Homewise says ..
Guide price for a Home for Life Lifetime Lease for OVER 60s tailored to your personal circumstances and requirements. Your price may vary. OVER 60S could benefit from SAVINGS of up to 59% from the market value with a one-off payment for a Lifetime Lease on this property. £25...
Property Oracle says ..
This two-bedroom, one-bathroom bungalow in Broomfield, Benfleet, Essex is marketed as a ‘Home for Life Lifetime Lease’ for those aged over 60. The property’s photos suggest a relatively well-maintained but dated interior, with a modest-sized garden. The kitchen and bathroom appear functional but could likely benefit from some updating. The interior decor is traditional and may not appeal to all tastes. The location offers some convenience with proximity to schools and transport links, but further information on the immediate street surroundings would be beneficial. The asking price needs to be contextualised with the unique nature of the ‘Lifetime Lease’ offering. Comparable properties in nearby streets show a wider range of prices, suggesting that a direct comparison may be inaccurate without more comprehensive property information (SQFT of comparable properties). Buyers need to consider the suitability of a lifetime lease and carefully investigate any costs and conditions associated with this type of purchase agreement before making a decision. Overall, the property presents an acceptable offering within its location and price bracket but lacks specific details for a more precise evaluation.
Therefore, we give this property 6 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *
- Price
- 7
- Condition
- 6
- Location
- 7
- Land
- 4
- Bedrooms
- 2
- Bathrooms
- 1
- Sqft (est)
- 592.00
The heatmap indicates the level of crime in the area. The color of the heatmap indicates the crime severity and recency.
Metrics Year-on-Year
- Average area value
- 273,072.00 £Decreased by 1.50 %
- Est sale value
- 200,096.00 £Increased by 29.01 %
- Average area rental value
- 1,340.00 £/moIncreased by 9.39 %
- Est letting value
- 592.00 £/moUnchanged by 0.00 %
- Est rental Yield
- 5.89 %Increased by 11.13 %
- Crime Rate
- 2.00 %Unchanged by 0.00 %
Agent Activity
Homewise created the listing.
Nearby Schools
| Name | Type | Ofsted | Distance |
|---|---|---|---|
| Westwood Academy | Academy Converter | Outstanding | 0.47 KM |
| Hadleigh Junior School | Academy Converter | Good | 0.99 KM |
| Hadleigh Infant And Nursery School | Academy Converter | Good | 1.01 KM |
| The Deanes | Academy Sponsor Led | Requires improvement | 1.32 KM |
| The King John School | Academy Converter | Good | 1.64 KM |
Images
Nearby Streets
| Name | Average Price | Average Sqft | Distance |
|---|---|---|---|
| Shepherds Walk | £ 550,000 | 0 | 0.00 KM |
| Beech Road | £ 383,775 | 0 | 0.00 KM |
| Windsor Gardens | £ 325,000 | 0 | 0.00 KM |
| Broughton Road | £ 0 | 0 | 0.00 KM |
| Highfield Avenue | £ 450,000 | 0 | 0.00 KM |
Nearby Transport
| Name | NLC | TLC | Distance |
|---|---|---|---|
| Rayleigh | 6884 | RLG | 3.33 KM |
| Leigh-On-Sea | 7446 | LES | 4.10 KM |
| Benfleet | 7439 | BEF | 5.54 KM |
| Chalkwell | 7469 | CHW | 7.24 KM |
| Hockley | 6880 | HOC | 7.31 KM |
Nearby Listings
| Address | Price | Type | Score | Distance |
|---|---|---|---|---|
| Broomfield, Benfleet, SS7 | £ 251,250 | BUY | 6 / 10 | 0.00 KM |
| Colworth Close, Benfleet, SS7 | £ 425,000 | BUY | 7 / 10 | 0.06 KM |
| Broomfield, Benfleet | £ 625,000 | BUY | 7 / 10 | 0.07 KM |
| Broomfield, Hadleigh | £ 430,000 | BUY | Unknown | 0.07 KM |
| Springfield, Hadleigh, Essex | £ 375,000 | BUY | 7 / 10 | 0.08 KM |
Nearby Properties
| Address | Price | Distance |
|---|---|---|
| 85 Broomfield | £ 110,000 | 0.00 KM |
| 65 Broomfield | £ 248,000 | 0.00 KM |
| 33 Broomfield | £ 235,000 | 0.00 KM |
| 49 Broomfield | £ 315,000 | 0.00 KM |
| 55 Broomfield | £ 345,000 | 0.00 KM |