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Parkgate Franklins Way is a residential building situated on Franklins Way, Wickford, SS11 with 6 addresses.
It ranks as the 143rd largest and 147th most expensive of the 171 buildings in the SS11 area. The dominant property type is a modern flat built after 1980.
The building contains a total of 6 properties: 6 flats.
Parkgate Franklins Way is a residential building situated on Franklins Way, Wickford, SS11 with 6 addresses.
It ranks as the 143rd largest and 147th most expensive of the 171 buildings in the SS11 area. The dominant property type is a modern flat built after 1980.
The building contains a total of 6 properties: 6 flats.
Sale prices range from £218,931 for 1 bedroom leasehold flats (422 ft2) to £349,122 for 3 bedroom leasehold flats (893 ft2) .
Monthly rental prices range from £903 pcm for 1 bed flats to £1,446 pcm for 3 bed flats.
The gross rental yield is between 4.9% and 5.0%.
The average value per square foot is £450.
The last sale in Parkgate Franklins Way sold for £225,000 on 25th May 2017. Since then prices are up an average of 13.9%.
The current average value in the building is £276,051.
The Parkgate Franklins Way Sales Market has increased by 13.7% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| May 2026 | -1% | £276,051 |
| May 2025 | -1% | £278,899 |
| May 2024 | -1.4% | £281,837 |
| May 2023 | -1.4% | £285,883 |
| May 2022 | 5.2% | £289,838 |
| May 2021 | 3.3% | £275,423 |
| May 2020 | 2.6% | £266,555 |
| May 2019 | -2.1% | £259,899 |
| May 2018 | 1.8% | £265,549 |
| May 2017 | 7.4% | £260,727 |
| May 2016 | 13.5% | £242,779 |
| May 2015 | 9.5% | £213,891 |
| May 2014 | 6.8% | £195,345 |
| May 2013 | 2.6% | £182,892 |
| May 2012 | -1.4% | £178,234 |
| May 2011 | -1.2% | £180,795 |
| May 2010 | 1.4% | £183,053 |
| May 2009 | -12.9% | £180,522 |
| May 2008 | 4.6% | £207,319 |
| May 2007 | 0% | £198,187 |
The current average rental value in the building is £1,142.
The Parkgate Franklins Way Rental Market has increased by 33.4% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| May 2026 | 3.3% | £1,142pcm |
| May 2025 | 3.9% | £1,106pcm |
| May 2024 | 8.6% | £1,064pcm |
| May 2023 | 6% | £980pcm |
| May 2022 | 5.6% | £925pcm |
| May 2021 | 1.2% | £876pcm |
| May 2020 | 0.4% | £866pcm |
| May 2019 | 0.2% | £862pcm |
| May 2018 | 1.1% | £860pcm |
| May 2017 | -0.7% | £850pcm |
| May 2016 | 5.7% | £856pcm |
| May 2015 | 4.1% | £810pcm |
| May 2014 | 3.6% | £778pcm |
| May 2013 | 0.8% | £751pcm |
| May 2012 | 1% | £745pcm |
| May 2011 | 2.6% | £738pcm |
| May 2010 | 1.1% | £720pcm |
| May 2009 | -6.7% | £712pcm |
| May 2008 | 3.6% | £763pcm |
| May 2007 | 0% | £737pcm |
The last sale was on 25th May 2017 for £225,000 and since then the market in the area has increased by 13.9%. The building has had a total of 8 sales since 1995.
Parkgate, Franklins Way, Wickford, SS11 8AT has seen no sales in the last three years and no sales in the last twelve months.
The closest station to Parkgate, Franklins Way, Wickford, SS11 8AT is Wickford station which is 600 metres away.
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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 Parkgate, Franklins Way, Wickford, SS11 8AT, 34.2% of property is socially rented and 29.8% is privately owned outright.
The graph below shows how this compares to East of England 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 Parkgate, Franklins Way, Wickford, SS11 8AT, 13.2% of residents are recorded as possessing school level qualifications and 19.3% as possessing degree level qualifications.
The graph below shows how this compares to East of England and the rest of England & Wales.
The most recent census in 2021 recorded the age of all UK residents.
In the area around Parkgate, Franklins Way, Wickford, SS11 8AT, the average age was 43.3 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 Parkgate, Franklins Way, Wickford, SS11 8AT, 0.8% 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 Parkgate, Franklins Way, Wickford, SS11 8AT, there are an average of 1.3 cars per household.
See below for how this compares to East of England and the rest of England & Wales.