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Company No. 11113204
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According to the public record, 110, King Edward Drive, Grays is a early-century freehold house with 839 ft2 of internal area and sits on a 438 m2 plot.
Houses of this size in this area normally have 3 bedrooms with a garden.
Based on available information, and assuming reasonable condition, the estimated sale value for 110, King Edward Drive, Grays is £438,278 and the estimated rental value is £2,065 per month.
King Edward Drive, Grays, RM16 is located within the RM16 postal district.
110, King Edward Drive, Grays has 2 entries in the Land Registry , most recently in December 2021 and a single entry in the EPC database dated January 2018.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 5 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 110, King Edward Drive, Grays is in very good condition we estimate a sale value of £460,192 and a rental value of £2,168 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £407,598 and a rental value of £1,920 per month.
Over the last 12 months the sale value of 110 King Edward Drive Grays has increased by an estimated £3,863 (0.9%) and its rental value has increased by an estimated £56 per month (2.7%), giving an expected gross yield of 5.7%.
According to data from HM Land Registry, 110, King Edward Drive, Grays sits on a plot of 438m2.
We have plot size data on 21 out of 24 other houses in the postcode and 110, King Edward Drive, Grays sits on the 19th largest plot.
110, King Edward Drive, Grays has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 11 Jan 2018.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
According to HM Land Registry, 110, King Edward Drive, Grays was last sold on 16th December 2021 for £450,000 and was recorded as a freehold house.
The property has had 2 sales since 1995.
Since December 2021, the market for similar properties has risen 8.4%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 110, King Edward Drive, Grays within a radius of 820 metres over the last 2 years.
The most recent example is 29, Crofton Road, Grays, RM16 2GY, a freehold house which sold for £420,000 on the 23rd February 2024.
Read more about house prices in RM16.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
King Edward Drive, Grays, RM16 has a total of 105 addresses. According to our analysis of all the public data, 110, King Edward Drive, Grays is the 89th largest and the 90th most expensive property on the street.
When compared to the postcode district it is £28k more expensive than the average property in RM16.
The closest station to 110, King Edward Drive, Grays is Grays station which is 2.6 kilometres away.
According to recent data from Ofcom, ultrafast broadband is available in this area.
According to recent data from Ofcom, Ultrafast 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 110, King Edward Drive, Grays, 50.5% of property is privately owned with a mortgage and 36.2% 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 110, King Edward Drive, Grays, 20.7% of residents are recorded as possessing school level qualifications and 30.8% 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 110, King Edward Drive, Grays, the average age was 40.2 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 110, King Edward Drive, Grays, 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 110, King Edward Drive, Grays, there are an average of 1.5 cars per household.
See below for how this compares to East of England and the rest of England & Wales.
