According to the public record, 41B, Cambridge Road, Southend-On-Sea is a period leasehold apartment with 850 ft2 of internal area.
Apartments of this size in this area normally have 3 bedrooms.
The apartment is in 41, Cambridge Road, Southend-On-Sea, SS1.
Cambridge Road, Southend-On-Sea, SS1 is located within the SS1 postal district.
41B, Cambridge Road, Southend-On-Sea has 41 entries in the Land Registry database, most recently in April 2013 and a single entry in the EPC database dated February 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 41B Cambridge Road Southend-On-Sea as £287,361 and the rental value as £1,269 per month giving an expected gross yield of 5.3%.
Over the last 12 months the sale value of 41B Cambridge Road Southend-On-Sea has increased by £8,535 (3.0%) and its rental value has increased by £89 per month (7.0%).
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 41B, Cambridge Road, Southend-On-Sea is in very good condition we estimate a sale value of £301,730 and rental value of £1,333 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £267,246 and a rental value of £1,180 per month.
If you were able to purchase this property for the estimated value of £287,361, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,412 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, 41B, Cambridge Road, Southend-On-Sea was last sold on 30 Apr 2013 for £160,000 and was recorded as a leasehold flat.
The property has had 4 sales since 1995.
Since Apr 2013, the market for similar properties has risen 64.8%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 41B, Cambridge Road, Southend-On-Sea within a radius of 400 metres over the last 2 years.
The most recent example is Flat 6, 33, Clifftown Parade, Southend-On-Sea, SS1 1DL, a Leasehold flat which sold for £305,000 in May 2022.
Read more about house prices in SS1.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Cambridge Road, Southend-On-Sea, SS1 has a total of 190 addresses. According to our analysis of all the public data, 41B, Cambridge Road, Southend-On-Sea is the 72nd largest and the 74th most expensive property on the street.
When compared to the postcode district it is £116k less expensive than the average property in SS1.
41B, Cambridge Road, Southend-On-Sea has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 23 Feb 2021.
The property is connected to mains gas and has single glazed windows. It is heated using a boiler and radiators.
The closest station to 41B, Cambridge Road, Southend-On-Sea is Southend Central station which is 300 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 41B, Cambridge Road, Southend-On-Sea, 46.9% of property is privately owned outright and 28.6% 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 41B, Cambridge Road, Southend-On-Sea, 8.7% of residents are recorded as possessing school level qualifications and 31.8% 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 41B, Cambridge 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 41B, Cambridge Road, Southend-On-Sea, 2.2% 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 41B, Cambridge Road, Southend-On-Sea, there are an average of 0.8 cars per household.
See below for how this compares to East of England and the rest of England & Wales.