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Company No. 11113204
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VAT No. GB 287 0845 68
Registered Address: 2 Leman St, London E1 8FA
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According to the public record, 49, King Edward Drive, Grays is a early-century freehold house with 850 ft2 of internal area and sits on a 875 m2 plot.
Houses of this size in this area normally have 3 bedrooms with a garden.
Based on available information, and assuming reasonable condition, the estimated sale value for 49, King Edward Drive, Grays is £465,769 and the estimated rental value is £2,160 per month.
King Edward Drive, Grays, RM16 is located within the RM16 postal district.
49, King Edward Drive, Grays has a single entry in the Land Registry from November 2016 and a single entry in the EPC database dated August 2016.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 1 out of 5 and is considered of low 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 49, King Edward Drive, Grays is in very good condition we estimate a sale value of £489,058 and a rental value of £2,268 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £433,165 and a rental value of £2,009 per month.
Over the last 12 months the sale value of 49 King Edward Drive Grays has increased by an estimated £3,712 (0.8%) and its rental value has increased by an estimated £81 per month (3.7%), giving an expected gross yield of 5.6%.
According to data from HM Land Registry, 49, King Edward Drive, Grays sits on a plot of 875m2.
We have plot size data on 38 out of 39 other houses in the postcode and 49, King Edward Drive, Grays sits on the 3rd largest plot.
49, King Edward Drive, Grays has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 22 Aug 2016.
The property is connected to mains gas and has single glazed windows. It is heated using Boiler and radiators, mains gas.
According to HM Land Registry, 49, King Edward Drive, Grays was last sold on 28th November 2016 for £390,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since November 2016, the market for similar properties has risen 31.0%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 49, King Edward Drive, Grays within a radius of 820 metres over the last 2 years.
The most recent example is 61, King Edward Drive, Grays, RM16 4AQ, a freehold house which sold for £650,000 on the 29th November 2024.
Read more about house prices in RM16.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
King Edward Drive, Grays, RM16 has a total of 105 addresses. According to our analysis of all the public data, 49, King Edward Drive, Grays is the 86th largest and the 77th most expensive property on the street.
When compared to the postcode district it is £61k more expensive than the average property in RM16.
The closest station to 49, King Edward Drive, Grays is Grays station which is 2.5 kilometres away.
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.
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 49, King Edward Drive, Grays, % of property is and % is .
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 49, King Edward Drive, Grays, 0.0% of residents are recorded as possessing school level qualifications and 0.0% as possessing degree level qualifications.
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 49, King Edward Drive, 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 49, King Edward Drive, Grays, there are an average of 0.0 cars per household.
See below for how this compares to East of England and the rest of England & Wales.
