Flat 8 City Approach, 1 The Approach

    FLAT 8 CITY APPROACH, 1, THE APPROACH, RAYLEIGH, SS6 9FA

    This flat/maisonette leasehold property on The Approach last sold in September 2021 for £247,000. Based on price growth in the SS6 district since then, its estimated current value is £246,425 — placing it in the 36th percentile nationally and the 7th percentile within SS6. The property covers 57 m² (614 sq ft), giving an estimated value of £4,323 per m². The EPC rating is C, with a potential rating of C.

    Type

    Flat/Maisonette

    Tenure

    Leasehold

    Floor Area

    614 sq ft

    57 m²

    Last Sale Price

    £247,000

    Sept 2021

    Estimated Valuation

    £246,425

    Est. £/sq ft

    £402/sq ft

    £4,323/m²

    Property Details

    TypeFlat/Maisonette
    TenureLeasehold
    Built formNot available
    Construction age2014
    Habitable roomsNot available
    Main fuelElectricity: electricity, unspecified tariff
    EPC currentC
    EPC potentialC
    Floor area614 sq ft (57 m²)
    EPC dateJun 2015
    WallsAverage thermal transmittance 0.19 W/m²K
    HeatingRoom heaters, electric

    Transaction History

    27 Sept 2021

    £247,000

    18 Oct 2019

    £218,000

    20 Aug 2015

    New build

    £220,000

    Key Metrics

    Estimated valuation£246,425
    Value per sq ft / m²£402/sq ft (£4,323/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    SS6 district percentile7th percentile
    National percentile36th percentile

    District Context — SS6

    SS6 covers parts of south Essex, situated in the Southend-on-Sea area and its surrounding neighbourhoods. It is characterised by established suburban and coastal communities with a mix of family homes and retirement properties.

    Average Property Price - SS6

    £432,249

    72

    National percentile

    Average Net Household Income - SS6

    £43,769

    72

    National percentile

    10-Year Annualised Price Growth - SS6

    3.8%

    60

    National percentile

    10-Year Annualised Rent Growth - SS

    3.9%

    53

    National percentile

    View full analysis for SS6

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