24A, Rainbow Road
24A, Rainbow Road
Description & Estimates
24A, Rainbow Road, Canvey Island is recorded publicly as a mid-century freehold house across 667 ft2 of internal area, sitting on a 210 m2 plot.
Locally, houses of this size normally have 2 bedrooms with a garden.
Our estimate of the sale value of 24A, Rainbow Road, Canvey Island is £268,106 and its rental estimate is £1,308 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.
Our Data Sources
24A, Rainbow Road, Canvey Island has 2 entries in the Land Registry , most recently in November 2020 and a single entry in the EPC database dated July 2018.
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.
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 24A, Rainbow Road, Canvey Island, we estimate a market value of £281,511 and a rental value of £1,373 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £249,339 and £1,216 per month respectively.
Recent Market Change
Over the last year, 24A, Rainbow Road, Canvey Island has seen its estimated sale value decline by £5,063 (1.9%) and its estimated rental value climb by £30 per month (2.3%). This results in an estimated gross rental yield of 5.9%.
Plot Size
HM Land Registry records the plot of land for 24A, Rainbow Road, Canvey Island as measuring 210 m2.
That makes it the 18th largest plot in the postcode, where 26 of the 29 other houses have recorded plot data.
Energy Efficiency
24A, Rainbow Road, Canvey Island has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 06 Jul 2018.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
Sold Prices
The most recent sale of 24A, Rainbow Road, Canvey Island completed on 2nd November 2020 at £287,000 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 20.7% over the period since November 2020.
- Sold Nov 2020£287,000
- Sold Oct 2018£225,000
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to 24A, Rainbow Road, Canvey Island have sold within a radius of 510 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.
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Location Comparison
Of the 69 addresses on Rainbow Road, Canvey Island, SS8, 24A, Rainbow Road, Canvey Island comes out as the 59th largest and the 59th most expensive in our analysis of the public data.
It is also £56k less expensive than the average property across the SS8 district.
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Schools Nearby
- 700mSt Joseph's Catholic Primary School and Nursery
- 1.1kmLubbins Park Primary Academy
- 1.2kmLeigh Beck Infant School and Nursery Academy
- 400mCastle View School
- 3.6kmThe King John School
- 4.1kmBelfairs Academy
More reading links
Public Transport Nearby
From 24A, Rainbow Road, Canvey Island, the nearest station is Benfleet, 3.4 kilometres away.
- 3.4kmBenfleet
- 3.5kmLeigh-on-Sea
- 5.3kmChalkwell
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.
