL	£525,000	£523,000	-£2,000	02 Feb 2023	24 Jan 2024	356 Days
34 Kents Hill Road, Benfleet, Essex, SS7 5PL	£400,000	£369,500	-£30,500	31 Jul 2023	24 Jan 2024	177 Days
10 Badgers Way, Benfleet, Essex, SS7 1TR	£750,000	£715,000	-£35,000	31 Jul 2023	24 Jan 2024	177 Days
19 Lea Road, Benfleet, Essex, SS7 5UU	£375,000	£355,000	-£20,000	28 Mar 2023	24 Jan 2024	302 Days
7 Dalwood Gardens, Benfleet, Essex, SS7 2NN	£575,000	£550,000	-£25,000	14 Aug 2023	15 Jan 2024	154 Days
157 Cumberland Avenue, Benfleet, Essex, SS7 1DX	£375,000	£370,000	-£5,000	19 Sep 2023	05 Jan 2024	108 Days
59 Essex Way, Benfleet, Essex, SS7 1LS	£400,000	£380,000	-£20,000	07 Sep 2023	18 Dec 2023	102 Days
Flat 2, Saxon Court, London Road, Benfleet, Essex, SS7 4BY	£215,000	£207,500	-£7,500	29 Jun 2023	14 Dec 2023	168 Days
Cherryton, The Common, Benfleet, Essex, SS7 3LE	£399,995	£390,000	-£9,995	07 Aug 2023	14 Dec 2023	129 Days

Most Expensive Streets in Thundersley and South Benfleet

Postcode	Street	Area	Average	No. of Sales
SS7 1QG	Benfleet Road	Benfleet	£1,338,750	4
SS7 1RF	Shipwrights Drive	Benfleet	£1,290,000	3
SS7 1TY	Netherfield	Benfleet	£813,333	6
SS7 1QQ	Benfleet Road	Benfleet	£800,333	6
SS7 3DR	Swale Mews	Benfleet	£783,750	8
SS7 3UG	Hart Road	Benfleet	£769,000	3
SS7 2UT	Haresland Close	Benfleet	£767,500	3
SS7 3DL	The Chase	Benfleet	£763,333	3
SS7 1AH	Thundersley Park Road	Benfleet	£762,839	5
SS7 3DU	Hackamore	Benfleet	£754,375	4

Least Expensive Streets in Thundersley and South Benfleet

Postcode	Street	Area	Average	No. of Sales
SS7 4NW	Hazelwood	Benfleet	£162,500	12
SS7 5UG	Lyndbourne Court	London Road	£167,038	13
SS7 1BD	London Road	Benfleet	£169,166	9
SS7 1FG	Robins Path	Benfleet	£170,500	4
SS7 4BY	Saxon Court	London Road	£176,470	17
SS7 4HJ	Roseberry Court	Roseberry Avenue	£179,333	3
SS7 5HX	Kentwell Court	High Road	£180,750	4
SS7 1LY	Kings Lodge	Benfleet Road	£181,000	10
SS7 5HZ	High Road	Benfleet	£185,125	4
SS7 1NY	Queens Lodge	Benfleet Road	£191,186	8