According to the public record, Flat 3, 29, Clifftown Parade, Southend-On-Sea is a period leasehold apartment with 818 ft2 of internal area.
Apartments of this size in this area normally have 3 bedrooms.
The apartment is in 29, Clifftown Parade, Southend-On-Sea, SS1.
Clifftown Parade, Southend-On-Sea, SS1 is located within the SS1 postal district.
Flat 3, 29, Clifftown Parade, Southend-On-Sea has 2 entries in the Land Registry database, most recently in September 2022 and a single entry in the EPC database dated March 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 Flat 3 29 Clifftown Parade Southend-On-Sea as £391,701 and the rental value as £1,673 per month giving an expected gross yield of 5.1%.
Over the last 12 months the sale value of Flat 3 29 Clifftown Parade Southend-On-Sea has increased by £12,444 (3.2%) and its rental value has increased by £120 per month (7.2%).
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 Flat 3, 29, Clifftown Parade, Southend-On-Sea is in very good condition we estimate a sale value of £411,286 and rental value of £1,757 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £364,282 and a rental value of £1,556 per month.
If you were able to purchase this property for the estimated value of £391,701, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,925 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, Flat 3, 29, Clifftown Parade, Southend-On-Sea was last sold on 01 Sep 2022 for £387,500 and was recorded as a leasehold flat.
The property has had 2 sales since 1995.
Since Sep 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 Flat 3, 29, Clifftown Parade, Southend-On-Sea within a radius of 500 metres over the last 2 years.
The most recent example is 3A, Clifftown Parade, Southend-On-Sea, SS1 1DP, a Leasehold flat which sold for £330,000 in Jan 2023.
Read more about house prices in SS1.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Clifftown Parade, Southend-On-Sea, SS1 has a total of 114 addresses. According to our analysis of all the public data, Flat 3, 29, Clifftown Parade, Southend-On-Sea is the 50th largest and the 33rd most expensive property on the street.
When compared to the postcode district it is £12k less expensive than the average property in SS1.
Flat 3, 29, Clifftown Parade, Southend-On-Sea has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 17 Mar 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 Flat 3, 29, Clifftown Parade, Southend-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 Flat 3, 29, Clifftown Parade, Southend-On-Sea, 41.9% of property is privately owned outright and 38.7% 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 Flat 3, 29, Clifftown Parade, Southend-On-Sea, 6.0% of residents are recorded as possessing school level qualifications and 34.2% 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 Flat 3, 29, Clifftown Parade, 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 Flat 3, 29, Clifftown Parade, Southend-On-Sea, 2.0% 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 Flat 3, 29, Clifftown Parade, Southend-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.