According to the public record, 40A, Hamlet Road, Southend-On-Sea is a early-century leasehold apartment with 376 ft2 of internal area.
Apartments of this size in this area normally have 1 bedroom with a garden.
The apartment is in 40, Hamlet Road, Southend-On-Sea, SS1.
Hamlet Road, Southend-On-Sea, SS1 is located within the SS1 postal district.
40A, Hamlet Road, Southend-On-Sea has a single entry in the Land Registry database from June 2006 and a single entry in the EPC database dated July 2017.
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 40A Hamlet Road Southend-On-Sea as £131,174 and the rental value as £801 per month giving an expected gross yield of 7.3%.
Over the last 12 months the sale value of 40A Hamlet Road Southend-On-Sea has increased by £2,302 (1.8%) and its rental value has increased by £45 per month (5.7%).
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 40A, Hamlet Road, Southend-On-Sea is in very good condition we estimate a sale value of £137,733 and rental value of £841 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £121,992 and a rental value of £745 per month.
If you were able to purchase this property for the estimated value of £131,174, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £645 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, 40A, Hamlet Road, Southend-On-Sea was last sold on 05 Jun 2006 for £83,050 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 40A, Hamlet Road, Southend-On-Sea within a radius of 390 metres over the last 2 years.
The most recent example is Flat 36, Napier Court West, Gordon Place, Southend-On-Sea, SS1 1NH, a Leasehold flat which sold for £157,500 in Mar 2024.
Read more about house prices in SS1.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Hamlet Road, Southend-On-Sea, SS1 has a total of 53 addresses. According to our analysis of all the public data, 40A, Hamlet Road, Southend-On-Sea is the 49th largest and the 48th most expensive property on the street.
When compared to the postcode district it is £273k less expensive than the average property in SS1.
40A, Hamlet Road, Southend-On-Sea has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 17 Jul 2017.
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 40A, Hamlet Road, Southend-On-Sea is Southend Central station which is 400 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 40A, Hamlet Road, Southend-On-Sea, 48.9% of property is privately rented and 29.0% 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 40A, Hamlet Road, Southend-On-Sea, 17.5% of residents are recorded as possessing school level qualifications and 37.7% 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 40A, Hamlet Road, Southend-On-Sea, the average age was 39.9 and the most common age was 32.
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 40A, Hamlet Road, 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 40A, Hamlet Road, 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.