40 Lake Avenue

    40, LAKE AVENUE, BILLERICAY, CM12 0AJ

    This detached freehold property on Lake Avenue last sold in October 1999 for £418,000. Based on price growth in the CM12 district since then, its estimated current value is £1,539,913 — placing it in the 98th percentile nationally and the 100th percentile within CM12. The property covers 270 m² (2,906 sq ft), giving an estimated value of £5,703 per m². The EPC rating is D, with a potential rating of C.

    Type

    Detached

    Tenure

    Freehold

    Floor Area

    2,906 sq ft

    270 m²

    Last Sale Price

    £418,000

    Oct 1999

    Estimated Valuation

    £1,539,913

    Est. £/sq ft

    £530/sq ft

    £5,703/m²

    Property Details

    TypeDetached
    TenureFreehold
    Built formDetached
    Construction ageEngland and Wales: 1996-2002
    Habitable rooms8
    Main fuelmains gas (not community)
    EPC currentD
    EPC potentialC
    Floor area2,906 sq ft (270 m²)
    EPC dateDec 2014
    WallsCavity wall, as built, insulated (assumed)
    HeatingBoiler and radiators, mains gas

    Transaction History

    29 Oct 1999

    £418,000

    20 Jan 1999

    £139,995

    Key Metrics

    Estimated valuation£1,539,913
    Value per sq ft / m²£530/sq ft (£5,703/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    CM12 district percentile100th percentile
    National percentile98th percentile

    District Context — CM12

    CM12 covers Southend-on-Sea and surrounding areas in south Essex, situated on the Thames estuary coast east of London. It is a established residential and seaside destination with a mix of family homes, retirees, and commuter communities.

    Average Property Price - CM12

    £529,018

    83

    National percentile

    Average Net Household Income - CM12

    £50,318

    89

    National percentile

    10-Year Annualised Price Growth - CM12

    3.3%

    40

    National percentile

    10-Year Annualised Rent Growth - CM

    4.2%

    67

    National percentile

    View full analysis for CM12

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