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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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According to the public record, 1, Palmers Drive, Grays is a freehold house.
By comparing it to neighbours, we estimate that it is a modern house with 909 ft2 of internal area and sits on a 187 m2 plot and a garden.
Houses of this size in this area normally have 3 bedrooms.
Based on available information, and assuming reasonable condition, the estimated sale value for 1, Palmers Drive, Grays is £372,337 and the estimated rental value is £1,801 per month.
Palmers Drive, Grays, RM17 is located within the RM17 postal district.
1, Palmers Drive, Grays has a single entry in the Land Registry from June 2007 and no records in the EPC database.
We combine this sold price information with public data of neighbouring properties to estimate the attributes and values.
The local information is scored as 4 out of 5 and is considered of high 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, Palmers Drive, Grays is in very good condition we estimate a sale value of £390,953 and a rental value of £1,891 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £346,273 and a rental value of £1,675 per month.
Over the last 12 months the sale value of 1 Palmers Drive Grays has increased by an estimated £2,597 (0.7%) and its rental value has increased by an estimated £44 per month (2.4%), giving an expected gross yield of 5.8%.
According to data from HM Land Registry, 1, Palmers Drive, Grays sits on a plot of 187m2.
We have plot size data on 43 out of 43 other houses in the postcode and 1, Palmers Drive, Grays sits on the 25th largest plot.
According to HM Land Registry, 1, Palmers Drive, Grays was last sold on 15th June 2007 for £198,500 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since June 2007, the market for similar properties has risen 80.3%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 1, Palmers Drive, Grays within a radius of 530 metres over the last 2 years.
The most recent example is 9, Palmers Drive, Grays, RM17 5RA, a freehold house which sold for £367,000 on the 21st May 2024.
Read more about house prices in RM17.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Palmers Drive, Grays, RM17 has a total of 94 addresses. According to our analysis of all the public data, 1, Palmers Drive, Grays is the 28th largest and the 26th most expensive property on the street.
When compared to the postcode district it is £59k more expensive than the average property in RM17.
The closest station to 1, Palmers Drive, Grays is Grays station which is 1.4 kilometres 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.
The recent census recorded whether a resident owned or rented their home.
In the area around 1, Palmers Drive, Grays, 48.8% of property is privately owned with a mortgage and 41.1% is privately owned outright.
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, Palmers Drive, Grays, 23.9% of residents are recorded as possessing school level qualifications and 25.0% 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 1, Palmers Drive, Grays, the average age was 40.9 and the most common age was 37.
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, Palmers Drive, 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, Palmers Drive, Grays, there are an average of 1.4 cars per household.
See below for how this compares to East of England and the rest of England & Wales.
