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According to the public record, 121, Salisbury Road, Grays is a mid-century leasehold apartment with 559 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 121, Salisbury Road, Grays is £223,164 and the estimated rental value is £1,273 per month.
Salisbury Road, Grays, RM17 is located within the RM17 postal district.
121, Salisbury Road, Grays has a single entry in the Land Registry from February 2020 and a single entry in the EPC database dated October 2019.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 1 out of 5 and is considered of low 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 121, Salisbury Road, Grays is in very good condition we estimate a sale value of £234,322 and a rental value of £1,336 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £207,542 and a rental value of £1,184 per month.
Over the last 12 months the sale value of 121 Salisbury Road Grays has increased by an estimated £1,669 (0.7%) and its rental value has increased by an estimated £30 per month (2.4%), giving an expected gross yield of 6.8%.
121, Salisbury Road, Grays has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 01 Oct 2019.
The property is not connected to mains gas and has fully double glazed windows. It is heated using No system present: electric heaters assumed.
According to HM Land Registry, 121, Salisbury Road, Grays was last sold on 21st February 2020 for £199,995 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since February 2020, the market for similar properties has risen 13.4%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 121, Salisbury Road, Grays within a radius of 500 metres over the last 2 years.
The most recent example is 24A, High View Avenue, Grays, RM17 6RU, a leasehold flat which sold for £115,000 on the 13th August 2024.
Read more about house prices in RM17.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Salisbury Road, Grays, RM17 has a total of 127 addresses. According to our analysis of all the public data, 121, Salisbury Road, Grays is the 124th largest and the 123rd most expensive property on the street.
When compared to the postcode district it is £90k less expensive than the average property in RM17.
The closest station to 121, Salisbury Road, Grays is Grays station which is 800 metres 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 121, Salisbury Road, Grays, 41.8% of property is privately owned with a mortgage and 33.6% 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 121, Salisbury Road, Grays, 21.4% of residents are recorded as possessing school level qualifications and 31.2% 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 121, Salisbury Road, Grays, the average age was 37 and the most common age was 32.
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 121, Salisbury Road, 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 121, Salisbury Road, Grays, there are an average of 1.3 cars per household.
See below for how this compares to East of England and the rest of England & Wales.
