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Apartments of this size in this area normally have 3 bedrooms.
Based on available information, and assuming reasonable condition, the estimated sale value for 16, Wool Pack, Southend-On-Sea is £145,973 and the estimated rental value is £868 per month.
Wool Pack, Shoeburyness, Southend-On-Sea, SS3 is located within the SS3 postal district.
16, Wool Pack, Southend-On-Sea has a single entry in the Land Registry from March 2016 and a single entry in the EPC database dated March 2022.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 2 out of 5 and is considered of medium accuracy.
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 16, Wool Pack, Southend-On-Sea is in very good condition we estimate a sale value of £153,271 and a rental value of £912 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £135,754 and a rental value of £807 per month.
Over the last 12 months the sale value of 16 Wool Pack Southend-On-Sea has decreased by an estimated £3,201 (2.2%) and its rental value has increased by an estimated £7 per month (0.8%), giving an expected gross yield of 7.1%.
16, Wool Pack, Southend-On-Sea has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 14 Mar 2022.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
According to HM Land Registry, 16, Wool Pack, Southend-On-Sea was last sold on 31st March 2016 for £107,000 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since March 2016, the market for similar properties has risen 73.1%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 16, Wool Pack, Southend-On-Sea within a radius of 560 metres over the last 2 years.
The most recent example is 83, Saxon Gardens, Southend-On-Sea, SS3 9PP, a leasehold flat which sold for £173,000 on the 3rd February 2022.
Read more about house prices in SS3.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Wool Pack, Shoeburyness, Southend-On-Sea, SS3 has a total of 16 addresses. According to our analysis of all the public data, 16, Wool Pack, Southend-On-Sea is the largest and the most expensive property on the street.
When compared to the postcode district it is £210k less expensive than the average property in SS3.
The closest station to 16, Wool Pack, Southend-On-Sea is Thorpe Bay station which is 1.0 kilometres away.
According to recent data from Ofcom, ultrafast broadband is available in this area.
According to recent data from Ofcom, Ultrafast broadband is available in the area.
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
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The recent census recorded whether a resident owned or rented their home.
In the area around 16, Wool Pack, Southend-On-Sea, 69.9% of property is socially rented and 11.5% 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 16, Wool Pack, Southend-On-Sea, 32.1% of residents are recorded as possessing school level qualifications and 17.5% 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 16, Wool Pack, Southend-On-Sea, the average age was 41.5 and the most common age was 52.
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 16, Wool Pack, Southend-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 16, Wool Pack, Southend-On-Sea, there are an average of 0.8 cars per household.
See below for how this compares to East of England and the rest of England & Wales.