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According to the public record, 34, Kelso Close, Rayleigh is a modern leasehold apartment with 785 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
Based on available information, and assuming reasonable condition, the estimated sale value for 34, Kelso Close, Rayleigh is £259,569 and the estimated rental value is £1,196 per month.
Kelso Close, Rayleigh, SS6 is located in the borough of Rochford within the SS6 postal district.
34, Kelso Close, Rayleigh has 41 entries in the Land Registry , most recently in January 2021 and a single entry in the EPC database dated August 2020.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 4 out of 5 and is considered of high 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 34, Kelso Close, Rayleigh is in very good condition we estimate a sale value of £272,547 and a rental value of £1,255 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £241,399 and a rental value of £1,112 per month.
Over the last 12 months the sale value of 34 Kelso Close Rayleigh has decreased by an estimated £572 (0.2%) and its rental value has increased by an estimated £24 per month (2.0%), giving an expected gross yield of 5.5%.
34, Kelso Close, Rayleigh has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 05 Aug 2020.
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, 34, Kelso Close, Rayleigh was last sold on 12th January 2021 for £255,000 and was recorded as a leasehold flat.
The property has had 4 sales since 1995.
Since January 2021, the market for similar properties has dropped 9.5%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 34, Kelso Close, Rayleigh within a radius of 840 metres over the last 2 years.
The most recent example is 24, Kelso Close, Rayleigh, SS6 9RT, a leasehold flat which sold for £260,000 on the 1st December 2023.
Read more about house prices in SS6.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Kelso Close, Rayleigh, SS6 has a total of 52 addresses. According to our analysis of all the public data, 34, Kelso Close, Rayleigh is the 39th largest and the 41st most expensive property on the street.
When compared to the postcode district it is £182k less expensive than the average property in SS6.
The closest station to 34, Kelso Close, Rayleigh is Rayleigh station which is 1.5 kilometres away.
According to recent data from Ofcom, superfast broadband is available in this area.
According to recent data from Ofcom, Superfast 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.
The recent census recorded whether a resident owned or rented their home.
In the area around 34, Kelso Close, Rayleigh, 53.3% of property is privately owned with a mortgage and 36.4% 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 34, Kelso Close, Rayleigh, 20.2% of residents are recorded as possessing school level qualifications and 27.8% 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 34, Kelso Close, Rayleigh, the average age was 45.2 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 34, Kelso Close, Rayleigh, 0.4% 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 34, Kelso Close, Rayleigh, there are an average of 1.7 cars per household.
See below for how this compares to East of England and the rest of England & Wales.
