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According to the public record, 22, Furness Close, Grays is a mid-century freehold house with 559 ft2 of internal area and sits on a 86.5 m2 plot.
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 22, Furness Close, Grays is £275,734 and the estimated rental value is £1,528 per month.
Furness Close, Grays, RM16 is located within the RM16 postal district.
22, Furness Close, Grays has 61 entries in the Land Registry , most recently in February 2023 and a single entry in the EPC database dated October 2022.
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 22, Furness Close, Grays is in very good condition we estimate a sale value of £289,520 and a rental value of £1,604 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £256,432 and a rental value of £1,421 per month.
Over the last 12 months the sale value of 22 Furness Close Grays has increased by an estimated £3,430 (1.2%) and its rental value has increased by an estimated £64 per month (4.2%), giving an expected gross yield of 6.6%.
According to data from HM Land Registry, 22, Furness Close, Grays sits on a plot of 86m2.
We have plot size data on 49 out of 63 other houses in the postcode and 22, Furness Close, Grays sits on the 48th largest plot.
22, Furness Close, Grays has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 13 Oct 2022.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
According to HM Land Registry, 22, Furness Close, Grays was last sold on 1st February 2023 for £283,500 and was recorded as a freehold house.
The property has had 6 sales since 1995.
Since February 2023, the market for similar properties has risen 2.3%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 22, Furness Close, Grays within a radius of 710 metres over the last 2 years.
The most recent example is 24, Furness Close, Grays, RM16 4JB, a freehold house which sold for £252,000 on the 26th July 2024.
Read more about house prices in RM16.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Furness Close, Grays, RM16 has a total of 63 addresses. According to our analysis of all the public data, 22, Furness Close, Grays is the 56th largest and the 56th most expensive property on the street.
When compared to the postcode district it is £129k less expensive than the average property in RM16.
The closest station to 22, Furness Close, Grays is Tilbury Town station which is 2.3 kilometres away.
According to recent data from Ofcom, ultrafast broadband is available in this area.
According to recent data from Ofcom, Ultrafast 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.
The recent census recorded whether a resident owned or rented their home.
In the area around 22, Furness Close, Grays, 46.0% of property is privately owned with a mortgage and 25.0% 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 22, Furness Close, Grays, 19.6% of residents are recorded as possessing school level qualifications and 21.8% 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 22, Furness Close, Grays, the average age was 38.6 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 22, Furness Close, Grays, 0.5% 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 22, Furness Close, Grays, there are an average of 1.3 cars per household.
See below for how this compares to East of England and the rest of England & Wales.
