2, Rainbow Avenue
2, Rainbow Avenue
Description & Estimates
2, Rainbow Avenue, Canvey Island is described in the public record as a mid-century house with 850 ft2 of internal area, sitting on a 374 m2 plot.
Locally, houses of this size normally have 3 bedrooms with a garden.
Our estimate of the sale value of 2, Rainbow Avenue, Canvey Island is £218,034 and its rental estimate is £1,117 per month, given the available information and assuming reasonable condition.
Rainbow Avenue, Canvey Island, SS8 falls within the SS8 postal district, in the borough of Castle Point.
Our Data Sources
2, Rainbow Avenue, Canvey Island has no records in the the Land Registry and a single entry in the EPC database dated February 2022.
We combine this information with public data of neighbouring properties to estimate the property attributes and values.
The local information is scored as 1 out of 5 and is considered of low accuracy.
Price Range & Condition
The condition of a property plays an important role in determining its value, with the degree of impact varying by property type, size and location.
For 2, Rainbow Avenue, Canvey Island, we estimate a market value of £228,936 and a rental value of £1,173 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £202,772 and £1,039 per month respectively.
Recent Market Change
Over the last year, 2, Rainbow Avenue, Canvey Island has seen its estimated sale value move down by £3,008 (1.4%) and its estimated rental value increase by £31 per month (2.8%). This results in an estimated gross rental yield of 6.1%.
Plot Size
HM Land Registry records the plot of land for 2, Rainbow Avenue, Canvey Island as measuring 374 m2.
That makes it the 2nd largest plot in the postcode, where all 10 other houses have recorded plot data.
Energy Efficiency
2, Rainbow Avenue, Canvey Island has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 21 Feb 2022.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
Similar Properties Sold Nearby
Over the past 2 years 1 property similar to 2, Rainbow Avenue, Canvey Island has sold within a radius of 530 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 20th June 2014, was 1, Rainbow Avenue, Canvey Island, SS8 8AF, a freehold house which sold for £215,000.
Read more about house prices in SS8.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Of the 10 addresses on Rainbow Avenue, Canvey Island, SS8, 2, Rainbow Avenue, Canvey Island comes out as the 7th largest and the 7th most expensive in our analysis of the public data.
It is also £106k less expensive than the average property across the SS8 district.
More reading links
Schools Nearby
- 600mSt Joseph's Catholic Primary School and Nursery
- 1.1kmLubbins Park Primary Academy
- 1.2kmSt Katherine's Church of England Primary School
- 300mCastle View School
- 3.6kmThe King John School
- 4.2kmBelfairs Academy
More reading links
Public Transport Nearby
From 2, Rainbow Avenue, Canvey Island, the nearest station is Benfleet, 3.3 kilometres away.
- 3.3kmBenfleet
- 3.6kmLeigh-on-Sea
- 5.4kmChalkwell
Available Internet Speeds
Broadband here reaches superfast speeds, based on recent Ofcom data.
According to recent data from Ofcom, Superfast broadband is available in the area.
Risk of Flooding
The flood risk here is rated very low, based on Environment Agency data.
