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Public records show 38, Timber Court, Grays to be a modern leasehold apartment with 656 ft2 of internal area.
In this area, apartments of this size normally have 2 bedrooms.
38, Timber Court, Grays has an estimated sale value of £225,283 and an estimated rental value of £1,288 per month, assuming reasonable condition and based on the information available.
Timber Court, Grays, RM17 lies within the RM17 postal district.
38, Timber Court, Grays has 71 entries in the Land Registry , most recently in July 2024 and a single entry in the EPC database dated November 2014.
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.
In very good condition, we estimate 38, Timber Court, Grays would be worth £236,547, with a potential rental value of £1,353 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £209,513, with a rental value of £1,198 per month.
The extent to which decoration affects a property's value depends on its type, size and location.
The estimated sale value of 38, Timber Court, Grays has fallen by £2,567 (1.1%) over the last year. During the same period, its estimated monthly rental value has moved up by £25 (2.0%). The property's estimated gross yield is currently 6.9%.
38, Timber Court, Grays has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 15 Nov 2014.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Electric storage heaters.
38, Timber Court, Grays last changed hands on 11th July 2024, selling for £222,500. The transaction was logged as a leasehold flat by HM Land Registry.
In total it has sold 7 times since 1995.
The market for similar properties has dropped by 9.1% since July 2024.
Land Registry records and our Estate Agent network show 3 sales of comparable properties within 550 metres of 38, Timber Court, Grays across the last 2 years.
Most recently, 43, Timber Court, Grays, RM17 6PW, a leasehold flat, sold at £205,000 on the 29th August 2025.
Read more about house prices in RM17.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Our analysis of the public data ranks 38, Timber Court, Grays as the 3rd largest and the 3rd most expensive of the 84 addresses on Timber Court, Grays, RM17.
Against the RM17 postcode district average, it is £82k less expensive than the typical property.
Grays station is the nearest stop to 38, Timber Court, Grays at 400 metres away.
Ofcom's latest figures show superfast broadband available in this area.
According to recent data from Ofcom, Superfast broadband is available in the area.
Environment Agency data suggests this area has a very low risk of flooding.
The recent census recorded whether a resident owned or rented their home.
In the area around 38, Timber Court, Grays, 63.2% of property is privately rented and 27.0% is privately owned with a mortgage.
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 38, Timber Court, Grays, 18.8% of residents are recorded as possessing school level qualifications and 37.5% 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 38, Timber Court, Grays, the average age was 31.7 and the most common age was 32.
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 38, Timber Court, Grays, 0.0% 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 38, Timber Court, Grays, there are an average of 1.0 cars per household.
See below for how this compares to East of England and the rest of England & Wales.