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Houses of this size in this area normally have 2 bedrooms with a garden.
Based on available information, and assuming reasonable condition, the estimated sale value for 2, Elm Terrace, Grays is £243,520 and the estimated rental value is £1,396 per month.
Elm Terrace, Grays, RM20 is located within the RM20 postal district.
2, Elm Terrace, Grays has no records in the the Land Registry and a single entry in the EPC database dated August 2016.
We combine this information with public data of neighbouring properties to estimate the property attributes and values.
The local information is scored as 2 out of 5 and is considered of medium 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 2, Elm Terrace, Grays is in very good condition we estimate a sale value of £255,695 and a rental value of £1,466 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £226,473 and a rental value of £1,298 per month.
Over the last 12 months the sale value of 2 Elm Terrace Grays has increased by an estimated £5,923 (2.4%) and its rental value has increased by an estimated £61 per month (4.3%), giving an expected gross yield of 6.9%.
According to data from HM Land Registry, 2, Elm Terrace, Grays sits on a plot of 87m2.
We have plot size data on 6 out of 6 other houses in the postcode and 2, Elm Terrace, Grays sits on the 6th largest plot.
2, Elm Terrace, Grays has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 30 Aug 2016.
The property is connected to mains gas and has fully double glazed windows. It is heated using Room heaters, electric.
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 2, Elm Terrace, Grays within a radius of 820 metres over the last 2 years.
The most recent example is 37, Flint Street, Grays, RM20 3HA, a freehold house which sold for £272,000 on the 31st August 2022.
Read more about house prices in RM20.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Elm Terrace, Grays, RM20 has a total of 6 addresses. According to our analysis of all the public data, 2, Elm Terrace, Grays is the 6th largest and the 6th most expensive property on the street.
When compared to the postcode district it is £36k less expensive than the average property in RM20.
The closest station to 2, Elm Terrace, Grays is Chafford Hundred Lakeside station which is 1.1 kilometres away.
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
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The recent census recorded whether a resident owned or rented their home.
In the area around 2, Elm Terrace, Grays, % of property is and % is .
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 2, Elm Terrace, Grays, 0.0% of residents are recorded as possessing school level qualifications and 0.0% as possessing degree level qualifications.
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 2, Elm Terrace, 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 2, Elm Terrace, Grays, there are an average of 0.0 cars per household.
See below for how this compares to East of England and the rest of England & Wales.