According to the public record, 7, Richmond Avenue, Southend-On-Sea is a period freehold house with 1,280 ft2 of internal area and sits on a 219 m2 plot.
Houses of this size in this area normally have 4 bedrooms with a garden.
Richmond Avenue, Shoeburyness, Southend-On-Sea, SS3 is located within the SS3 postal district.
7, Richmond Avenue, Southend-On-Sea has a single entry in the Land Registry database from May 2021 and a single entry in the EPC database dated August 2020.
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 7 Richmond Avenue Southend-On-Sea as £343,530 and the rental value as £1,581 per month giving an expected gross yield of 5.5%.
Over the last 12 months the sale value of 7 Richmond Avenue Southend-On-Sea has increased by £4,600 (1.3%) and its rental value has increased by £76 per month (4.8%).
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 7, Richmond Avenue, Southend-On-Sea is in very good condition we estimate a sale value of £360,706 and rental value of £1,660 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £319,483 and a rental value of £1,470 per month.
If you were able to purchase this property for the estimated value of £343,530, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,688 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, 7, Richmond Avenue, Southend-On-Sea sits on a plot of 219m2.
We have plot size data on 30 out of 51 other houses in the postcode and 7, Richmond Avenue, Southend-On-Sea sits on the 18th largest plot.
According to HM Land Registry, 7, Richmond Avenue, Southend-On-Sea was last sold on 07 May 2021 for £315,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since May 2021, the market for similar properties has risen 7.7%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 7, Richmond Avenue, Southend-On-Sea within a radius of 540 metres over the last 2 years.
The most recent example is 74, Richmond Avenue, Southend-On-Sea, SS3 9LG, a Freehold house which sold for £350,000 in Jul 2023.
Read more about house prices in SS3.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Richmond Avenue, Shoeburyness, Southend-On-Sea, SS3 has a total of 150 addresses. According to our analysis of all the public data, 7, Richmond Avenue, Southend-On-Sea is the 28th largest and the 37th most expensive property on the street.
When compared to the postcode district it is £15k less expensive than the average property in SS3.
7, Richmond Avenue, Southend-On-Sea has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 29 Aug 2020.
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 7, Richmond Avenue, Southend-On-Sea is Shoeburyness 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 7, Richmond Avenue, Southend-On-Sea, 39.7% of property is privately owned with a mortgage and 33.1% 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 7, Richmond Avenue, Southend-On-Sea, 28.0% of residents are recorded as possessing school level qualifications and 20.2% 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 7, Richmond Avenue, 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 7, Richmond Avenue, 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 7, Richmond Avenue, Southend-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.