According to the public record, 5, Westminster Drive, Westcliff-On-Sea is a period apartment with 602 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms with a garden.
The apartment is in 5, Westminster Drive, Westcliff-On-Sea, SS0.
Westminster Drive, Westcliff-On-Sea, SS0 is located within the SS0 postal district.
5, Westminster Drive, Westcliff-On-Sea has no recent1 records in the Land Registry database and a single entry in the EPC database dated February 2021.
We combine this information with public data 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 Westminster Drive Westcliff-On-Sea as £195,335 and the rental value as £1,089 per month giving an expected gross yield of 6.7%.
Over the last 12 months the sale value of 5 Westminster Drive Westcliff-On-Sea has increased by £1,880 (1.0%) and its rental value has increased by £57 per month (5.2%).
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 5, Westminster Drive, Westcliff-On-Sea is in very good condition we estimate a sale value of £205,102 and rental value of £1,143 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £181,662 and a rental value of £1,013 per month.
If you were able to purchase this property for the estimated value of £195,335, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £960 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, Westminster Drive, Westcliff-On-Sea was last sold on 29 Nov 1996 for £20,000 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 5, Westminster Drive, Westcliff-On-Sea within a radius of 420 metres over the last 2 years.
The most recent example is 33, Westminster Drive, Westcliff-On-Sea, SS0 9SJ, a Leasehold flat which sold for £250,000 in Jan 2024.
Read more about house prices in SS0.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Westminster Drive, Westcliff-On-Sea, SS0 has a total of 203 addresses. According to our analysis of all the public data, 5, Westminster Drive, Westcliff-On-Sea is the 160th largest and the 159th most expensive property on the street.
When compared to the postcode district it is £140k less expensive than the average property in SS0.
5, Westminster Drive, Westcliff-On-Sea has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 12 Feb 2021.
The property is connected to mains gas and has partial double glazing. It is heated using a boiler and radiators.
The closest station to 5, Westminster Drive, Westcliff-On-Sea is Chalkwell station which is 1.1 kilometres 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, Westminster Drive, Westcliff-On-Sea, 40.2% of property is privately owned with a mortgage and 35.9% 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 5, Westminster Drive, Westcliff-On-Sea, 18.0% of residents are recorded as possessing school level qualifications and 24.9% 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, Westminster Drive, Westcliff-On-Sea, the average age was 36.1 and the most common age was 37.
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, Westminster Drive, Westcliff-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, Westminster Drive, Westcliff-On-Sea, there are an average of 1.1 cars per household.
See below for how this compares to East of England and the rest of England & Wales.