116, Buttermere Way
116, Buttermere Way
Description & Estimates
According to the public record, 116, Buttermere Way, Grays is a modern leasehold apartment with 688 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
Based on available information, and assuming reasonable condition, the estimated sale value for 116, Buttermere Way, Grays is £249,355 and the estimated rental value is £1,416 per month.
Buttermere Way, West Thurrock, Grays, RM20 is located within the RM20 postal district.
Our Data Sources
116, Buttermere Way, Grays has a single entry in the Land Registry from December 2022 and a single entry in the EPC database dated November 2022.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 4 out of 5 and is considered of high accuracy.
Price Range & Condition
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 116, Buttermere Way, Grays is in very good condition we estimate a sale value of £261,822 and a rental value of £1,487 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £231,900 and a rental value of £1,317 per month.
Recent Market Change
Over the past 12 months, the estimated sale value of 116, Buttermere Way, Grays has decreased by £3,423 (1.4%), while its estimated rental value has grown by £25 per month (1.8%). Based on current estimates, the property offers a gross rental yield of 6.8%.
Energy Efficiency
116, Buttermere Way, Grays has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 18 Nov 2022.
The property is not connected to mains gas and has high performance glazing. It is heated using Boiler and radiators, mains gas.
Sold Prices
According to HM Land Registry, 116, Buttermere Way, Grays was last sold on 15th December 2022 for £279,995 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since December 2022, the market for similar properties has dropped by 7.7%.
- Sold Dec 2022£279,995
Similar Properties Sold Nearby
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 116, Buttermere Way, Grays within a radius of 1.1 kilometres over the last 2 years.
The most recent example is 128, Buttermere Way, Grays, RM20 3DB, a leasehold flat which sold for £280,995 on the 16th December 2022.
Read more about house prices in RM20.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Buttermere Way, West Thurrock, Grays, RM20 has a total of 116 addresses. According to our analysis of all the public data, 116, Buttermere Way, Grays is the 21st largest and the 50th most expensive property on the street.
When compared to the postcode district it is £24k less expensive than the average property in RM20.
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Schools Nearby
- 900mWest Thurrock Academy
- 1.2kmHarris Primary Academy Chafford Hundred
- 1.3kmHarris Primary Academy Mayflower
- 1.2kmHarris Academy Chafford Hundred
- 2.5kmHarris Academy Riverside
- 2.7kmOrmiston Park Academy
More reading links
Public Transport Nearby
The closest station to 116, Buttermere Way, Grays is Chafford Hundred Lakeside station, which is 800 metres away.
- 800mChafford Hundred Lakeside
- 2.7kmPurfleet
- 3.3kmGrays
Risk of Flooding
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
