According to the public record, 463, Rayleigh Road, Benfleet is a period freehold house with 1,550 ft2 of internal area and sits on a 508 m2 plot.
Houses of this size in this area normally have 4 bedrooms with a garden.
Rayleigh Road, Benfleet, SS7 is located in the borough of Castle Point within the SS7 postal district.
463, Rayleigh Road, Benfleet has 21 entries in the Land Registry database, most recently in March 2021 and a single entry in the EPC database dated November 2020.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
Based on public information available, and assuming the property is in reasonable condition, we estimate the current sale value for 463 Rayleigh Road Benfleet as £648,054 and the rental value as £2,290 per month giving an expected gross yield of 4.2%.
Over the last 12 months the sale value of 463 Rayleigh Road Benfleet has increased by £7,501 (1.2%) and its rental value has increased by £105 per month (4.6%).
Decorative condition can have a big effect on a property's value and this effect varies depending on the type, size and location of the property.
If 463, Rayleigh Road, Benfleet is in very good condition we estimate a sale value of £680,456 and rental value of £2,404 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £602,690 and a rental value of £2,130 per month.
If you were able to purchase this property for the estimated value of £648,054, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £3,185 per month.
This figure is only an estimate but we've partnered with Mortgage Advice Bureau who can provide a figure tailored for you! Get started using their mortgage finder below.
According to data from HM Land Registry, 463, Rayleigh Road, Benfleet sits on a plot of 508m2.
We have plot size data on 5 out of 7 other houses in the postcode and 463, Rayleigh Road, Benfleet sits on the 5th largest plot.
According to HM Land Registry, 463, Rayleigh Road, Benfleet was last sold on 29 Mar 2021 for £562,500 and was recorded as a freehold house.
The property has had 2 sales since 1995.
Since Mar 2021, the market for similar properties has risen 6.6%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 463, Rayleigh Road, Benfleet within a radius of 800 metres over the last 2 years.
The most recent example is 89, Daws Heath Road, Benfleet, SS7 2TA, a Freehold house which sold for £550,000 in Aug 2023.
Read more about house prices in SS7.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Rayleigh Road, Benfleet, SS7 has a total of 276 addresses. According to our analysis of all the public data, 463, Rayleigh Road, Benfleet is the 34th largest and the 16th most expensive property on the street.
When compared to the postcode district it is £230k more expensive than the average property in SS7.
463, Rayleigh Road, Benfleet has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 03 Nov 2020.
The property is connected to mains gas and has partial secondary glazing. It is heated using a boiler and radiators.
The closest station to 463, Rayleigh Road, Benfleet is Rayleigh station which is 1.8 kilometres away.
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
The recent census recorded whether a resident owned or rented their home.
In the area around 463, Rayleigh Road, Benfleet, 44.8% of property is privately owned outright and 25.9% is privately owned with a mortgage.
The graph below shows how this compares to Greater London 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 463, Rayleigh Road, Benfleet, 16.8% of residents are recorded as possessing school level qualifications and 23.6% as possessing degree level qualifications.
The graph below shows how this compares to Greater London and the rest of England & Wales
The most recent census in 2021 recorded the age of all UK residents.
In the area around 463, Rayleigh Road, Benfleet, the average age was 44.7 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 463, Rayleigh Road, Benfleet, 0.3% 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 463, Rayleigh Road, Benfleet, 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.