4, Merlin Close
4, Merlin Close
Description & Estimates
According to the public record, 4, Merlin Close, Grays is a modern leasehold apartment with 462 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
Based on available information, and assuming reasonable condition, the estimated sale value for 4, Merlin Close, Grays is £205,467 and the estimated rental value is £1,335 per month.
Merlin Close, Chafford Hundred, Grays, RM16 is located within the RM16 postal district.
Our Data Sources
4, Merlin Close, Grays has 41 entries in the Land Registry , most recently in September 2021 and a single entry in the EPC database dated March 2021.
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.
Price Range & Condition
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 4, Merlin Close, Grays is in very good condition we estimate a sale value of £215,740 and a rental value of £1,401 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £191,084 and a rental value of £1,241 per month.
Recent Market Change
Over the past 12 months, the estimated sale value of 4, Merlin Close, Grays has moved down by £1,435 (0.7%), while its estimated rental value has increased by £41 per month (3.0%). Based on current estimates, the property offers a gross rental yield of 7.8%.
Energy Efficiency
4, Merlin Close, Grays has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 30 Mar 2021.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Electric storage heaters.
Sold Prices
According to HM Land Registry, 4, Merlin Close, Grays was last sold on 17th September 2021 for £233,000 and was recorded as a leasehold flat.
The property has had 4 sales since 1995.
Since September 2021, the market for similar properties has dropped by 1.8%.
- Sold Sep 2021£233,000
- Sold Apr 2006£105,536
- Sold Feb 2004£125,500
Similar Properties Sold Nearby
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 4, Merlin Close, Grays within a radius of 630 metres over the last 2 years.
The most recent example is 10, Merlin Close, Grays, RM16 6RY, a leasehold flat which sold for £210,000 on the 31st March 2026.
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
Merlin Close, Chafford Hundred, Grays, RM16 has a total of 42 addresses. According to our analysis of all the public data, 4, Merlin Close, Grays is the 36th largest and the 36th most expensive property on the street.
When compared to the postcode district it is £199k less expensive than the average property in RM16.
More reading links
Schools Nearby
- 700mTudor Court Primary School
- 700mWarren Primary School
- 1.2kmHarris Primary Academy Mayflower
- 1.2kmHarris Academy Chafford Hundred
- 1.7kmThe Hathaway Academy
- 2.0kmGrays Convent High School
More reading links
Public Transport Nearby
The closest station to 4, Merlin Close, Grays is Chafford Hundred Lakeside station, which is 1.3 kilometres away.
- 1.3kmChafford Hundred Lakeside
- 2.0kmGrays
- 3.6kmOckendon
Available Internet Speeds
According to recent data from Ofcom, superfast broadband is available in this area.
According to recent data from Ofcom, Superfast broadband is available in the area.
Risk of Flooding
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
