Flat 23 Somerville House, 1 Fairlane Road

    FLAT 23 SOMERVILLE HOUSE, 1, FAIRLANE ROAD, RAINHAM, RM13 8RX

    This flat/maisonette leasehold property on Fairlane Road last sold in February 2022 for £400,000. Based on price growth in the RM13 district since then, its estimated current value is £324,682 — placing it in the 54th percentile nationally and the 19th percentile within RM13. The property covers 94 m² (1,012 sq ft), giving an estimated value of £3,454 per m². The EPC rating is B, with a potential rating of B.

    Type

    Flat/Maisonette

    Tenure

    Leasehold

    Floor Area

    1,012 sq ft

    94 m²

    Last Sale Price

    £400,000

    Feb 2022

    Estimated Valuation

    £324,682

    Est. £/sq ft

    £321/sq ft

    £3,454/m²

    Property Details

    TypeFlat/Maisonette
    TenureLeasehold
    Built formMid-Terrace
    Construction age2017
    Habitable roomsNot available
    Main fuelNot available
    EPC currentB
    EPC potentialB
    Floor area1,012 sq ft (94 m²)
    EPC dateJan 2022
    WallsAverage thermal transmittance 0.18 W/m²K
    HeatingCommunity scheme

    Transaction History

    11 Feb 2022

    New build

    £400,000

    Key Metrics

    Estimated valuation£324,682
    Value per sq ft / m²£321/sq ft (£3,454/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    RM13 district percentile19th percentile
    National percentile54th 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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