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Public records show 59, Market Hill, Maldon to be a modern leasehold apartment with 775 ft2 of internal area.
In this area, apartments of this size normally have 2 bedrooms.
59, Market Hill, Maldon has an estimated sale value of £262,825 and an estimated rental value of £1,163 per month, assuming reasonable condition and based on the information available.
Market Hill, Maldon, CM9 lies in the borough of Maldon, within the CM9 postal district.
59, Market Hill, Maldon has 21 entries in the Land Registry , most recently in December 2013 and a single entry in the EPC database dated November 2012.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 3 out of 5 and is considered of medium accuracy.
In very good condition, we estimate 59, Market Hill, Maldon would be worth £275,966, with a potential rental value of £1,221 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £244,427, with a rental value of £1,081 per month.
The extent to which decoration affects a property's value depends on its type, size and location.
The estimated sale value of 59, Market Hill, Maldon has declined by £4,609 (1.8%) over the last year. During the same period, its estimated monthly rental value has climbed by £29 (2.5%). The property's estimated gross yield is currently 5.3%.
59, Market Hill, Maldon has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 24 Nov 2012.
The property is not connected to mains gas and has fully triple glazed windows. It is heated using Boiler and radiators, mains gas.
59, Market Hill, Maldon last changed hands on 11th December 2013, selling for £200,000. The transaction was logged as a leasehold flat by HM Land Registry.
In total it has sold twice since 1995.
The market for similar properties has risen by 15.0% since December 2013.
Land Registry records and our Estate Agent network show 3 sales of comparable properties within 730 metres of 59, Market Hill, Maldon across the last 2 years.
Most recently, Flat 3, Allin House, Bull Lane, Maldon, CM9 4QB, a leasehold flat, sold at £272,500 on the 22nd November 2023.
Read more about house prices in CM9.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Our analysis of the public data ranks 59, Market Hill, Maldon as the 30th largest and the 34th most expensive of the 47 addresses on Market Hill, Maldon, CM9.
Against the CM9 postcode district average, it is £139k less expensive than the typical property.
Hatfield Peverel station is the nearest stop to 59, Market Hill, Maldon at 7.8 kilometres away.
Ofcom's latest figures show superfast broadband available in this area.
According to recent data from Ofcom, Superfast broadband is available in the area.
Environment Agency data suggests this area has a very low risk of flooding.
The recent census recorded whether a resident owned or rented their home.
In the area around 59, Market Hill, Maldon, 44.4% of property is privately owned outright and 22.2% is privately rented.
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 59, Market Hill, Maldon, 6.2% of residents are recorded as possessing school level qualifications and 31.6% 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 59, Market Hill, Maldon, the average age was 45.6 and the most common age was 57.
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 59, Market Hill, Maldon, 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 59, Market Hill, Maldon, 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.