According to the public record, 4 Wellands Apartments, Berdens, Basildon is a leasehold apartment.
By comparing it to neighbours, we estimate that it is a modern apartment with 406 ft2 of internal area.
Apartments of this size in this area normally have 1 bedroom.
The apartment is in 4, Berdens, Basildon, SS16.
Berdens, Basildon, SS16 is located in the borough of Basildon within the SS16 postal district.
4 Wellands Apartments, Berdens, Basildon has 2 entries in the Land Registry database, most recently in January 2016 and no records in the EPC database.
We combine this sold price information with public data of neighbouring properties to estimate the attributes and values.
Based on public information available, and assuming the property is in reasonable condition, we estimate the current sale value for 4 Wellands Apartments Berdens Basildon as £72,667 and the rental value as £456 per month giving an expected gross yield of 7.5%.
Over the last 12 months the sale value of 4 Wellands Apartments Berdens Basildon has increased by £680 (0.9%) and its rental value has increased by £27 per month (6.0%).
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 4 Wellands Apartments, Berdens, Basildon is in very good condition we estimate a sale value of £76,301 and rental value of £478 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £67,581 and a rental value of £424 per month.
If you were able to purchase this property for the estimated value of £72,667, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £357 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, 4 Wellands Apartments, Berdens, Basildon was last sold on 29 Jan 2016 for £55,000 and was recorded as a leasehold flat.
The property has had 2 sales since 1995.
Since Jan 2016, the market for similar properties has risen 29.0%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 4 Wellands Apartments, Berdens, Basildon within a radius of 9m over the last 2 years.
The most recent example is 2 Wellands Apartments, Berdens, Basildon, SS16 4DR, a Leasehold flat which sold for £52,500 in Feb 2009.
Read more about house prices in SS16.
Berdens, Basildon, SS16 has a total of 51 addresses. According to our analysis of all the public data, 4 Wellands Apartments, Berdens, Basildon is the 51st largest and the 51st most expensive property on the street.
When compared to the postcode district it is £276k less expensive than the average property in SS16.
The closest station to 4 Wellands Apartments, Berdens, Basildon is Basildon station which is 1.5 km away.