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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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Public records show 59, Richmond Drive, Rayleigh to be a mid-century freehold house with 850 ft2 of internal area, sitting on a 136 m2 plot.
In this area, houses of this size normally have 3 bedrooms with a garden.
59, Richmond Drive, Rayleigh has an estimated sale value of £357,139 and an estimated rental value of £1,789 per month, assuming reasonable condition and based on the information available.
Richmond Drive, Rayleigh, SS6 lies in the borough of Rochford, within the SS6 postal district.
59, Richmond Drive, Rayleigh has a single entry in the Land Registry from March 2017 and a single entry in the EPC database dated February 2017.
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.
In very good condition, we estimate 59, Richmond Drive, Rayleigh would be worth £374,995, with a potential rental value of £1,879 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £332,139, with a rental value of £1,664 per month.
The extent to which decoration affects a property's value depends on its type, size and location.
The estimated sale value of 59, Richmond Drive, Rayleigh has decreased by £1,485 (0.4%) over the last year. During the same period, its estimated monthly rental value has grown by £52 (2.9%). The property's estimated gross yield is currently 6.0%.
59, Richmond Drive, Rayleigh occupies a 136 m2 plot as recorded by HM Land Registry.
Of the 48 other houses in this postcode, 38 have recorded plot sizes, and this one ranks as the 39th largest.
59, Richmond Drive, Rayleigh has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 20 Feb 2017.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
59, Richmond Drive, Rayleigh last changed hands on 3rd March 2017, selling for £220,000. The transaction was logged as a freehold house by HM Land Registry.
That is its only recorded sale since 1995.
The market for similar properties has risen by 22.6% since March 2017.
Land Registry records and our Estate Agent network show 3 sales of comparable properties within 680 metres of 59, Richmond Drive, Rayleigh across the last 2 years.
Most recently, 53, Richmond Drive, Rayleigh, SS6 7RJ, a freehold house, sold at £365,000 on the 8th November 2024.
Read more about house prices in SS6.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Our analysis of the public data ranks 59, Richmond Drive, Rayleigh as the 75th largest and the 74th most expensive of the 81 addresses on Richmond Drive, Rayleigh, SS6.
Against the SS6 postcode district average, it is £84k less expensive than the typical property.
Rayleigh station is the nearest stop to 59, Richmond Drive, Rayleigh at 1.3 kilometres away.
Ofcom's latest figures show superfast broadband available in this area.
According to recent data from Ofcom, Superfast broadband is available in the area.
Environment Agency data suggests this area has a very low risk of flooding.
The recent census recorded whether a resident owned or rented their home.
In the area around 59, Richmond Drive, Rayleigh, 56.6% of property is privately owned outright and 39.2% 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 59, Richmond Drive, Rayleigh, 17.9% of residents are recorded as possessing school level qualifications and 24.8% 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 59, Richmond Drive, Rayleigh, the average age was 45.2 and the most common age was 57.
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 59, Richmond Drive, Rayleigh, 0.0% 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 59, Richmond Drive, Rayleigh, there are an average of 1.5 cars per household.
See below for how this compares to East of England and the rest of England & Wales.
