According to the public record, 78 Grampian, Westcliff-On-Sea is a mid-century leasehold apartment with 516 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
The apartment is in Grampian, Balmoral Road, Westcliff-On-Sea, SS0.
Balmoral Road, Westcliff-On-Sea, SS0 is located within the SS0 postal district.
78 Grampian, Westcliff-On-Sea has a single entry in the Land Registry database from September 2007 and a single entry in the EPC database dated December 2018.
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 78 Grampian Westcliff-On-Sea as £93,525 and the rental value as £564 per month giving an expected gross yield of 7.2%.
Over the last 12 months the sale value of 78 Grampian Westcliff-On-Sea has increased by £1,803 (1.9%) and its rental value has increased by £34 per month (6.1%).
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 78 Grampian, Westcliff-On-Sea is in very good condition we estimate a sale value of £98,201 and rental value of £592 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £86,978 and a rental value of £524 per month.
If you were able to purchase this property for the estimated value of £93,525, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £460 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, 78 Grampian, Westcliff-On-Sea was last sold on 14 Sep 2007 for £69,995 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since Sep 2007, the market for similar properties has risen 45.4%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 78 Grampian, Westcliff-On-Sea within a radius of 360 metres over the last 2 years.
The most recent example is 56 Brecon, Salisbury Avenue, Westcliff-On-Sea, SS0 7BE, a Leasehold flat which sold for £75,000 in Aug 2022.
Read more about house prices in SS0.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Balmoral Road, Westcliff-On-Sea, SS0 has a total of 220 addresses. According to our analysis of all the public data, 78 Grampian, Westcliff-On-Sea is the 172nd largest and the 218th most expensive property on the street.
When compared to the postcode district it is £242k less expensive than the average property in SS0.
78 Grampian, Westcliff-On-Sea has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 10 Dec 2018.
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 78 Grampian, Westcliff-On-Sea is Southend Victoria station which is 800 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 78 Grampian, Westcliff-On-Sea, 45.2% of property is privately rented and 37.9% is socially 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 78 Grampian, Westcliff-On-Sea, 20.0% of residents are recorded as possessing school level qualifications and 45.4% 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 78 Grampian, Westcliff-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 78 Grampian, 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 78 Grampian, Westcliff-On-Sea, there are an average of 0.7 cars per household.
See below for how this compares to East of England and the rest of England & Wales.