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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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Flat B, 8, Canvey Road, Canvey Island is recorded publicly as a modern leasehold apartment across 742 ft2 of internal area.
Locally, apartments of this size normally have 2 bedrooms.
Our estimate of the sale value of Flat B, 8, Canvey Road, Canvey Island is £160,984 and its rental estimate is £917 per month, given the available information and assuming reasonable condition.
8, Canvey Road is a residential building on Canvey Road, Canvey Island, SS8 and falls within the SS8 postal district and the borough of Castle Point.
Flat B, 8, Canvey Road, Canvey Island has a single entry in the Land Registry from February 2019 and a single entry in the EPC database dated August 2018.
We combine this information with that 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.
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 Flat B, 8, Canvey Road, Canvey Island, we estimate a market value of £169,033 and a rental value of £963 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £149,715 and £853 per month respectively.
Over the last year, Flat B, 8, Canvey Road, Canvey Island has seen its estimated sale value fall by £2,794 (1.7%) and its estimated rental value move up by £20 per month (2.2%). This results in an estimated gross rental yield of 6.8%.
Flat B, 8, Canvey Road, Canvey Island has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 07 Aug 2018.
The property is not connected to mains gas and has single glazed windows. It is heated using Boiler and radiators, mains gas.
The most recent sale of Flat B, 8, Canvey Road, Canvey Island completed on 27th February 2019 at £160,000 and was recorded by HM Land Registry as a leasehold flat.
Since 1995 this is the property's only sale.
Values of comparable properties have risen by 26.2% over the period since February 2019.
Over the past 2 years 1 property similar to Flat B, 8, Canvey Road, Canvey Island has sold within a radius of 680 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 22nd September 2023, was 399A, Long Road, Canvey Island, SS8 0JH, a leasehold flat which sold for £155,000.
Read more about house prices in SS8.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Of the 77 addresses on Canvey Road, Canvey Island, SS8, Flat B, 8, Canvey Road, Canvey Island comes out as the 68th largest and the 77th most expensive in our analysis of the public data.
It is also £163k less expensive than the average property across the SS8 district.
From Flat B, 8, Canvey Road, Canvey Island, the nearest station is Benfleet, 2.7 kilometres away.
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 Flat B, 8, Canvey Road, Canvey Island, 47.9% of property is privately owned outright and 35.0% 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 Flat B, 8, Canvey Road, Canvey Island, 19.4% of residents are recorded as possessing school level qualifications and 18.4% 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 Flat B, 8, Canvey Road, Canvey Island, the average age was 39.5 and the most common age was 12.
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 Flat B, 8, Canvey 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 Flat B, 8, Canvey Road, Canvey Island, there are an average of 1.3 cars per household.
See below for how this compares to East of England and the rest of England & Wales.
