18, Hemley Road
18, Hemley Road
Description & Estimates
18, Hemley Road, Grays is recorded publicly as a modern freehold house across 1,381 ft2 of internal area, sitting on a 304 m2 plot.
Locally, houses of this size normally have 4 bedrooms with a garden.
Our estimate of the sale value of 18, Hemley Road, Grays is £554,530 and its rental estimate is £2,656 per month, given the available information and assuming reasonable condition.
Hemley Road, Orsett, Grays, RM16 falls within the RM16 postal district.
Our Data Sources
18, Hemley Road, Grays has 31 entries in the Land Registry , most recently in March 2018 and a single entry in the EPC database dated August 2009.
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.
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 18, Hemley Road, Grays, we estimate a market value of £582,257 and a rental value of £2,789 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £515,713 and £2,470 per month respectively.
Recent Market Change
Over the last year, 18, Hemley Road, Grays has seen its estimated sale value grow by £2,923 (0.5%) and its estimated rental value climb by £77 per month (2.9%). This results in an estimated gross rental yield of 5.7%.
Plot Size
HM Land Registry records the plot of land for 18, Hemley Road, Grays as measuring 304 m2.
That makes it the 31st largest plot in the postcode, where all 56 other houses have recorded plot data.
Energy Efficiency
18, Hemley Road, Grays has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 21 Aug 2009.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
Sold Prices
The most recent sale of 18, Hemley Road, Grays completed on 9th March 2018 at £420,000 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 15.5% over the period since March 2018.
- Sold Mar 2018£420,000
- Sold Mar 2013£280,000
- Sold Nov 1995£100,000
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to 18, Hemley Road, Grays have sold within a radius of 2.0 kilometres, per the Land Registry and our network of Estate Agents.
The latest, on the 21st August 2024, was 3, Hemley Road, Grays, RM16 3DG, a freehold house which sold for £550,000.
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 101 addresses on Hemley Road, Orsett, Grays, RM16, 18, Hemley Road, Grays comes out as the 21st largest and the 17th most expensive in our analysis of the public data.
It is also £150k more expensive than the average property across the RM16 district.
More reading links
Schools Nearby
- 1.6kmOrsett Church of England Primary School
- 2.5kmHorndon-On-the-Hill CofE Primary School
- 2.6kmHerringham Primary Academy
- 2.1kmSt Clere's School
- 3.0kmOrsett Heath Academy
- 3.4kmMossbourne Port Side Academy
More reading links
Public Transport Nearby
From 18, Hemley Road, Grays, the nearest station is Stanford-le-Hope, 2.5 kilometres away.
- 2.5kmStanford-le-Hope
- 2.9kmEast Tilbury
- 5.5kmTilbury Town
Available Internet Speeds
Broadband here reaches superfast speeds, based on recent Ofcom data.
According to recent data from Ofcom, Superfast broadband is available in the area.
Risk of Flooding
The flood risk here is rated very low, based on Environment Agency data.
