According to the public record, 1C, Park Road, Westcliff-On-Sea is a modern leasehold apartment with 731 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
The apartment is in 1, Park Road, Westcliff-On-Sea, SS0.
Park Road, Westcliff-On-Sea, SS0 is located within the SS0 postal district.
1C, Park Road, Westcliff-On-Sea has 21 entries in the Land Registry database, most recently in January 2022 and a single entry in the EPC database dated November 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 1C Park Road Westcliff-On-Sea as £210,378 and the rental value as £1,131 per month giving an expected gross yield of 6.5%.
Over the last 12 months the sale value of 1C Park Road Westcliff-On-Sea has increased by £3,753 (1.8%) and its rental value has increased by £67 per month (5.9%).
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 1C, Park Road, Westcliff-On-Sea is in very good condition we estimate a sale value of £220,897 and rental value of £1,187 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £195,652 and a rental value of £1,052 per month.
If you were able to purchase this property for the estimated value of £210,378, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,034 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, 1C, Park Road, Westcliff-On-Sea was last sold on 25 Jan 2022 for £195,500 and was recorded as a leasehold flat.
The property has had 2 sales since 1995.
Since Jan 2022, the market for similar properties has risen 2.0%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 1C, Park Road, Westcliff-On-Sea within a radius of 400 metres over the last 2 years.
The most recent example is Flat 6, Regents Court 151, Alexandra Road, Southend-On-Sea, SS1 1HE, a Leasehold flat which sold for £230,000 in Jul 2023.
Read more about house prices in SS0.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Park Road, Westcliff-On-Sea, SS0 has a total of 112 addresses. According to our analysis of all the public data, 1C, Park Road, Westcliff-On-Sea is the 58th largest and the 65th most expensive property on the street.
When compared to the postcode district it is £125k less expensive than the average property in SS0.
1C, Park Road, Westcliff-On-Sea has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 26 Nov 2018.
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 1C, Park Road, Westcliff-On-Sea is Southend Central station which is 500 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 1C, Park Road, Westcliff-On-Sea, 53.3% of property is privately rented and 28.6% 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 1C, Park Road, Westcliff-On-Sea, 14.2% of residents are recorded as possessing school level qualifications and 34.3% 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 1C, Park Road, Westcliff-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 1C, Park Road, 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 1C, Park Road, Westcliff-On-Sea, there are an average of 1.0 cars per household.
See below for how this compares to East of England and the rest of England & Wales.