FLAT 4, 16, PARK TERRACE, WESTCLIFF-ON-SEA, SS0 7PH - £86,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

FLAT 4 16 PARK TERRACE is a very small flat of 31m², built sometime between 1950 and 1966, which could now be worth an estimated £149,016. It was last sold for £86,000 in August 2004, which was around 25% below the average August 2004 flat price in the Southend-on-Sea local authority area. The most recent EPC inspection was April 2019, where the current energy rating was D, and the potential energy rating was C.

FLAT 4 16 PARK TERRACE Sold Prices

Land registry data shows one sale for FLAT 4 16 PARK TERRACE since 1^st January 1995. The below table shows the price paid for the one sale, along with the average flat price in the Southend-on-Sea local authority area for the corresponding sale date. The average price is sourced from the Office for National Statistics' House Price Index (HPI).

Date	Price	HPI Price	Variation from HPI
2004 26 AUG	£86,000	£114,892	25% below HPI

What might FLAT 4 16 PARK TERRACE be worth now?

FLAT 4 16 PARK TERRACE might now be worth an estimated £149,016.

This is based on house price inflation of 73.3%, between August 2004 and March 2026, for flats, in the Southend-on-Sea local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 73.3% inflationary increase is applied to the most recent sale price for FLAT 4 16 PARK TERRACE of £86,000 on 26th August 2004. For the value to have increased from £86,000 to £149,016 over the 22 years and five months to March 2026, the following assumptions must hold true:

• The value of FLAT 4 16 PARK TERRACE has moved in line with the HPI for flats in the Southend-on-Sea local authority area.
• The August 2004 sale price of £86,000 represented a fair market value for the property.
• The size, condition, and specification of FLAT 4 16 PARK TERRACE has not materially changed since August 2004.

How Large is FLAT 4 16 PARK TERRACE?

FLAT 4 16 PARK TERRACE is 31m² according to the EPC inspection conducted in April 2019. This puts it in the smallest 10% of flats in Southend-on-Sea, based on EPC data. 1% of flats are smaller than FLAT 4 16 PARK TERRACE, and 98% of flats are larger. Note that EPC data is not available for all properties in Southend-on-Sea.

FLAT 4 16 PARK TERRACE: Plot

FLAT 4 16 PARK TERRACE sits on a plot of roughly 0.085 of an acre, or 344m².

Where is FLAT 4 16 PARK TERRACE?

FLAT 4, 16 PARK TERRACE is located in WESTCLIFF-ON-SEA, in the SS0 postcode district.