According to the public record, Flat 4, 112, Southbourne Grove, Westcliff-On-Sea is a early-century leasehold apartment with 688 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms with a garden.
The apartment is in 112, Southbourne Grove, Westcliff-On-Sea, SS0.
Southbourne Grove, Westcliff-On-Sea, SS0 is located within the SS0 postal district.
Flat 4, 112, Southbourne Grove, Westcliff-On-Sea has 41 entries in the Land Registry database, most recently in July 2016 and a single entry in the EPC database dated December 2022.
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 4 112 Southbourne Grove Westcliff-On-Sea as £229,373 and the rental value as £1,209 per month giving an expected gross yield of 6.3%.
Over the last 12 months the sale value of Flat 4 112 Southbourne Grove Westcliff-On-Sea has increased by £2,257 (1.0%) and its rental value has increased by £63 per month (5.2%).
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 4, 112, Southbourne Grove, Westcliff-On-Sea is in very good condition we estimate a sale value of £240,842 and rental value of £1,270 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £213,317 and a rental value of £1,125 per month.
If you were able to purchase this property for the estimated value of £229,373, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,127 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 4, 112, Southbourne Grove, Westcliff-On-Sea was last sold on 29 Jul 2016 for £201,000 and was recorded as a leasehold flat.
The property has had 4 sales since 1995.
Since Jul 2016, the market for similar properties has risen 18.6%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 4, 112, Southbourne Grove, Westcliff-On-Sea within a radius of 410 metres over the last 2 years.
The most recent example is 52A, Southbourne Grove, Westcliff-On-Sea, SS0 9UT, a Leasehold flat which sold for £215,000 in May 2023.
Read more about house prices in SS0.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Southbourne Grove, Westcliff-On-Sea, SS0 has a total of 337 addresses. According to our analysis of all the public data, Flat 4, 112, Southbourne Grove, Westcliff-On-Sea is the 272nd largest and the 270th most expensive property on the street.
When compared to the postcode district it is £106k less expensive than the average property in SS0.
Flat 4, 112, Southbourne Grove, Westcliff-On-Sea has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 29 Dec 2022.
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 4, 112, Southbourne Grove, Westcliff-On-Sea is Chalkwell station which is 1.3 kilometres 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 4, 112, Southbourne Grove, Westcliff-On-Sea, 38.1% of property is privately rented and 37.4% 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 Flat 4, 112, Southbourne Grove, Westcliff-On-Sea, 16.2% of residents are recorded as possessing school level qualifications and 37.1% 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 4, 112, Southbourne Grove, Westcliff-On-Sea, the average age was 36.1 and the most common age was 37.
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 4, 112, Southbourne Grove, 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 Flat 4, 112, Southbourne Grove, Westcliff-On-Sea, there are an average of 1.2 cars per household.
See below for how this compares to East of England and the rest of England & Wales.