157, Heath Road
157, Heath Road
Description & Estimates
157, Heath Road, Grays appears in the public record as a freehold house.
By comparing it to nearby properties, we estimate it to be a period house with 1,238 ft2 of internal area and a garden.
Locally, houses of this size normally have 4 bedrooms.
Our estimate of the sale value of 157, Heath Road, Grays is £432,786 and its rental estimate is £2,342 per month, given the available information and assuming reasonable condition.
Heath Road, Orsett, Grays, RM16 falls within the RM16 postal district.
Our Data Sources
157, Heath Road, Grays has 31 entries in the Land Registry , most recently in August 2010 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 2 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 157, Heath Road, Grays, we estimate a market value of £454,425 and a rental value of £2,459 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £402,491 and £2,178 per month respectively.
Recent Market Change
Over the last year, 157, Heath Road, Grays has seen its estimated sale value rise by £2,282 (0.5%) and its estimated rental value move up by £68 per month (2.9%). This results in an estimated gross rental yield of 6.5%.
Sold Prices
The most recent sale of 157, Heath Road, Grays completed on 10th August 2010 at £222,000 and was recorded by HM Land Registry as a freehold house.
Since 1995 the property has sold 3 times.
Values of comparable properties have risen by 131.6% over the period since August 2010.
- Sold Aug 2010£222,000
- Sold Sep 2002£149,000
- Sold Jul 1998£75,000
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to 157, Heath Road, Grays have sold within a radius of 990 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 4th September 2023, was 4, Gowers Lane, Grays, RM16 3AR, a freehold house which sold for £423,000.
Read more about house prices in RM16.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Of the 121 addresses on Heath Road, Orsett, Grays, RM16, 157, Heath Road, Grays comes out as the 31st largest and the 41st most expensive in our analysis of the public data.
It is also £28k more expensive than the average property across the RM16 district.
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Schools Nearby
- 800mWoodside Academy
- 1.2kmHerringham Primary Academy
- 1.4kmChadwell St Mary Primary School
- 700mOrsett Heath Academy
- 2.0kmThe Gateway Academy
- 2.2kmWilliam Edwards School
More reading links
Public Transport Nearby
From 157, Heath Road, Grays, the nearest station is Grays, 3.3 kilometres away.
- 3.3kmGrays
- 3.5kmTilbury Town
- 3.7kmEast Tilbury
Available Internet Speeds
Broadband here reaches ultrafast speeds, based on recent Ofcom data.
According to recent data from Ofcom, Ultrafast broadband is available in the area.
Risk of Flooding
The flood risk here is rated very low, based on Environment Agency data.
