6 Penny Close

    6, PENNY CLOSE, RAINHAM, RM13 9NE

    This flat/maisonette leasehold property on Penny Close last sold in May 2021 for £225,000. Based on price growth in the RM13 district since then, its estimated current value is £191,892 — placing it in the 22nd percentile nationally and the 3rd percentile within RM13. The property covers 59 m² (635 sq ft), giving an estimated value of £3,252 per m². The EPC rating is C, with a potential rating of C.

    Type

    Flat/Maisonette

    Tenure

    Leasehold

    Floor Area

    635 sq ft

    59 m²

    Last Sale Price

    £225,000

    May 2021

    Estimated Valuation

    £191,892

    Est. £/sq ft

    £302/sq ft

    £3,252/m²

    Property Details

    TypeFlat/Maisonette
    TenureLeasehold
    Built formDetached
    Construction ageEngland and Wales: 1983-1990
    Habitable rooms3
    Main fuelmains gas (not community)
    EPC currentC
    EPC potentialC
    Floor area635 sq ft (59 m²)
    EPC dateJul 2020
    WallsCavity wall, filled cavity
    HeatingBoiler and radiators, mains gas

    Transaction History

    7 May 2021

    £225,000

    20 Dec 2013

    £139,000

    4 Dec 2002

    £115,000

    Key Metrics

    Estimated valuation£191,892
    Value per sq ft / m²£302/sq ft (£3,252/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    RM13 district percentile3rd percentile
    National percentile22nd 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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