61, Lancaster Avenue
61, Lancaster Avenue
Description & Estimates
Public records show 61, Lancaster Avenue, Maldon to be a modern leasehold apartment with 710 ft2 of internal area.
In this area, apartments of this size normally have 2 bedrooms.
61, Lancaster Avenue, Maldon has an estimated sale value of £242,457 and an estimated rental value of £1,143 per month, assuming reasonable condition and based on the information available.
Lancaster Avenue, Maldon, CM9 lies in the borough of Maldon, within the CM9 postal district.
Our Data Sources
61, Lancaster Avenue, Maldon has a single entry in the Land Registry from November 2022 and a single entry in the EPC database dated November 2022.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 5 out of 5 and is considered of high accuracy.
Price Range & Condition
In very good condition, we estimate 61, Lancaster Avenue, Maldon would be worth £254,579, with a potential rental value of £1,200 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £225,485, with a rental value of £1,063 per month.
The extent to which decoration affects a property's value depends on its type, size and location.
Recent Market Change
The estimated sale value of 61, Lancaster Avenue, Maldon has dropped by £4,252 (1.8%) over the last year. During the same period, its estimated monthly rental value has risen by £28 (2.5%). The property's estimated gross yield is currently 5.7%.
Energy Efficiency
61, Lancaster Avenue, Maldon has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 01 Nov 2022.
The property is not connected to mains gas and has high performance glazing. It is heated using Boiler and radiators, mains gas.
Sold Prices
61, Lancaster Avenue, Maldon last changed hands on 30th November 2022, selling for £285,000. The transaction was logged as a leasehold flat by HM Land Registry.
That is its only recorded sale since 1995.
The market for similar properties has dropped by 13.0% since November 2022.
- Sold Nov 2022£285,000
Similar Properties Sold Nearby
Land Registry records and our Estate Agent network show 3 sales of comparable properties within 780 metres of 61, Lancaster Avenue, Maldon across the last 2 years.
Most recently, 74, Sunderland Avenue, Maldon, CM9 6NA, a leasehold flat, sold at £289,000 on the 27th January 2023.
Read more about house prices in CM9.
- Sold Jan 2023£289,000 | 2 Bed Flat74, Sunderland Avenue, Maldon, CM9 6NA74, Sunderland Avenue, Maldon, CM9 6NA
- Sold Dec 2022£287,000 | 2 Bed Flat63, Lancaster Avenue, Maldon, CM9 6FY63, Lancaster Avenue, Maldon, CM9 6FY
- Sold Dec 2022£289,000 | 2 Bed Flat92, Sunderland Avenue, Maldon, CM9 6NA92, Sunderland Avenue, Maldon, CM9 6NA
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Our analysis of the public data ranks 61, Lancaster Avenue, Maldon as the 37th largest and the 59th most expensive of the 66 addresses on Lancaster Avenue, Maldon, CM9.
Against the CM9 postcode district average, it is £159k less expensive than the typical property.
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Schools Nearby
- 300mLimebrook Primary School and Nursery
- 700mWentworth Primary School
- 1.5kmMaldon Primary School
- 1.5kmPlume School
- 8.6kmWilliam de Ferrers School
- 9.3kmLift Maltings
More reading links
Public Transport Nearby
North Fambridge station is the nearest stop to 61, Lancaster Avenue, Maldon at 7.6 kilometres away.
- 7.6kmNorth Fambridge
- 8.6kmSouth Woodham Ferrers
- 8.8kmHatfield Peverel
Available Internet Speeds
Ofcom's latest figures show superfast broadband available in this area.
According to recent data from Ofcom, Superfast broadband is available in the area.
Risk of Flooding
Environment Agency data suggests this area has a very low risk of flooding.
