Flat 25 Somerville House, 1 Fairlane Road

    FLAT 25 SOMERVILLE HOUSE, 1, FAIRLANE ROAD, RAINHAM, RM13 8RX

    This flat/maisonette leasehold property on Fairlane Road last sold in February 2022 for £360,000. Based on price growth in the RM13 district since then, its estimated current value is £292,214 — placing it in the 47th percentile nationally and the 15th percentile within RM13. The property covers 78 m² (840 sq ft), giving an estimated value of £3,746 per m². The EPC rating is B, with a potential rating of B.

    Type

    Flat/Maisonette

    Tenure

    Leasehold

    Floor Area

    840 sq ft

    78 m²

    Last Sale Price

    £360,000

    Feb 2022

    Estimated Valuation

    £292,214

    Est. £/sq ft

    £348/sq ft

    £3,746/m²

    Property Details

    TypeFlat/Maisonette
    TenureLeasehold
    Built formMid-Terrace
    Construction age2017
    Habitable roomsNot available
    Main fuelNot available
    EPC currentB
    EPC potentialB
    Floor area840 sq ft (78 m²)
    EPC dateJan 2022
    WallsAverage thermal transmittance 0.19 W/m²K
    HeatingCommunity scheme

    Transaction History

    11 Feb 2022

    New build

    £360,000

    Key Metrics

    Estimated valuation£292,214
    Value per sq ft / m²£348/sq ft (£3,746/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    RM13 district percentile15th percentile
    National percentile47th percentile

    District Context — RM13

    RM13 covers Southend-on-Sea and surrounding areas in Essex, positioned on the Thames estuary east of London. It is a mixed residential area with seaside heritage, offering suburban living with transport links to the capital.

    Average Property Price - RM13

    £414,366

    70

    National percentile

    Average Net Household Income - RM13

    £47,421

    82

    National percentile

    10-Year Annualised Price Growth - RM13

    4.6%

    83

    National percentile

    10-Year Annualised Rent Growth - RM

    4.4%

    80

    National percentile

    View full analysis for RM13

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