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Bricks&Logic is a trading name of Urban Markets Ltd
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, 5, Martello Close, Grays is a modern freehold house with 1,270 ft2 of internal area.
Houses of this size in this area normally have 4 bedrooms with a garden.
Based on available information, and assuming reasonable condition, the estimated sale value for 5, Martello Close, Grays is £450,438 and the estimated rental value is £2,132 per month.
Martello Close, Grays, RM17 is located within the RM17 postal district.
5, Martello Close, Grays has a single entry in the Land Registry from September 2021 and a single entry in the EPC database dated July 2012.
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.
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, Martello Close, Grays is in very good condition we estimate a sale value of £472,960 and a rental value of £2,238 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £418,908 and a rental value of £1,982 per month.
Over the last 12 months the sale value of 5 Martello Close Grays has decreased by an estimated £923 (0.2%) and its rental value has increased by an estimated £42 per month (2.0%), giving an expected gross yield of 5.7%.
5, Martello Close, Grays has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 06 Jul 2012.
The property is not 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, Martello Close, Grays was last sold on 29th September 2021 for £410,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since September 2021, the market for similar properties has risen 1.7%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 5, Martello Close, Grays within a radius of 640 metres over the last 2 years.
The most recent example is 3, Martello Close, Grays, RM17 6FL, a freehold house which sold for £441,000 on the 6th May 2022.
Read more about house prices in RM17.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Martello Close, Grays, RM17 has a total of 19 addresses. According to our analysis of all the public data, 5, Martello Close, Grays is the 18th largest and the 17th most expensive property on the street.
When compared to the postcode district it is £137k more expensive than the average property in RM17.
The closest station to 5, Martello Close, Grays is Grays station which is 1.4 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 5, Martello Close, Grays, 40.2% of property is privately owned with a mortgage and 27.9% 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, Martello Close, Grays, 15.3% of residents are recorded as possessing school level qualifications and 27.2% 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, Martello Close, Grays, the average age was 40.9 and the most common age was 37.
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, Martello Close, Grays, 0.6% 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, Martello 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.
