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Apartments 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 202, Lodge Lane, Grays is £237,195 and the estimated rental value is £1,466 per month.
The apartment is within 202, Lodge Lane, Grays, RM16.
Lodge Lane, Grays, RM16 is located within the RM16 postal district.
202, Lodge Lane, Grays has 61 entries in the Land Registry , most recently in July 2022 and a single entry in the EPC database dated February 2022.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 3 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 202, Lodge Lane, Grays is in very good condition we estimate a sale value of £249,054 and a rental value of £1,539 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £220,591 and a rental value of £1,364 per month.
Over the last 12 months the sale value of 202 Lodge Lane Grays has decreased by an estimated £2,257 (1.0%) and its rental value has increased by an estimated £11 per month (0.7%), giving an expected gross yield of 7.4%.
202, Lodge Lane, Grays has an Energy Performance Rating (EPC) of F. This is based on the most recent assessment, dated 10 Feb 2022.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Room heaters, electric.
According to HM Land Registry, 202, Lodge Lane, Grays was last sold on 15th July 2022 for £315,000 and was recorded as a leasehold flat.
The property has had 6 sales since 1995.
Since July 2022, the market for similar properties has risen 13.7%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 202, Lodge Lane, Grays within a radius of 550 metres over the last 2 years.
The most recent example is 1 Sartoria Court, Lenthall Avenue, Grays, RM17 5AA, a leasehold flat which sold for £249,000 on the 27th February 2026.
Read more about house prices in RM16.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Lodge Lane, Grays, RM16 has a total of 128 addresses. According to our analysis of all the public data, 202, Lodge Lane, Grays is the 124th largest and the 125th most expensive property on the street.
When compared to the postcode district it is £173k less expensive than the average property in RM16.
The closest station to 202, Lodge Lane, Grays is Grays station which is 1.8 kilometres away.
According to recent data from Ofcom, superfast broadband is available in this area.
According to recent data from Ofcom, Superfast broadband is available in the area.
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 202, Lodge Lane, Grays, 49.2% of property is privately owned outright and 45.2% 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 202, Lodge Lane, Grays, 18.4% of residents are recorded as possessing school level qualifications and 30.1% 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 202, Lodge Lane, Grays, the average age was 40.8 and the most common age was 12.
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 202, Lodge Lane, Grays, 1.1% 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 202, Lodge Lane, Grays, there are an average of 1.8 cars per household.
See below for how this compares to East of England and the rest of England & Wales.