According to the public record, 5, Victoria Court 12, Southend-On-Sea is a period leasehold apartment with 398 ft2 of internal area.
Apartments of this size in this area normally have 1 bedroom.
The apartment is in Victoria Court, Sweyne Avenue, Southend-On-Sea, SS2.
Sweyne Avenue, Southend-On-Sea, SS2 is located within the SS2 postal district.
5, Victoria Court 12, Southend-On-Sea has 21 entries in the Land Registry database, most recently in June 2007 and a single entry in the EPC database dated March 2021.
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 5 Victoria Court 12 Southend-On-Sea as £128,908 and the rental value as £777 per month giving an expected gross yield of 7.2%.
Over the last 12 months the sale value of 5 Victoria Court 12 Southend-On-Sea has increased by £2,623 (2.0%) and its rental value has increased by £46 per month (5.9%).
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 5, Victoria Court 12, Southend-On-Sea is in very good condition we estimate a sale value of £135,353 and rental value of £816 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £119,884 and a rental value of £722 per month.
If you were able to purchase this property for the estimated value of £128,908, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £634 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, 5, Victoria Court 12, Southend-On-Sea was last sold on 18 Jun 2007 for £90,000 and was recorded as a leasehold flat.
The property has had 2 sales since 1995.
Since Jun 2007, the market for similar properties has risen 47.2%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 5, Victoria Court 12, Southend-On-Sea within a radius of 340 metres over the last 2 years.
The most recent example is 2, Victoria Court 12, Sweyne Avenue, Southend-On-Sea, SS2 6FQ, a Leasehold flat which sold for £123,000 in Mar 2020.
Read more about house prices in SS2.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Sweyne Avenue, Southend-On-Sea, SS2 has a total of 101 addresses. According to our analysis of all the public data, 5, Victoria Court 12, Southend-On-Sea is the 99th largest and the 99th most expensive property on the street.
When compared to the postcode district it is £161k less expensive than the average property in SS2.
5, Victoria Court 12, Southend-On-Sea has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 09 Mar 2021.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Room heaters, electric.
The closest station to 5, Victoria Court 12, Southend-On-Sea is Southend Victoria 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 5, Victoria Court 12, Southend-On-Sea, 49.7% of property is privately rented and 23.2% is privately owned with a mortgage.
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 5, Victoria Court 12, Southend-On-Sea, 27.7% of residents are recorded as possessing school level qualifications and 28.3% 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 5, Victoria Court 12, Southend-On-Sea, the average age was 35.9 and the most common age was 27.
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 5, Victoria Court 12, 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 5, Victoria Court 12, Southend-On-Sea, there are an average of 0.9 cars per household.
See below for how this compares to East of England and the rest of England & Wales.