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According to the public record, Flat 4, Rayleigh Heights, Rayleigh is a modern leasehold apartment with 495 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 Flat 4, Rayleigh Heights, Rayleigh is £244,836 and the estimated rental value is £1,029 per month.
The apartment is within Rayleigh Heights, High Road, Rayleigh, SS6.
High Road, Rayleigh, SS6 is located in the borough of Rochford within the SS6 postal district.
Flat 4, Rayleigh Heights, Rayleigh has a single entry in the Land Registry from May 2018 and a single entry in the EPC database dated October 2017.
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.
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 Flat 4, Rayleigh Heights, Rayleigh is in very good condition we estimate a sale value of £257,078 and a rental value of £1,081 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £227,698 and a rental value of £957 per month.
Over the last 12 months the sale value of Flat 4 Rayleigh Heights Rayleigh has decreased by an estimated £2,313 (0.9%) and its rental value has increased by an estimated £25 per month (2.4%), giving an expected gross yield of 5%.
Flat 4, Rayleigh Heights, Rayleigh has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 27 Oct 2017.
The property is not connected to mains gas and has high performance glazing. It is heated using Boiler and radiators, mains gas.
According to HM Land Registry, Flat 4, Rayleigh Heights, Rayleigh was last sold on 4th May 2018 for £250,000 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since May 2018, the market for similar properties has risen 10.9%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 4, Rayleigh Heights, Rayleigh within a radius of 580 metres over the last 2 years.
The most recent example is 6, Pearl House 12, Castle Road, Rayleigh, SS6 7GB, a leasehold flat which sold for £220,000 on the 20th December 2024.
Read more about house prices in SS6.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
High Road, Rayleigh, SS6 has a total of 112 addresses. According to our analysis of all the public data, Flat 4, Rayleigh Heights, Rayleigh is the 102nd largest and the 95th most expensive property on the street.
When compared to the postcode district it is £196k less expensive than the average property in SS6.
The closest station to Flat 4, Rayleigh Heights, Rayleigh is Rayleigh station which is 700 metres 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 Flat 4, Rayleigh Heights, Rayleigh, 46.9% of property is privately owned outright and 26.9% is socially rented.
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 Flat 4, Rayleigh Heights, Rayleigh, 9.0% of residents are recorded as possessing school level qualifications and 13.8% 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 Flat 4, Rayleigh Heights, Rayleigh, the average age was 44.7 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 Flat 4, Rayleigh Heights, Rayleigh, 0.9% 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 Flat 4, Rayleigh Heights, Rayleigh, there are an average of 0.7 cars per household.
See below for how this compares to East of England and the rest of England & Wales.