According to the public record, Flat B, 5, Avenue Road, Westcliff-On-Sea is a period leasehold apartment with 387 ft2 of internal area.
Apartments of this size in this area normally have 1 bedroom with a garden.
The apartment is in 5, Avenue Road, Westcliff-On-Sea, SS0.
Avenue Road, Westcliff-On-Sea, SS0 is located within the SS0 postal district.
Flat B, 5, Avenue Road, Westcliff-On-Sea has 71 entries in the Land Registry database, most recently in November 2022 and a single entry in the EPC database dated June 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 B 5 Avenue Road Westcliff-On-Sea as £156,679 and the rental value as £944 per month giving an expected gross yield of 7.2%.
Over the last 12 months the sale value of Flat B 5 Avenue Road Westcliff-On-Sea has increased by £2,087 (1.3%) and its rental value has increased by £51 per month (5.4%).
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 B, 5, Avenue Road, Westcliff-On-Sea is in very good condition we estimate a sale value of £164,512 and rental value of £991 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £145,711 and a rental value of £878 per month.
If you were able to purchase this property for the estimated value of £156,679, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £770 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 B, 5, Avenue Road, Westcliff-On-Sea was last sold on 11 Nov 2022 for £162,000 and was recorded as a leasehold flat.
The property has had 7 sales since 1995.
Since Nov 2022, the market for similar properties has risen 0.8%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat B, 5, Avenue Road, Westcliff-On-Sea within a radius of 390 metres over the last 2 years.
The most recent example is Flat 3, 14, Park Road, Westcliff-On-Sea, SS0 7PE, a Leasehold flat which sold for £152,000 in Feb 2022.
Read more about house prices in SS0.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Avenue Road, Westcliff-On-Sea, SS0 has a total of 104 addresses. According to our analysis of all the public data, Flat B, 5, Avenue Road, Westcliff-On-Sea is the 104th largest and the 104th most expensive property on the street.
When compared to the postcode district it is £179k less expensive than the average property in SS0.
Flat B, 5, Avenue Road, Westcliff-On-Sea has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 13 Jun 2022.
The property is connected to mains gas and has single glazed windows. It is heated using a boiler and radiators.
The closest station to Flat B, 5, Avenue Road, Westcliff-On-Sea is Southend Central station which is 600 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 B, 5, Avenue Road, Westcliff-On-Sea, 48.8% of property is privately rented and 35.1% 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 B, 5, Avenue Road, Westcliff-On-Sea, 13.3% of residents are recorded as possessing school level qualifications and 35.8% 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 Flat B, 5, Avenue 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 Flat B, 5, Avenue 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 Flat B, 5, Avenue 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.