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The public record describes 216 Road, Grays as a mid-century apartment with 419 ft2 of internal area.
In this area, apartments of this size normally have 1 bedroom.
216 Road, Grays has an estimated sale value of £146,989 and an estimated rental value of £1,097 per month, assuming reasonable condition and based on the information available.
London Road, Grays, RM17 lies within the RM17 postal district.
216 Road, Grays has no records in the the Land Registry and a single entry in the EPC database dated August 2022.
We combine this information with public data of neighbouring properties to estimate the property attributes and values.
The local information is scored as 1 out of 5 and is considered of low accuracy.
In very good condition, we estimate 216 Road, Grays would be worth £154,339, with a potential rental value of £1,152 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £136,700, with a rental value of £1,020 per month.
The extent to which decoration affects a property's value depends on its type, size and location.
The estimated sale value of 216 Road, Grays has grown by £797 (0.5%) over the last year. During the same period, its estimated monthly rental value has climbed by £46 (4.2%). The property's estimated gross yield is currently 9.0%.
216 Road, Grays has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 15 Aug 2022.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
Land Registry records and our Estate Agent network show 3 sales of comparable properties within 590 metres of 216 Road, Grays across the last 2 years.
Most recently, 23A, Rosebery Road, Grays, RM17 5YT, a leasehold flat, sold at £120,000 on the 28th October 2024.
Read more about house prices in RM17.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Our analysis of the public data ranks 216 Road, Grays as the 157th largest and the 160th most expensive of the 165 addresses on London Road, Grays, RM17.
Against the RM17 postcode district average, it is £161k less expensive than the typical property.
Grays station is the nearest stop to 216 Road, Grays at 800 metres away.
Ofcom's latest figures show ultrafast broadband available in this area.
According to recent data from Ofcom, Ultrafast broadband is available in the area.
Environment Agency data suggests this area has a very low risk of flooding.
The recent census recorded whether a resident owned or rented their home.
In the area around 216 Road, Grays, 40.0% of property is privately rented and 31.4% 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 216 Road, Grays, 24.8% of residents are recorded as possessing school level qualifications and 32.3% 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 216 Road, Grays, the average age was 31.7 and the most common age was 32.
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 216 Road, 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 216 Road, Grays, 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.