According to the public record, 6, Exhibition Lane, Southend-On-Sea is a period freehold house and with 688 ft2 of internal area and sits on a 138 m2 plot.
Houses of this size in this area normally have 2 bedrooms with a garden.
Exhibition Lane, Great Wakering, Southend-On-Sea, SS3 is located in the borough of Rochford within the SS3 postal district.
6, Exhibition Lane, Southend-On-Sea has a single entry in the Land Registry database from October 2022 and a single entry in the EPC database dated August 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 6 Exhibition Lane Southend-On-Sea as £272,036 and the rental value as £1,265 per month giving an expected gross yield of 5.6%.
Over the last 12 months the sale value of 6 Exhibition Lane Southend-On-Sea has increased by £3,880 (1.4%) and its rental value has increased by £62 per month (4.9%).
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 6, Exhibition Lane, Southend-On-Sea is in very good condition we estimate a sale value of £285,638 and rental value of £1,328 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £252,994 and a rental value of £1,176 per month.
If you were able to purchase this property for the estimated value of £272,036, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,337 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 data from HM Land Registry, 6, Exhibition Lane, Southend-On-Sea sits on a plot of 138m2.
We have plot size data on 7 out of 13 other houses in the postcode and 6, Exhibition Lane, Southend-On-Sea sits on the 3rd largest plot.
According to HM Land Registry, 6, Exhibition Lane, Southend-On-Sea was last sold on 24 Oct 2022 for £260,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since Oct 2022, the market for similar properties has dropped 2.6%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 6, Exhibition Lane, Southend-On-Sea within a radius of 248m over the last 2 years.
The most recent example is 296, High Street, Southend-On-Sea, SS3 0HX, a Freehold house which sold for £322,000 in Jul 2023.
Read more about house prices in SS3.
Exhibition Lane, Great Wakering, Southend-On-Sea, SS3 has a total of 13 addresses. According to our analysis of all the public data, 6, Exhibition Lane, Southend-On-Sea is the 7th largest and the 8th most expensive property on the street.
When compared to the postcode district it is £87k less expensive than the average property in SS3.
6, Exhibition Lane, Southend-On-Sea has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 19 Aug 2021.
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 6, Exhibition Lane, Southend-On-Sea is Shoeburyness station which is 2.5 km 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 6, Exhibition Lane, Southend-On-Sea, 50.3% of property is privately owned outright and 33.1% 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 6, Exhibition Lane, Southend-On-Sea, 20.2% of residents are recorded as possessing school level qualifications and 17.8% 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 6, Exhibition Lane, Southend-On-Sea, the average age was 42.9 and the most common age was 57.
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 6, Exhibition Lane, 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 6, Exhibition Lane, Southend-On-Sea, there are an average of 1.6 cars per household.
See below for how this compares to East of England and the rest of England & Wales.