Flat 7, Thorpe Lodge
Flat 7, Thorpe Lodge
Description & Estimates
Flat 7, Thorpe Lodge, Southend-On-Sea is recorded publicly as a modern leasehold apartment across 1,033 ft2 of internal area.
Locally, apartments of this size normally have 3 bedrooms.
Our estimate of the sale value of Flat 7, Thorpe Lodge, Southend-On-Sea is £536,252 and its rental estimate is £2,232 per month, given the available information and assuming reasonable condition.
Thorpe Lodge, 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, Thorpe Lodge, Southend-On-Sea has 31 entries in the Land Registry , most recently in January 2022 and a single entry in the EPC database dated June 2013.
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
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, Thorpe Lodge, Southend-On-Sea, we estimate a market value of £563,065 and a rental value of £2,343 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £498,714 and £2,076 per month respectively.
Recent Market Change
Over the last year, Flat 7, Thorpe Lodge, Southend-On-Sea has seen its estimated sale value decline by £11,916 (2.2%) and its estimated rental value climb by £27 per month (1.2%). This results in an estimated gross rental yield of 5.0%.
Energy Efficiency
Flat 7, Thorpe Lodge, Southend-On-Sea has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 11 Jun 2013.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
Sold Prices
The most recent sale of Flat 7, Thorpe Lodge, Southend-On-Sea completed on 28th January 2022 at £540,000 and was recorded by HM Land Registry as a leasehold flat.
Since 1995 the property has sold 3 times.
Values of comparable properties have dropped by 28.5% over the period since January 2022.
- Sold Jan 2022£540,000
- Sold Sep 2013£245,500
- Sold Nov 2001£175,000
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to Flat 7, Thorpe Lodge, Southend-On-Sea have sold within a radius of 630 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 11th October 2018, was Flat 8, Thorpe Lodge, Eastern Esplanade, Southend-On-Sea, SS1 2YP, a leasehold flat which sold for £432,000.
Read more about house prices in SS1.
- Sold Oct 2018£432,000 | 3 Bed FlatThorpe Lodge, Eastern EsplanadeFlat 8, Thorpe Lodge, Eastern Esplanade, Southend-On-Sea, SS1 2YP
- Sold Sep 2014£265,000 | 3 Bed FlatThorpe Lodge, Eastern EsplanadeFlat 2, Thorpe Lodge, Eastern Esplanade, Southend-On-Sea, SS1 2YP
- Sold Apr 2009£250,000 | 3 Bed FlatThorpe Lodge, Eastern EsplanadeFlat 5, Thorpe Lodge, Eastern Esplanade, Southend-On-Sea, SS1 2YP
•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, Thorpe Lodge, Southend-On-Sea comes out as the 79th largest and the 23rd most expensive in our analysis of the public data.
It is also £141k more expensive than the average property across the SS1 district.
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Schools Nearby
- 800mGreenways Primary School
- 1.2kmSacred Heart Catholic Primary School
- 1.4kmPorters Grange Primary School and Nursery
- 1.5kmSouthend High School for Girls
- 1.7kmSouthchurch High School
- 2.6kmCecil Jones Academy
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Public Transport Nearby
From Flat 7, Thorpe Lodge, Southend-On-Sea, the nearest station is Southend East, 1.0 kilometres away.
- 1.0kmSouthend East
- 1.7kmSouthend Central
- 2.0kmSouthend Victoria
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 high, based on Environment Agency data.
