According to the public record, 38, Delaware Road, Southend-On-Sea is a mid-century leasehold apartment with 678 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
Delaware Road, Shoeburyness, Southend-On-Sea, SS3 is located within the SS3 postal district.
38, Delaware Road, Southend-On-Sea has 2 entries in the Land Registry database, most recently in January 2018 and a single entry in the EPC database dated August 2014.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
Based on public information available, and assuming the property is in reasonable condition, we estimate the current sale value for 38 Delaware Road Southend-On-Sea as £184,280 and the rental value as £1,026 per month giving an expected gross yield of 6.7%.
Over the last 12 months the sale value of 38 Delaware Road Southend-On-Sea has increased by £4,844 (2.6%) and its rental value has increased by £64 per month (6.2%).
Decorative condition can have a big effect on a property's value and this effect varies depending on the type, size and location of the property.
If 38, Delaware Road, Southend-On-Sea is in very good condition we estimate a sale value of £193,494 and rental value of £1,078 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £171,380 and a rental value of £954 per month.
If you were able to purchase this property for the estimated value of £184,280, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £906 per month.
This figure is only an estimate but we've partnered with Mortgage Advice Bureau who can provide a figure tailored for you! Get started using their mortgage finder below.
According to HM Land Registry, 38, Delaware Road, Southend-On-Sea was last sold on 29 Jan 2018 for £158,000 and was recorded as a leasehold flat.
The property has had 2 sales since 1995.
Since Jan 2018, the market for similar properties has risen 15.3%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 38, Delaware Road, Southend-On-Sea within a radius of 570 metres over the last 2 years.
The most recent example is 134, Blyth Avenue, Southend-On-Sea, SS3 9NL, a Leasehold flat which sold for £160,000 in Jan 2024.
Read more about house prices in SS3.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Delaware Road, Shoeburyness, Southend-On-Sea, SS3 has a total of 118 addresses. According to our analysis of all the public data, 38, Delaware Road, Southend-On-Sea is the 84th largest and the 44th most expensive property on the street.
When compared to the postcode district it is £174k less expensive than the average property in SS3.
38, Delaware Road, Southend-On-Sea has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 21 Aug 2014.
The property is connected to mains gas and has fully double glazed windows. It is heated using a boiler and radiators.
The closest station to 38, Delaware Road, Southend-On-Sea is Thorpe Bay station which is 600 metres away.
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
The recent census recorded whether a resident owned or rented their home.
In the area around 38, Delaware Road, Southend-On-Sea, 77.3% of property is socially rented and 11.4% is privately rented.
The graph below shows how this compares to Greater London and the rest of England & Wales.
The recent census recorded the highest level of education achieved by residents in the local area.
In the area around 38, Delaware Road, Southend-On-Sea, 28.3% of residents are recorded as possessing school level qualifications and 15.4% as possessing degree level qualifications.
The graph below shows how this compares to Greater London and the rest of England & Wales
The most recent census in 2021 recorded the age of all UK residents.
In the area around 38, Delaware Road, Southend-On-Sea, the average age was 41.5 and the most common age was 52.
The graph below shows how this compares to East of England and the rest of England & Wales
The recent census recorded whether a property was a primary or secondary home for the resident.
In the area around 38, Delaware Road, Southend-On-Sea, 0.0% of property was a second home.
Comparison figures for East of England and the rest of England & Wales are listed below.
The recent census recorded the number of cars registered in each household.
In the area around 38, Delaware Road, Southend-On-Sea, there are an average of 0.6 cars per household.
See below for how this compares to East of England and the rest of England & Wales.