2 Halfpenny Apartments, 4 Lance Street

    2 HALFPENNY APARTMENTS, 4, LANCE STREET, RAINHAM, RM13 8QX

    This flat/maisonette leasehold property on Lance Street last sold in March 2023 for £317,500. Based on price growth in the RM13 district since then, its estimated current value is £282,539 — placing it in the 45th percentile nationally and the 14th percentile within RM13. The property covers 60 m² (646 sq ft), giving an estimated value of £4,709 per m². The EPC rating is B, with a potential rating of B.

    Type

    Flat/Maisonette

    Tenure

    Leasehold

    Floor Area

    646 sq ft

    60 m²

    Last Sale Price

    £317,500

    Mar 2023

    Estimated Valuation

    £282,539

    Est. £/sq ft

    £437/sq ft

    £4,709/m²

    Property Details

    TypeFlat/Maisonette
    TenureLeasehold
    Built formDetached
    Construction age2018
    Habitable roomsNot available
    Main fuelGas: mains gas
    EPC currentB
    EPC potentialB
    Floor area646 sq ft (60 m²)
    EPC dateDec 2022
    WallsAverage thermal transmittance 0.28 W/m
    HeatingBoiler and radiators, mains gas

    Transaction History

    27 Mar 2023

    New build

    £317,500

    Key Metrics

    Estimated valuation£282,539
    Value per sq ft / m²£437/sq ft (£4,709/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    RM13 district percentile14th percentile
    National percentile45th 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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