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According to the public record, 43, Treetops Close, Grays is a modern leasehold apartment with 688 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 43, Treetops Close, Grays is £236,764 and the estimated rental value is £1,305 per month.
Treetops Close, Grays, RM17 is located within the RM17 postal district.
43, Treetops Close, Grays has 2 entries in the Land Registry , most recently in September 2021 and a single entry in the EPC database dated December 2017.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 4 out of 5 and is considered of high 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, Treetops Close, Grays is in very good condition we estimate a sale value of £248,602 and a rental value of £1,370 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £220,191 and a rental value of £1,213 per month.
Over the last 12 months the sale value of 43 Treetops Close Grays has increased by an estimated £1,771 (0.7%) and its rental value has increased by an estimated £31 per month (2.4%), giving an expected gross yield of 6.6%.
43, Treetops Close, Grays has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 08 Dec 2017.
The property is not connected to mains gas and has high performance glazing. It is heated using Room heaters, electric.
According to HM Land Registry, 43, Treetops Close, Grays was last sold on 30th September 2021 for £235,000 and was recorded as a leasehold flat.
The property has had 2 sales since 1995.
Since September 2021, the market for similar properties has dropped 0.7%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 43, Treetops Close, Grays within a radius of 630 metres over the last 2 years.
The most recent example is 50, Treetops Close, Grays, RM17 5FL, a leasehold flat which sold for £255,000 on the 30th June 2023.
Read more about house prices in RM17.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Treetops Close, Grays, RM17 has a total of 54 addresses. According to our analysis of all the public data, 43, Treetops Close, Grays is the 33rd largest and the 30th most expensive property on the street.
When compared to the postcode district it is £76k less expensive than the average property in RM17.
The closest station to 43, Treetops Close, Grays is Grays station which is 1.0 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.
The recent census recorded whether a resident owned or rented their home.
In the area around 43, Treetops Close, Grays, 36.3% of property is privately owned with a mortgage and 32.4% is privately owned outright.
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, Treetops Close, Grays, 20.0% of residents are recorded as possessing school level qualifications and 30.4% 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, Treetops Close, Grays, the average age was 37 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 43, Treetops Close, Grays, 0.2% 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, Treetops Close, Grays, there are an average of 1.5 cars per household.
See below for how this compares to East of England and the rest of England & Wales.
