3, Morrison House
3, Morrison House
Description & Estimates
The public record describes 3, Morrison House, Grays as a mid-century apartment with 882 ft2 of internal area.
In this area, apartments of this size normally have 3 bedrooms.
3, Morrison House, Grays has an estimated sale value of £139,392 and an estimated rental value of £913 per month, assuming reasonable condition and based on the information available.
The apartment sits within Morrison House, Jesmond Road, Grays, RM16.
Jesmond Road, Grays, RM16 lies within the RM16 postal district.
Our Data Sources
3, Morrison House, Grays has no records in the the Land Registry and a single entry in the EPC database dated August 2019.
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.
Price Range & Condition
In very good condition, we estimate 3, Morrison House, Grays would be worth £146,362, with a potential rental value of £959 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £129,635, with a rental value of £849 per month.
The extent to which decoration affects a property's value depends on its type, size and location.
Recent Market Change
The estimated sale value of 3, Morrison House, Grays has decreased by £807 (0.6%) over the last year. During the same period, its estimated monthly rental value has grown by £18 (1.9%). The property's estimated gross yield is currently 7.9%.
Energy Efficiency
3, Morrison House, Grays has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 30 Aug 2019.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Electric storage heaters, Electric storage heaters.
Similar Properties Sold Nearby
Land Registry records and our Estate Agent network show 2 sales of comparable properties within 800 metres of 3, Morrison House, Grays across the last 2 years.
Most recently, 12, Keir Hardie House, Milford Road, Grays, RM16 2QP, a leasehold flat, sold at £120,000 on the 27th April 2017.
Read more about house prices in RM16.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Our analysis of the public data ranks 3, Morrison House, Grays as the 21st largest and the 74th most expensive of the 121 addresses on Jesmond Road, Grays, RM16.
Against the RM16 postcode district average, it is £266k less expensive than the typical property.
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Schools Nearby
- 500mDeneholm Primary School
- 900mLittle Thurrock Primary School
- 1.0kmWoodside Academy
- 300mOrsett Heath Academy
- 1.3kmWilliam Edwards School
- 1.4kmThe Hathaway Academy
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Public Transport Nearby
Grays station is the nearest stop to 3, Morrison House, Grays at 2.6 kilometres away.
- 2.6kmGrays
- 3.6kmTilbury Town
- 4.2kmChafford Hundred Lakeside
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.
