Flat 3, The Residences 271
Flat 3, The Residences 271
Description & Estimates
Public records show Flat 3, The Residences 271, Benfleet to be a modern leasehold apartment with 656 ft2 of internal area.
In this area, apartments of this size normally have 2 bedrooms.
Flat 3, The Residences 271, Benfleet has an estimated sale value of £279,942 and an estimated rental value of £1,162 per month, assuming reasonable condition and based on the information available.
The apartment sits within The Residences, Rayleigh Road, Benfleet, SS7.
Rayleigh Road, Benfleet, SS7 lies in the borough of Castle Point, within the SS7 postal district.
Our Data Sources
Flat 3, The Residences 271, Benfleet has a single entry in the Land Registry from August 2020 and a single entry in the EPC database dated March 2018.
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.
Price Range & Condition
In very good condition, we estimate Flat 3, The Residences 271, Benfleet would be worth £293,939, with a potential rental value of £1,220 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £260,346, with a rental value of £1,081 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 Flat 3, The Residences 271, Benfleet has moved down by £4,479 (1.6%) over the last year. During the same period, its estimated monthly rental value has increased by £34 (2.9%). The property's estimated gross yield is currently 5.0%.
Energy Efficiency
Flat 3, The Residences 271, Benfleet has an Energy Performance Rating (EPC) of C. 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
Flat 3, The Residences 271, Benfleet last changed hands on 7th August 2020, selling for £275,000. 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 risen by 0.6% since August 2020.
- Sold Aug 2020£275,000
Similar Properties Sold Nearby
Land Registry records and our Estate Agent network show 3 sales of comparable properties within 700 metres of Flat 3, The Residences 271, Benfleet across the last 2 years.
Most recently, Flat 1, The Residences 271, Rayleigh Road, Benfleet, SS7 3XF, a leasehold flat, sold at £40,000 on the 20th December 2021.
Read more about house prices in SS7.
- Sold Dec 2021£40,000 | 2 Bed FlatThe Residences 271, Rayleigh RoadFlat 1, 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
Our analysis of the public data ranks Flat 3, The Residences 271, Benfleet as the 239th largest and the 194th most expensive of the 277 addresses on Rayleigh Road, Benfleet, SS7.
Against the SS7 postcode district average, it is £139k less expensive than the typical property.
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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
Rayleigh station is the nearest stop to Flat 3, The Residences 271, Benfleet at 2.5 kilometres away.
- 2.5kmRayleigh
- 3.5kmBenfleet
- 4.2kmLeigh-on-Sea
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.
