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Southend housing market continues to boom

8/8/2013

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From the Echo: August 8th, 2013

Southend had the second highest number of property sales in Essex in the last financial year, with an average price of £212,000.

More than 2,500 homes in Southend were bought and sold, according to data published by the Taxpayers’ Alliance, proving the area has a buoyant housing market.

John Matthews, 60, of Windsor Way, Rayleigh, was amazed when he sold his late father’s three-bedroom semidetached house in Keith Way, Prittlewell, just two months after putting it on the market.

He accepted the first offer, which was just below the asking price of £190,000.

Mr Matthews said: “I was surprised how quickly the house sold. But I was also surprised how much interest we had with viewings.

“We decided to leave the house as it was and the family who bought it were happy, because they got a bit of a bargain in return for doing it up themselves.

“I think a lot of it is down to luck and if the right people are looking at the right time, but I know the property market, in Southend especially, is really strong at the moment.

“It’s good for everyone that house sales are booming, especially after we’ve faced a poor economy for the past few years.”

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