Our Data Sources
Flat 7, Lake Rise 89, Rayleigh has a single entry in the Land Registry from October 2020 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
In very good condition, we estimate Flat 7, Lake Rise 89, Rayleigh would be worth £414,939, with a potential rental value of £1,718 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £367,517, with a rental value of £1,522 per month.
The extent to which decoration affects a property's value depends on its type, size and location.
Energy Efficiency
Flat 7, 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
Flat 7, Lake Rise 89, Rayleigh last changed hands on 16th October 2020, selling for £395,000. 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 dropped by 5.0% since October 2020.
- Sold Oct 2020£395,000
Similar Properties Sold Nearby
Land Registry records and our Estate Agent network show 1 sale of a comparable property within 600 metres of Flat 7, Lake Rise 89, Rayleigh across the last 2 years.
Most recently, Flat 2, Lake Rise 89, Down Hall Road, Rayleigh, SS6 9JX, a leasehold flat, sold at £415,000 on the 3rd July 2024.
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
Our analysis of the public data ranks Flat 7, Lake Rise 89, Rayleigh as the 66th largest and the 121st most expensive of the 183 addresses on Down Hall Road, Rayleigh, SS6.
Against the SS6 postcode district average, it is £46k less expensive than the typical property.
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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
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.
