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Bricks&Logic is a trading name of Urban Markets Ltd
Company No. 11113204
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VAT No. GB 287 0845 68
Registered Address: 2 Leman St, London E1 8FA
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According to the public record, 2, Andrewes Way, Rayleigh is a modern freehold house with 1,399 ft2 of internal area.
Houses of this size in this area normally have 4 bedrooms with a garden.
Based on available information, and assuming reasonable condition, the estimated sale value for 2, Andrewes Way, Rayleigh is £489,476 and the estimated rental value is £2,284 per month.
Andrewes Way, Rayleigh, SS6 is located in the borough of Rochford within the SS6 postal district.
2, Andrewes Way, Rayleigh has a single entry in the Land Registry from September 2022 and a single entry in the EPC database dated August 2022.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 4 out of 5 and is considered of high accuracy.
Decorative condition can have a big effect on a property's value and this effect varies depending on the type, size and location of the property.
If 2, Andrewes Way, Rayleigh is in very good condition we estimate a sale value of £513,950 and a rental value of £2,398 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £455,213 and a rental value of £2,124 per month.
Over the last 12 months the sale value of 2 Andrewes Way Rayleigh has decreased by an estimated £1,838 (0.4%) and its rental value has increased by an estimated £69 per month (3.0%), giving an expected gross yield of 5.6%.
2, Andrewes Way, Rayleigh has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 01 Aug 2022.
The property is not connected to mains gas and has high performance glazing. It is heated using Boiler and radiators, mains gas.
According to HM Land Registry, 2, Andrewes Way, Rayleigh was last sold on 21st September 2022 for £484,995 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since September 2022, the market for similar properties has dropped 7.5%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 2, Andrewes Way, Rayleigh within a radius of 1.1 kilometres over the last 2 years.
The most recent example is 2, Chancellor Street, Rayleigh, SS6 9UR, a freehold house which sold for £489,995 on the 17th February 2023.
Read more about house prices in SS6.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Andrewes Way, Rayleigh, SS6 has a total of 58 addresses. According to our analysis of all the public data, 2, Andrewes Way, Rayleigh is the 5th largest and the 6th most expensive property on the street.
When compared to the postcode district it is £49k more expensive than the average property in SS6.
The closest station to 2, Andrewes Way, Rayleigh is Rayleigh station which is 1.8 kilometres away.
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
The recent census recorded whether a resident owned or rented their home.
In the area around 2, Andrewes Way, Rayleigh, 42.5% of property is privately owned outright and 37.0% is privately owned with a mortgage.
The graph below shows how this compares to East of England and the rest of England & Wales.
The recent census recorded the highest level of education achieved by residents in the local area.
In the area around 2, Andrewes Way, Rayleigh, 18.3% of residents are recorded as possessing school level qualifications and 24.5% as possessing degree level qualifications.
The graph below shows how this compares to East of England and the rest of England & Wales.
The most recent census in 2021 recorded the age of all UK residents.
In the area around 2, Andrewes Way, Rayleigh, the average age was 39.6 and the most common age was 52.
The graph below shows how this compares to East of England and the rest of England & Wales
The recent census recorded whether a property was a primary or secondary home for the resident.
In the area around 2, Andrewes Way, Rayleigh, 0.8% of property was a second home.
Comparison figures for East of England and the rest of England & Wales are listed below.
The recent census recorded the number of cars registered in each household.
In the area around 2, Andrewes Way, Rayleigh, there are an average of 1.9 cars per household.
See below for how this compares to East of England and the rest of England & Wales.
