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According to the public record, 5, Archates Avenue, Grays is a modern freehold house with 1,011 ft2 of internal area and sits on a 314 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 5, Archates Avenue, Grays is £450,537 and the estimated rental value is £2,132 per month.
Archates Avenue, Grays, RM16 is located within the RM16 postal district.
5, Archates Avenue, Grays has 21 entries in the Land Registry , most recently in May 2019 and a single entry in the EPC database dated September 2018.
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.
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 5, Archates Avenue, Grays is in very good condition we estimate a sale value of £473,064 and a rental value of £2,239 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £418,999 and a rental value of £1,983 per month.
Over the last 12 months the sale value of 5 Archates Avenue Grays has increased by an estimated £3,971 (0.9%) and its rental value has increased by an estimated £58 per month (2.7%), giving an expected gross yield of 5.7%.
According to data from HM Land Registry, 5, Archates Avenue, Grays sits on a plot of 314m2.
We have plot size data on 49 out of 49 other houses in the postcode and 5, Archates Avenue, Grays sits on the 21st largest plot.
5, Archates Avenue, Grays has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 07 Sep 2018.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
According to HM Land Registry, 5, Archates Avenue, Grays was last sold on 2nd May 2019 for £420,000 and was recorded as a freehold house.
The property has had 2 sales since 1995.
Since May 2019, the market for similar properties has risen 18.9%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 5, Archates Avenue, Grays within a radius of 550 metres over the last 2 years.
The most recent example is 35, Advice Avenue, Grays, RM16 6QN, a freehold house which sold for £455,000 on the 8th August 2024.
Read more about house prices in RM16.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Archates Avenue, Grays, RM16 has a total of 49 addresses. According to our analysis of all the public data, 5, Archates Avenue, Grays is the 24th largest and the 26th most expensive property on the street.
When compared to the postcode district it is £40k more expensive than the average property in RM16.
The closest station to 5, Archates Avenue, Grays is Grays station which is 1.6 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 5, Archates Avenue, Grays, 56.3% of property is privately owned with a mortgage and 23.7% 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 5, Archates Avenue, Grays, 21.5% of residents are recorded as possessing school level qualifications and 34.5% 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 5, Archates Avenue, Grays, the average age was 35.4 and the most common age was 42.
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 5, Archates Avenue, 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 5, Archates Avenue, Grays, there are an average of 1.6 cars per household.
See below for how this compares to East of England and the rest of England & Wales.
