Flat 7, Sovereign Views 163
Flat 7, Sovereign Views 163
Description & Estimates
Flat 7, Sovereign Views 163, Southend-On-Sea is recorded publicly as a modern leasehold apartment across 1,076 ft2 of internal area.
Locally, apartments of this size normally have 3 bedrooms.
Our estimate of the sale value of Flat 7, Sovereign Views 163, Southend-On-Sea is £428,319 and its rental estimate is £1,783 per month, given the available information and assuming reasonable condition.
Sovereign Views, Eastern Esplanade is a residential building on Eastern Esplanade, Southend-On-Sea, SS1 and falls within the SS1 postal district.
Our Data Sources
Flat 7, Sovereign Views 163, Southend-On-Sea has a single entry in the Land Registry from March 2020 and a single entry in the EPC database dated September 2019.
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 7, Sovereign Views 163, Southend-On-Sea, we estimate a market value of £449,735 and a rental value of £1,872 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £398,336 and £1,658 per month respectively.
Recent Market Change
Over the last year, Flat 7, Sovereign Views 163, Southend-On-Sea has seen its estimated sale value fall by £9,517 (2.2%) and its estimated rental value move up by £22 per month (1.2%). This results in an estimated gross rental yield of 5.0%.
Energy Efficiency
Flat 7, Sovereign Views 163, Southend-On-Sea has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 03 Sep 2019.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and underfloor heating, mains gas.
Sold Prices
The most recent sale of Flat 7, Sovereign Views 163, Southend-On-Sea completed on 16th March 2020 at £430,000 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 24.7% over the period since March 2020.
- Sold Mar 2020£430,000
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to Flat 7, Sovereign Views 163, Southend-On-Sea have sold within a radius of 760 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 20th November 2020, was Flat 10, Sovereign Views 163, Eastern Esplanade, Southend-On-Sea, SS1 2UU, a leasehold flat which sold for £400,000.
Read more about house prices in SS1.
- Sold Nov 2020£400,000 | 3 Bed FlatSovereign Views 163, Eastern EsplanadeFlat 10, Sovereign Views 163, Eastern Esplanade, Southend-On-Sea, SS1 2UU
- Sold Aug 2012£247,500 | 3 Bed FlatSovereign Views 163, Eastern EsplanadeFlat 3, Sovereign Views 163, Eastern Esplanade, Southend-On-Sea, SS1 2UU
- Sold Nov 2011£270,000 | 3 Bed FlatSovereign Views 163, Eastern EsplanadeFlat 6, Sovereign Views 163, Eastern Esplanade, Southend-On-Sea, SS1 2UU
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Of the 343 addresses on Eastern Esplanade, Southend-On-Sea, SS1, Flat 7, Sovereign Views 163, Southend-On-Sea comes out as the 66th largest and the 49th most expensive in our analysis of the public data.
It is also £33k more expensive than the average property across the SS1 district.
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Schools Nearby
- 600mGreenways Primary School
- 1.4kmSacred Heart Catholic Primary School
- 1.6kmPorters Grange Primary School and Nursery
- 1.4kmSouthend High School for Girls
- 1.5kmSouthchurch High School
- 2.5kmShoeburyness High School
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Public Transport Nearby
From Flat 7, Sovereign Views 163, Southend-On-Sea, the nearest station is Southend East, 1.1 kilometres away.
- 1.1kmSouthend East
- 1.8kmThorpe Bay
- 2.0kmSouthend Central
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 low, based on Environment Agency data.
