Flat 1, The Residences 271
Flat 1, The Residences 271
Description & Estimates
Flat 1, The Residences 271, Benfleet is described in the public record as a modern apartment with 656 ft2 of internal area.
Locally, apartments of this size normally have 2 bedrooms.
Our estimate of the sale value of Flat 1, The Residences 271, Benfleet is £279,942 and its rental estimate is £1,162 per month, given the available information and assuming reasonable condition.
The Residences, Rayleigh Road is a residential building on Rayleigh Road, Benfleet, SS7 and falls within the SS7 postal district and the borough of Castle Point.
Our Data Sources
Flat 1, The Residences 271, Benfleet has no recent1 records in the the Land Registry and a single entry in the EPC database dated March 2018.
We combine this information with public data 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.
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, The Residences 271, Benfleet, we estimate a market value of £293,939 and a rental value of £1,220 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £260,346 and £1,081 per month respectively.
Recent Market Change
Over the last year, Flat 1, The Residences 271, Benfleet has seen its estimated sale value drop by £4,479 (1.6%) and its estimated rental value rise by £34 per month (2.9%). This results in an estimated gross rental yield of 5.0%.
Energy Efficiency
Flat 1, The Residences 271, Benfleet has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 01 Mar 2018.
The property is not connected to mains gas and has high performance glazing. It is heated using Room heaters, electric.
Sold Prices
The most recent sale of Flat 1, The Residences 271, Benfleet completed on 1st September 2000 at £275,000 and was recorded by HM Land Registry as a leasehold flat.
Since 1995 this is the property's only sale.
- Sold Sep 2000£275,000
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to Flat 1, The Residences 271, Benfleet have sold within a radius of 700 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 7th August 2020, was Flat 3, The Residences 271, Rayleigh Road, Benfleet, SS7 3XF, a leasehold flat which sold for £275,000.
Read more about house prices in SS7.
- Sold Aug 2020£275,000 | 2 Bed FlatThe Residences 271, Rayleigh RoadFlat 3, The Residences 271, Rayleigh Road, Benfleet, SS7 3XF
- Sold Oct 2019£275,000 | 2 Bed FlatThe Residences 271, Rayleigh RoadFlat 6, The Residences 271, Rayleigh Road, Benfleet, SS7 3XF
- Sold Jul 2019£275,000 | 2 Bed FlatThe Residences 271, Rayleigh RoadFlat 4, The Residences 271, Rayleigh Road, Benfleet, SS7 3XF
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Of the 277 addresses on Rayleigh Road, Benfleet, SS7, Flat 1, The Residences 271, Benfleet comes out as the 240th largest and the 195th most expensive in our analysis of the public data.
It is also £139k less expensive than the average property across the SS7 district.
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Schools Nearby
- 900mThundersley Primary School
- 1.0kmWestwood Academy
- 1.6kmKingston Primary School
- 300mThe Deanes
- 1.2kmThe King John School
- 2.9kmThe FitzWimarc School
More reading links
Public Transport Nearby
From Flat 1, The Residences 271, Benfleet, the nearest station is Rayleigh, 2.5 kilometres away.
- 2.5kmRayleigh
- 3.5kmBenfleet
- 4.2kmLeigh-on-Sea
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.
