Our Data Sources
Flat 1, Lake Rise 89, Rayleigh has 2 entries in the Land Registry , most recently in January 2022 and a single entry in the EPC database dated February 2018.
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.
Price Range & Condition
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 Flat 1, Lake Rise 89, Rayleigh, we estimate a market value of £287,391 and a rental value of £1,197 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £254,546 and £1,060 per month respectively.
Energy Efficiency
Flat 1, Lake Rise 89, Rayleigh has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 03 Feb 2018.
The property is not connected to mains gas and has high performance glazing. It is heated using Boiler and underfloor heating, mains gas.
Sold Prices
The most recent sale of Flat 1, Lake Rise 89, Rayleigh completed on 12th January 2022 at £335,000 and was recorded by HM Land Registry as a leasehold flat.
Since 1995 the property has sold twice.
Values of comparable properties have dropped by 24.5% over the period since January 2022.
- Sold Jan 2022£335,000
- Sold Aug 2018£325,000
Similar Properties Sold Nearby
Over the past 2 years 2 properties similar to Flat 1, Lake Rise 89, Rayleigh have sold within a radius of 600 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 27th May 2022, was 3A, Hedgehope Avenue, Rayleigh, SS6 9LS, a leasehold flat which sold for £315,000.
Read more about house prices in SS6.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Of the 183 addresses on Down Hall Road, Rayleigh, SS6, Flat 1, Lake Rise 89, Rayleigh comes out as the 163rd largest and the 160th most expensive in our analysis of the public data.
It is also £161k less expensive than the average property across the SS6 district.
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Schools Nearby
- Down Hall Primary School400 m away
- Edward Francis Primary School600 m away
- Glebe Primary School600 m away
- The Sweyne Park School500 m away
- The FitzWimarc School700 m away
- The Deanes3.1 km away
More reading links
Public Transport Nearby
- Rayleigh|800 m away
- Hockley|3.7 km away
- Battlesbridge|4.3 km away
Available Internet Speeds
Broadband here reaches superfast speeds, based on recent Ofcom data.
According to recent data from Ofcom, Superfast Broadband is available in the area.
Risk of Flooding
The flood risk here is rated Very Low, based on Environment Agency data.
