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Locally, apartments of this size normally have 2 bedrooms.
Our estimate of the sale value of 561A Road, Benfleet is £208,330 and its rental estimate is £1,160 per month, given the available information and assuming reasonable condition.
561, London Road is a residential building on London Road, Hadleigh, Benfleet, SS7 and falls within the SS7 postal district and the borough of Castle Point.
561A Road, Benfleet has a single entry in the Land Registry from April 2013 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 2 out of 5 and is considered of medium accuracy.
The condition of a property plays an important role in determining its value, with the degree of impact varying by property type, size and location.
For 561A Road, Benfleet, we estimate a market value of £218,747 and a rental value of £1,218 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £193,747 and £1,078 per month respectively.
Over the last year, 561A Road, Benfleet has seen its estimated sale value move down by £3,333 (1.6%) and its estimated rental value increase by £34 per month (2.9%). This results in an estimated gross rental yield of 6.7%.
561A Road, Benfleet has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 25 Nov 2022.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
The most recent sale of 561A Road, Benfleet completed on 15th April 2013 at £120,000 and was recorded by HM Land Registry as a leasehold flat.
Since 1995 this is the property's only sale.
Values of comparable properties have risen by 56.3% over the period since April 2013.
Over the past 2 years 3 properties similar to 561A Road, Benfleet have sold within a radius of 620 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 1st August 2023, was 623, London Road, Benfleet, SS7 2EB, a leasehold flat which sold for £257,500.
Read more about house prices in SS7.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Of the 916 addresses on London Road, Hadleigh, Benfleet, SS7, 561A Road, Benfleet comes out as the 503rd largest and the 507th most expensive in our analysis of the public data.
It is also £211k less expensive than the average property across the SS7 district.
From 561A Road, Benfleet, the nearest station is Leigh-on-Sea, 1.9 kilometres away.
Broadband here reaches superfast speeds, based on recent Ofcom data.
According to recent data from Ofcom, Superfast broadband is available in the area.
The flood risk here is rated very low, based on Environment Agency data.
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The recent census recorded whether a resident owned or rented their home.
In the area around 561A Road, Benfleet, 40.3% of property is privately rented and 26.8% 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 561A Road, Benfleet, 15.7% of residents are recorded as possessing school level qualifications and 18.5% 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 561A Road, Benfleet, the average age was 44.2 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 561A Road, Benfleet, 0.2% 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 561A Road, Benfleet, there are an average of 1.1 cars per household.
See below for how this compares to East of England and the rest of England & Wales.