5, Gilbert Road
5, Gilbert Road
Description & Estimates
5, Gilbert Road, Grays is recorded publicly as a modern freehold house across 1,689 ft2 of internal area, sitting on a 355 m2 plot.
Locally, houses of this size normally have 5 bedrooms with a garden.
Our estimate of the sale value of 5, Gilbert Road, Grays is £674,728 and its rental estimate is £3,230 per month, given the available information and assuming reasonable condition.
Gilbert Road, Chafford Hundred, Grays, RM16 falls within the RM16 postal district.
Our Data Sources
5, Gilbert Road, Grays has 41 entries in the Land Registry , most recently in November 2023 and a single entry in the EPC database dated September 2023.
We combine this information with that 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.
Price Range & Condition
The condition of a property plays an important role in determining its value, with the degree of impact varying by property type, size and location.
For 5, Gilbert Road, Grays, we estimate a market value of £708,464 and a rental value of £3,392 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £627,497 and £3,004 per month respectively.
Recent Market Change
Over the last year, 5, Gilbert Road, Grays has seen its estimated sale value grow by £536 (0.1%) and its estimated rental value climb by £95 per month (2.9%). This results in an estimated gross rental yield of 5.7%.
Plot Size
HM Land Registry records the plot of land for 5, Gilbert Road, Grays as measuring 355 m2.
That makes it the 7th largest plot in the postcode, where all 17 other houses have recorded plot data.
Energy Efficiency
5, Gilbert Road, Grays has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 01 Sep 2023.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
Sold Prices
The most recent sale of 5, Gilbert Road, Grays completed on 17th November 2023 at £655,000 and was recorded by HM Land Registry as a freehold house.
Since 1995 the property has sold 4 times.
Values of comparable properties have dropped by 4.7% over the period since November 2023.
- Sold Nov 2023£655,000
- Sold Apr 2012£300,000
- Sold Jan 2000£161,500
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to 5, Gilbert Road, Grays have sold within a radius of 770 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 9th October 2024, was 46, Grifon Road, Grays, RM16 6RJ, a freehold house which sold for £635,000.
Read more about house prices in RM16.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
More reading links
Location Comparison
Of the 124 addresses on Gilbert Road, Chafford Hundred, Grays, RM16, 5, Gilbert Road, Grays comes out as the 8th largest and the 10th most expensive in our analysis of the public data.
It is also £270k more expensive than the average property across the RM16 district.
More reading links
Schools Nearby
- 100mWarren Primary School
- 900mHarris Primary Academy Chafford Hundred
- 900mHarris Primary Academy Mayflower
- 900mHarris Academy Chafford Hundred
- 2.4kmThe Hathaway Academy
- 2.6kmGrays Convent High School
More reading links
Public Transport Nearby
From 5, Gilbert Road, Grays, the nearest station is Chafford Hundred Lakeside, 700 metres away.
- 700mChafford Hundred Lakeside
- 2.4kmGrays
- 3.6kmOckendon
Available Internet Speeds
Broadband here reaches ultrafast speeds, based on recent Ofcom data.
According to recent data from Ofcom, Ultrafast broadband is available in the area.
Risk of Flooding
The flood risk here is rated very low, based on Environment Agency data.
