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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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16A, Rainbow Road, Canvey Island is recorded publicly as a modern freehold house across 613 ft2 of internal area, sitting on a 189 m2 plot.
Locally, houses of this size normally have 2 bedrooms with a garden.
Our estimate of the sale value of 16A, Rainbow Road, Canvey Island is £257,101 and its rental estimate is £1,264 per month, given the available information and assuming reasonable condition.
Rainbow Road, Canvey Island, SS8 falls within the SS8 postal district, in the borough of Castle Point.
16A, Rainbow Road, Canvey Island has 2 entries in the Land Registry , most recently in March 2016 and a single entry in the EPC database dated April 2014.
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.
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 16A, Rainbow Road, Canvey Island, we estimate a market value of £269,956 and a rental value of £1,327 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £239,104 and £1,175 per month respectively.
Over the last year, 16A, Rainbow Road, Canvey Island has seen its estimated sale value fall by £4,855 (1.9%) and its estimated rental value move up by £29 per month (2.3%). This results in an estimated gross rental yield of 5.9%.
HM Land Registry records the plot of land for 16A, Rainbow Road, Canvey Island as measuring 189 m2.
That makes it the 26th largest plot in the postcode, where 26 of the 29 other houses have recorded plot data.
16A, Rainbow Road, Canvey Island has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 23 Apr 2014.
The property is not connected to mains gas and has mostly double glazing. It is heated using Boiler and radiators, mains gas.
The most recent sale of 16A, Rainbow Road, Canvey Island completed on 30th March 2016 at £248,000 and was recorded by HM Land Registry as a freehold house.
Since 1995 the property has sold twice.
Values of comparable properties have risen by 40.1% over the period since March 2016.
Over the past 2 years 3 properties similar to 16A, Rainbow Road, Canvey Island have sold within a radius of 530 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 9th September 2024, was 14, Kamerwyk Avenue, Canvey Island, SS8 8AU, a freehold house which sold for £256,000.
Read more about house prices in SS8.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Of the 69 addresses on Rainbow Road, Canvey Island, SS8, 16A, Rainbow Road, Canvey Island comes out as the 66th largest and the 66th most expensive in our analysis of the public data.
It is also £67k less expensive than the average property across the SS8 district.
From 16A, Rainbow Road, Canvey Island, the nearest station is Benfleet, 3.4 kilometres away.
Broadband here reaches superfast speeds, based on recent Ofcom data.
According to recent data from Ofcom, Superfast broadband is available in the area.
The flood risk here is rated very low, based on Environment Agency data.
The recent census recorded whether a resident owned or rented their home.
In the area around 16A, Rainbow Road, Canvey Island, 44.4% of property is privately owned with a mortgage and 41.7% is privately owned outright.
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 16A, Rainbow Road, Canvey Island, 17.9% of residents are recorded as possessing school level qualifications and 18.7% 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 16A, Rainbow Road, Canvey Island, the average age was 49.9 and the most common age was 72.
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 16A, Rainbow Road, Canvey Island, 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 16A, Rainbow Road, Canvey Island, there are an average of 1.7 cars per household.
See below for how this compares to East of England and the rest of England & Wales.
