Flat 4, The Residences 271
Flat 4, The Residences 271
Description & Estimates
According to the public record, Flat 4, The Residences 271, Benfleet is a modern leasehold apartment with 656 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, The Residences 271, Benfleet is £279,942 and the estimated rental value is £1,162 per month.
The apartment is within The Residences, Rayleigh Road, Benfleet, SS7.
Rayleigh Road, Benfleet, SS7 is located in the borough of Castle Point within the SS7 postal district.
Our Data Sources
Flat 4, The Residences 271, Benfleet has a single entry in the Land Registry from July 2019 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
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, The Residences 271, Benfleet is in very good condition we estimate a sale value of £293,939 and a rental value of £1,220 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £260,346 and a rental value of £1,081 per month.
Recent Market Change
Over the past 12 months, the estimated sale value of Flat 4, The Residences 271, Benfleet has decreased by £4,479 (1.6%), while its estimated rental value has grown by £34 per month (2.9%). Based on current estimates, the property offers a gross rental yield of 5.0%.
Energy Efficiency
Flat 4, 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
According to HM Land Registry, Flat 4, The Residences 271, Benfleet was last sold on 26th July 2019 for £275,000 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since July 2019, the market for similar properties has risen by 2.8%.
- Sold Jul 2019£275,000
Similar Properties Sold Nearby
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 4, The Residences 271, Benfleet within a radius of 700 metres over the last 2 years.
The most recent example is Flat 1, The Residences 271, Rayleigh Road, Benfleet, SS7 3XF, a leasehold flat which sold for £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 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
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
More reading links
Location Comparison
Rayleigh Road, Benfleet, SS7 has a total of 277 addresses. According to our analysis of all the public data, Flat 4, The Residences 271, Benfleet is the 238th largest and the 193rd most expensive property on the street.
When compared to the postcode district it is £139k less expensive than the average property in SS7.
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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
The closest station to Flat 4, The Residences 271, Benfleet is Rayleigh station, which is 2.5 kilometres away.
- 2.5kmRayleigh
- 3.5kmBenfleet
- 4.2kmLeigh-on-Sea
Available Internet Speeds
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.
Risk of Flooding
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
