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According to the public record, 246, Lodge Lane, Grays is a early-century freehold house with 1,259 ft2 of internal area and sits on a 339 m2 plot.
Houses of this size in this area normally have 4 bedrooms with a garden.
Based on available information, and assuming reasonable condition, the estimated sale value for 246, Lodge Lane, Grays is £527,668 and the estimated rental value is £2,321 per month.
Lodge Lane, Grays, RM16 is located within the RM16 postal district.
246, Lodge Lane, Grays has 31 entries in the Land Registry , most recently in October 2017 and a single entry in the EPC database dated March 2023.
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 246, Lodge Lane, Grays is in very good condition we estimate a sale value of £554,051 and a rental value of £2,437 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £490,731 and a rental value of £2,158 per month.
Over the last 12 months the sale value of 246 Lodge Lane Grays has increased by an estimated £2,015 (0.4%) and its rental value has increased by an estimated £49 per month (2.1%), giving an expected gross yield of 5.3%.
According to data from HM Land Registry, 246, Lodge Lane, Grays sits on a plot of 339m2.
We have plot size data on 29 out of 30 other houses in the postcode and 246, Lodge Lane, Grays sits on the 22nd largest plot.
246, Lodge Lane, Grays has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 22 Mar 2023.
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, 246, Lodge Lane, Grays was last sold on 23rd October 2017 for £455,000 and was recorded as a freehold house.
The property has had 3 sales since 1995.
Since October 2017, the market for similar properties has risen 24.8%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 246, Lodge Lane, Grays within a radius of 560 metres over the last 2 years.
The most recent example is 26, Waverley Gardens, Grays, RM16 2TJ, a freehold house which sold for £460,000 on the 18th December 2024.
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, 246, Lodge Lane, Grays is the 63rd largest and the 49th most expensive property on the street.
When compared to the postcode district it is £117k more expensive than the average property in RM16.
The closest station to 246, Lodge Lane, Grays is Grays station which is 2.0 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 246, Lodge Lane, Grays, 52.1% of property is privately owned with a mortgage and 42.2% 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 246, Lodge Lane, Grays, 18.8% of residents are recorded as possessing school level qualifications and 28.2% 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 246, 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 246, Lodge Lane, Grays, 0.6% 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 246, Lodge Lane, Grays, there are an average of 1.7 cars per household.
See below for how this compares to East of England and the rest of England & Wales.
