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20, Victory Close, Grays is recorded publicly as a modern freehold house across 1,162 ft2 of internal area, sitting on a 379 m2 plot.
Locally, houses of this size normally have 4 bedrooms with a garden.
Our estimate of the sale value of 20, Victory Close, Grays is £509,281 and its rental estimate is £2,491 per month, given the available information and assuming reasonable condition.
Victory Close, Chafford Hundred, Grays, RM16 falls within the RM16 postal district.
20, Victory Close, Grays has 21 entries in the Land Registry , most recently in July 2024 and a single entry in the EPC database dated April 2024.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 4 out of 5 and is considered of high accuracy.
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 20, Victory Close, Grays, we estimate a market value of £534,745 and a rental value of £2,615 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £473,631 and £2,317 per month respectively.
Over the last year, 20, Victory Close, Grays has seen its estimated sale value rise by £2,685 (0.5%) and its estimated rental value move up by £72 per month (2.9%). This results in an estimated gross rental yield of 5.9%.
HM Land Registry records the plot of land for 20, Victory Close, Grays as measuring 379 m2.
That makes it the 14th largest plot in the postcode, where all 39 other houses have recorded plot data.
20, Victory Close, Grays has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 06 Apr 2024.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
The most recent sale of 20, Victory Close, Grays completed on 1st July 2024 at £410,000 and was recorded by HM Land Registry as a freehold house.
Since 1995 the property has sold twice.
Values of comparable properties have dropped by 10.3% over the period since July 2024.
Over the past 2 years 3 properties similar to 20, Victory Close, Grays have sold within a radius of 590 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 11th December 2024, was 22, Kershaw Close, Grays, RM16 6RN, a freehold house which sold for £480,000.
Read more about house prices in RM16.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Of the 39 addresses on Victory Close, Chafford Hundred, Grays, RM16, 20, Victory Close, Grays comes out as the 19th largest and the 20th most expensive in our analysis of the public data.
It is also £104k more expensive than the average property across the RM16 district.
From 20, Victory Close, Grays, the nearest station is Chafford Hundred Lakeside, 600 metres away.
Broadband here reaches superfast speeds, based on recent Ofcom data.
According to recent data from Ofcom, Superfast broadband is available in the area.
The flood risk here is rated very low, based on Environment Agency data.
The recent census recorded whether a resident owned or rented their home.
In the area around 20, Victory Close, Grays, 65.3% of property is privately owned with a mortgage and 19.5% 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 20, Victory Close, Grays, 30.7% of residents are recorded as possessing school level qualifications and 41.5% 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 20, Victory Close, Grays, the average age was 32.5 and the most common age was 42.
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 20, Victory Close, 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 20, Victory Close, Grays, there are an average of 1.4 cars per household.
See below for how this compares to East of England and the rest of England & Wales.
