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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, Chelmer Road, Grays is £368,422 and the estimated rental value is £2,008 per month.
Chelmer Road, Grays, RM16 is located within the RM16 postal district.
5, Chelmer Road, Grays has no records in the the Land Registry and a single entry in the EPC database dated March 2015.
We combine this information with public data 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 5, Chelmer Road, Grays is in very good condition we estimate a sale value of £386,843 and a rental value of £2,108 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £342,633 and a rental value of £1,867 per month.
Over the last 12 months the sale value of 5 Chelmer Road Grays has increased by an estimated £3,247 (0.9%) and its rental value has increased by an estimated £55 per month (2.7%), giving an expected gross yield of 6.5%.
5, Chelmer Road, Grays has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 05 Mar 2015.
The property is connected to mains gas and has mostly double glazing. 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 5, Chelmer Road, Grays within a radius of 860 metres over the last 2 years.
The most recent example is 5, Stour Road, Grays, RM16 4BS, a freehold house which sold for £375,000 on the 14th November 2024.
Read more about house prices in RM16.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Chelmer Road, Grays, RM16 has a total of 2 addresses. According to our analysis of all the public data, 5, Chelmer Road, Grays is the 2nd largest and the 2nd most expensive property on the street.
When compared to the postcode district it is £42k less expensive than the average property in RM16.
The closest station to 5, Chelmer Road, Grays is Tilbury Town station which is 2.2 kilometres away.
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 5, Chelmer Road, Grays, 40.2% of property is socially rented and 36.5% is privately owned with a mortgage.
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, Chelmer Road, Grays, 30.5% of residents are recorded as possessing school level qualifications and 19.6% 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, Chelmer Road, 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 5, Chelmer Road, 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 5, Chelmer Road, Grays, there are an average of 1.2 cars per household.
See below for how this compares to East of England and the rest of England & Wales.