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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 43, Thames Drive, Grays is £253,273 and the estimated rental value is £1,406 per month.
Thames Drive, Grays, RM16 is located within the RM16 postal district.
43, Thames Drive, 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 43, Thames Drive, Grays is in very good condition we estimate a sale value of £265,937 and a rental value of £1,477 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £235,544 and a rental value of £1,308 per month.
Over the last 12 months the sale value of 43 Thames Drive Grays has increased by an estimated £3,839 (1.5%) and its rental value has increased by an estimated £45 per month (3.2%), giving an expected gross yield of 6.7%.
43, Thames Drive, Grays has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 21 Mar 2024.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 43, Thames Drive, Grays within a radius of 890 metres over the last 2 years.
The most recent example is 65, River View, Grays, RM16 4BJ, a freehold house which sold for £206,000 on the 23rd March 2017.
Read more about house prices in RM16.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Thames Drive, Grays, RM16 has a total of 41 addresses. According to our analysis of all the public data, 43, Thames Drive, Grays is the 40th largest and the 41st most expensive property on the street.
When compared to the postcode district it is £157k less expensive than the average property in RM16.
The closest station to 43, Thames Drive, 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 43, Thames Drive, 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 43, Thames Drive, 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 43, Thames Drive, 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 43, Thames Drive, 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 43, Thames Drive, 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.