Our Data Sources
24, Rainbow Road, Grays has 61 entries in the Land Registry , most recently in August 2019 and a single entry in the EPC database dated January 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.
Price Range & Condition
In very good condition, we estimate 24, Rainbow Road, Grays would be worth £391,651, with a potential rental value of £1,814 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £346,891, with a rental value of £1,606 per month.
The extent to which decoration affects a property's value depends on its type, size and location.
Plot Size
24, Rainbow Road, Grays occupies a 149 m2 plot as recorded by HM Land Registry.
All 21 other houses in this postcode have recorded plot sizes, and this one ranks as the 14th largest.
Energy Efficiency
24, Rainbow Road, Grays has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 22 Jan 2024.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
Sold Prices
24, Rainbow Road, Grays last changed hands on 23rd August 2019, selling for £308,000. The transaction was logged as a freehold house by HM Land Registry.
In total it has sold 6 times since 1995.
The market for similar properties has risen by 9.5% since August 2019.
- Sold Aug 2019£308,000
- Sold Jun 2015£240,000
- Sold Oct 2008£196,000
Similar Properties Sold Nearby
Land Registry records and our Estate Agent network show 194 sales of comparable properties within 590 metres of 24, Rainbow Road, Grays across the last 2 years.
Most recently, 22, Rainbow Road, Grays, RM16 6NG, a freehold house, sold at £367,000 on the 8th August 2024.
Read more about house prices in RM16.
- Sold Aug 2024£367,000 | 2 Bed House22, Rainbow Road, Grays, RM16 6NG22, Rainbow Road, Grays, RM16 6NG
- Sold Aug 2022£300,000 | 2 Bed House14, Rainbow Road, Grays, RM16 6NG14, Rainbow Road, Grays, RM16 6NG
- Sold May 2022£349,995 | 2 Bed House2, Triumph Close, Grays, RM16 6RQ2, Triumph Close, Grays, RM16 6RQ
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
More reading links
Location Comparison
Our analysis of the public data ranks 24, Rainbow Road, Grays as the 19th largest and the 19th most expensive of the 21 addresses on Rainbow Road, Chafford Hundred, Grays, RM16.
Against the RM16 postcode district average, it is £32k less expensive than the typical property.
More reading links
Schools Nearby
- Warren Primary School300 m away
- Harris Primary Academy Chafford Hundred500 m away
- Harris Primary Academy Mayflower500 m away
- Harris Academy Chafford Hundred500 m away
- The Hathaway Academy2.4 km away
- Thames Park Secondary School2.4 km away
More reading links
Public Transport Nearby
- Chafford Hundred Lakeside|400 m away
- Grays|2.3 km away
- Purfleet|4.0 km away
Available Internet Speeds
Ofcom's latest figures show superfast broadband available in this area.
According to recent data from Ofcom, Superfast Broadband is available in the area.
Risk of Flooding
Environment Agency data suggests this area has a Very Low risk of flooding.
