Our Data Sources
Flat 5, Lake Rise 89, Rayleigh has a single entry in the Land Registry from June 2019 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 5, Lake Rise 89, Rayleigh, we estimate a market value of £499,641 and a rental value of £2,004 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £442,539 and £1,775 per month respectively.
Energy Efficiency
Flat 5, 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 5, Lake Rise 89, Rayleigh completed on 20th June 2019 at £425,000 and was recorded by HM Land Registry as a leasehold flat.
Since 1995 this is the property's only sale.
Values of comparable properties have dropped by 18.6% over the period since June 2019.
- Sold Jun 2019£425,000
Similar Properties Sold Nearby
Over the past 2 years 1 property similar to Flat 5, Lake Rise 89, Rayleigh has sold within a radius of 600 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 29th July 2024, was Flat 4, Lake Rise 89, Down Hall Road, Rayleigh, SS6 9JX, a leasehold flat which sold for £450,000.
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 5, Lake Rise 89, Rayleigh comes out as the 21st largest and the 54th most expensive in our analysis of the public data.
It is also £35k more expensive than the average property across the SS6 district.
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Schools Nearby
- 400mDown Hall Primary School
- 600mEdward Francis Primary School
- 600mGlebe Primary School
- 500mThe Sweyne Park School
- 700mThe FitzWimarc School
- 3.1kmThe Deanes
More reading links
Public Transport Nearby
- 800mRayleigh
- 3.7kmHockley
- 4.3kmBattlesbridge
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.
