1, Hew Watt Close
1, Hew Watt Close
Description & Estimates
1, Hew Watt Close, Grays is recorded publicly as a modern freehold house across 936 ft2 of internal area, sitting on a 252 m2 plot.
Locally, houses of this size normally have 3 bedrooms with a garden.
Our estimate of the sale value of 1, Hew Watt Close, Grays is £438,468 and its rental estimate is £2,138 per month, given the available information and assuming reasonable condition.
Hew Watt Close, Orsett, Grays, RM16 falls within the RM16 postal district.
Our Data Sources
1, Hew Watt Close, Grays has 31 entries in the Land Registry , most recently in February 2023 and a single entry in the EPC database dated October 2022.
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.
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 1, Hew Watt Close, Grays, we estimate a market value of £460,391 and a rental value of £2,245 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £407,775 and £1,989 per month respectively.
Recent Market Change
Over the last year, 1, Hew Watt Close, Grays has seen its estimated sale value rise by £3,494 (0.8%) and its estimated rental value move up by £80 per month (3.7%). This results in an estimated gross rental yield of 5.9%.
Plot Size
HM Land Registry records the plot of land for 1, Hew Watt Close, Grays as measuring 252 m2.
That makes it the largest plot in the postcode, where 10 of the 11 other houses have recorded plot data.
Energy Efficiency
1, Hew Watt Close, Grays has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 21 Oct 2022.
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 1, Hew Watt Close, Grays completed on 24th February 2023 at £455,000 and was recorded by HM Land Registry as a freehold house.
Since 1995 the property has sold 3 times.
Values of comparable properties have dropped by 4.9% over the period since February 2023.
- Sold Feb 2023£455,000
- Sold Sep 2008£300,000
- Sold Feb 2006£249,995
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to 1, Hew Watt Close, Grays have sold within a radius of 2.2 kilometres, per the Land Registry and our network of Estate Agents.
The latest, on the 3rd March 2023, was 4, Hew Watt Close, Grays, RM16 3GU, a freehold house which sold for £445,000.
Read more about house prices in RM16.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
More reading links
Location Comparison
Of the 17 addresses on Hew Watt Close, Orsett, Grays, RM16, 1, Hew Watt Close, Grays comes out as the 9th largest and the 8th most expensive in our analysis of the public data.
It is also £34k more expensive than the average property across the RM16 district.
More reading links
Schools Nearby
- 200mOrsett Church of England Primary School
- 2.6kmDeneholm Primary School
- 2.6kmWoodside Academy
- 2.1kmOrsett Heath Academy
- 2.4kmWilliam Edwards School
- 3.5kmThe Hathaway Academy
More reading links
Public Transport Nearby
From 1, Hew Watt Close, Grays, the nearest station is Stanford-le-Hope, 4.0 kilometres away.
- 4.0kmStanford-le-Hope
- 4.3kmEast Tilbury
- 4.9kmGrays
Available Internet Speeds
Internet coverage here is poor, based on recent Ofcom data, and connectivity may be weak or unavailable.
According to recent data from Ofcom, Slow/none broadband is available in the area.
Risk of Flooding
The flood risk here is rated very low, based on Environment Agency data.
