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According to the public record, 62, Wallace Drive, Wickford is a leasehold apartment.
By comparing it to neighbours, we estimate that it is a modern apartment with 610 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 62, Wallace Drive, Wickford is £218,111 and the estimated rental value is £1,179 per month.
Wallace Drive, Wickford, SS12 is located in the borough of Basildon within the SS12 postal district.
62, Wallace Drive, Wickford has 31 entries in the Land Registry , most recently in May 2014 and no records in the EPC database.
We combine this sold price information with public data of neighbouring properties to estimate the 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 62, Wallace Drive, Wickford is in very good condition we estimate a sale value of £229,017 and a rental value of £1,238 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £202,843 and a rental value of £1,096 per month.
Over the last 12 months the sale value of 62 Wallace Drive Wickford has decreased by an estimated £1,988 (0.9%) and its rental value has increased by an estimated £25 per month (2.2%), giving an expected gross yield of 6.5%.
According to HM Land Registry, 62, Wallace Drive, Wickford was last sold on 2nd May 2014 for £144,995 and was recorded as a leasehold flat.
The property has had 3 sales since 1995.
Since May 2014, the market for similar properties has risen 43.7%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 62, Wallace Drive, Wickford within a radius of 560 metres over the last 2 years.
The most recent example is 68, Wallace Drive, Wickford, SS12 9NA, a leasehold flat which sold for £235,000 on the 29th October 2021.
Read more about house prices in SS12.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Wallace Drive, Wickford, SS12 has a total of 53 addresses. According to our analysis of all the public data, 62, Wallace Drive, Wickford is the 47th largest and the 48th most expensive property on the street.
When compared to the postcode district it is £177k less expensive than the average property in SS12.
The closest station to 62, Wallace Drive, Wickford is Wickford station which is 1.8 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 62, Wallace Drive, Wickford, 33.0% of property is socially rented and 30.4% is privately owned with a mortgage.
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 62, Wallace Drive, Wickford, 24.1% of residents are recorded as possessing school level qualifications and 20.1% 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 62, Wallace Drive, Wickford, the average age was 38 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 62, Wallace Drive, Wickford, 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 62, Wallace Drive, Wickford, there are an average of 1.4 cars per household.
See below for how this compares to East of England and the rest of England & Wales.
