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Houses of this size in this area normally have 2 bedrooms with a garden.
Based on available information, and assuming reasonable condition, the estimated sale value for 1, Credo Way, Grays is £310,885 and the estimated rental value is £1,515 per month.
Credo Way, Grays, RM20 is located within the RM20 postal district.
1, Credo Way, Grays has 31 entries in the Land Registry , most recently in September 2016 and a single entry in the EPC database dated August 2016.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 3 out of 5 and is considered of medium accuracy.
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 1, Credo Way, Grays is in very good condition we estimate a sale value of £326,430 and a rental value of £1,591 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £289,123 and a rental value of £1,409 per month.
Over the last 12 months the sale value of 1 Credo Way Grays has increased by an estimated £7,561 (2.4%) and its rental value has increased by an estimated £66 per month (4.3%), giving an expected gross yield of 5.8%.
According to data from HM Land Registry, 1, Credo Way, Grays sits on a plot of 107m2.
We have plot size data on 24 out of 30 other houses in the postcode and 1, Credo Way, Grays sits on the 18th largest plot.
1, Credo Way, Grays has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 09 Aug 2016.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Electric storage heaters.
According to HM Land Registry, 1, Credo Way, Grays was last sold on 26th September 2016 for £202,000 and was recorded as a freehold house.
The property has had 3 sales since 1995.
Since September 2016, the market for similar properties has risen 21.7%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 1, Credo Way, Grays within a radius of 690 metres over the last 2 years.
The most recent example is 17, Chapel Close, Grays, RM20 3JG, a freehold house which sold for £285,000 on the 24th August 2023.
Read more about house prices in RM20.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Credo Way, Grays, RM20 has a total of 30 addresses. According to our analysis of all the public data, 1, Credo Way, Grays is the 16th largest and the 17th most expensive property on the street.
When compared to the postcode district it is £31k more expensive than the average property in RM20.
The closest station to 1, Credo Way, Grays is Chafford Hundred Lakeside station which is 900 metres away.
According to recent data from Ofcom, superfast broadband is available in this area.
According to recent data from Ofcom, Superfast broadband is available in the area.
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
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The recent census recorded whether a resident owned or rented their home.
In the area around 1, Credo Way, Grays, % of property is and % is .
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 1, Credo Way, Grays, 0.0% of residents are recorded as possessing school level qualifications and 0.0% as possessing degree level qualifications.
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 1, Credo Way, Grays, 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 1, Credo Way, Grays, there are an average of 0.0 cars per household.
See below for how this compares to East of England and the rest of England & Wales.