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Bricks&Logic is a trading name of Urban Markets Ltd
Company No. 11113204
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VAT No. GB 287 0845 68
Registered Address: 2 Leman St, London E1 8FA
According to the public record, 32, Lea Road, Grays is a mid-century house with 505 ft2 of internal area.
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 32, Lea Road, Grays is £257,922 and the estimated rental value is £1,463 per month.
Lea Road, Grays, RM16 is located within the RM16 postal district.
32, Lea Road, Grays has no records in the the Land Registry and a single entry in the EPC database dated March 2024.
We combine this information with public data 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 32, Lea Road, Grays is in very good condition we estimate a sale value of £270,818 and a rental value of £1,536 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £239,867 and a rental value of £1,361 per month.
Over the last 12 months the sale value of 32 Lea Road Grays has increased by an estimated £3,910 (1.5%) and its rental value has increased by an estimated £47 per month (3.2%), giving an expected gross yield of 6.8%.
32, Lea Road, Grays has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 07 Mar 2024.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Room heaters, electric.
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 32, Lea Road, Grays within a radius of 890 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.
Lea Road, Grays, RM16 has a total of 47 addresses. According to our analysis of all the public data, 32, Lea Road, Grays is the 45th largest and the 45th most expensive property on the street.
When compared to the postcode district it is £152k less expensive than the average property in RM16.
The closest station to 32, Lea Road, Grays is Tilbury Town station which is 2.1 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.
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The recent census recorded whether a resident owned or rented their home.
In the area around 32, Lea Road, Grays, 29.4% of property is privately owned with a mortgage and 24.3% is privately rented.
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 32, Lea Road, Grays, 22.1% of residents are recorded as possessing school level qualifications and 21.0% 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 32, Lea Road, 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 32, Lea Road, Grays, 0.8% 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 32, Lea Road, Grays, there are an average of 1.4 cars per household.
See below for how this compares to East of England and the rest of England & Wales.
