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According to the public record, 2 The Quays, Tilbury is a modern leasehold apartment with 505 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms with a balcony.
Based on available information, and assuming reasonable condition, the estimated sale value for 2 The Quays, Tilbury is £167,587 and the estimated rental value is £1,235 per month.
The apartment is within The Quays, Dock Road, Tilbury, RM18.
Dock Road, Tilbury, RM18 is located within the RM18 postal district.
2 The Quays, Tilbury has a single entry in the Land Registry from December 2018 and a single entry in the EPC database dated March 2019.
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.
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 The Quays, Tilbury is in very good condition we estimate a sale value of £175,966 and a rental value of £1,297 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £155,856 and a rental value of £1,148 per month.
Over the last 12 months the sale value of 2 The Quays Tilbury has decreased by an estimated £1,943 (1.2%) and its rental value has increased by an estimated £23 per month (1.9%), giving an expected gross yield of 8.8%.
2 The Quays, Tilbury has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 25 Mar 2019.
The property is not connected to mains gas and has high performance glazing. It is heated using Room heaters, electric.
According to HM Land Registry, 2 The Quays, Tilbury was last sold on 6th December 2018 for £148,000 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since December 2018, the market for similar properties has risen 22.5%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 2 The Quays, Tilbury within a radius of 910 metres over the last 2 years.
The most recent example is 46 The Quays, Dock Road, Tilbury, RM18 7BL, a leasehold flat which sold for £190,000 on the 19th November 2024.
Read more about house prices in RM18.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Dock Road, Tilbury, RM18 has a total of 356 addresses. According to our analysis of all the public data, 2 The Quays, Tilbury is the 240th largest and the 219th most expensive property on the street.
When compared to the postcode district it is £140k less expensive than the average property in RM18.
The closest station to 2 The Quays, Tilbury is Tilbury Town station which is 400 metres away.
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 2 The Quays, Tilbury, 35.6% of property is privately rented and 34.3% is privately owned with a mortgage.
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 The Quays, Tilbury, 21.9% of residents are recorded as possessing school level qualifications and 26.9% 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 2 The Quays, Tilbury, the average age was 33.5 and the most common age was 7.
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 The Quays, Tilbury, 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 The Quays, Tilbury, there are an average of 1.0 cars per household.
See below for how this compares to East of England and the rest of England & Wales.