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According to the public record, 2, Collins Close, Rayleigh is a modern freehold house with 1,593 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, Collins Close, Rayleigh is £558,547 and the estimated rental value is £2,495 per month.
Collins Close, Rayleigh, SS6 is located in the borough of Rochford within the SS6 postal district.
2, Collins Close, Rayleigh has a single entry in the Land Registry from September 2021 and a single entry in the EPC database dated July 2021.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 3 out of 5 and is considered of medium 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, Collins Close, Rayleigh is in very good condition we estimate a sale value of £586,474 and a rental value of £2,620 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £519,449 and a rental value of £2,320 per month.
Over the last 12 months the sale value of 2 Collins Close Rayleigh has decreased by an estimated £255 (0.0%) and its rental value has increased by an estimated £58 per month (2.3%), giving an expected gross yield of 5.4%.
2, Collins Close, Rayleigh has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 07 Jul 2021.
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, Collins Close, Rayleigh was last sold on 29th September 2021 for £599,995 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since September 2021, the market for similar properties has dropped 3.8%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 2, Collins Close, Rayleigh within a radius of 1.2 kilometres over the last 2 years.
The most recent example is 5, Gowlett Mews, Rayleigh, SS6 9UP, a freehold house which sold for £550,462 on the 28th June 2024.
Read more about house prices in SS6.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Collins Close, Rayleigh, SS6 has a total of 9 addresses. According to our analysis of all the public data, 2, Collins Close, Rayleigh is the largest and the most expensive property on the street.
When compared to the postcode district it is £117k more expensive than the average property in SS6.
The closest station to 2, Collins Close, Rayleigh is Rayleigh station which is 2.0 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, Collins Close, 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, Collins Close, 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, Collins Close, 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, Collins Close, 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, Collins Close, 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.