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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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The public record describes 53, Grovelands Way, Grays as a mid-century house with 936 ft2 of internal area, sitting on a 309 m2 plot.
In this area, houses of this size normally have 3 bedrooms with a garden.
53, Grovelands Way, Grays has an estimated sale value of £376,707 and an estimated rental value of £1,937 per month, assuming reasonable condition and based on the information available.
Grovelands Way, Grays, RM17 lies within the RM17 postal district.
53, Grovelands Way, Grays has no recent1 records in the the Land Registry and a single entry in the EPC database dated April 2017.
We combine this information with public data of neighbouring properties to estimate the property attributes and values.
The local information is scored as 2 out of 5 and is considered of medium accuracy.
In very good condition, we estimate 53, Grovelands Way, Grays would be worth £395,543, with a potential rental value of £2,034 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £350,338, with a rental value of £1,802 per month.
The extent to which decoration affects a property's value depends on its type, size and location.
The estimated sale value of 53, Grovelands Way, Grays has decreased by £2,048 (0.5%) over the last year. During the same period, its estimated monthly rental value has grown by £58 (3.0%). The property's estimated gross yield is currently 6.2%.
53, Grovelands Way, Grays occupies a 309 m2 plot as recorded by HM Land Registry.
Of the 39 other houses in this postcode, 36 have recorded plot sizes, and this one ranks as the 3rd largest.
53, Grovelands Way, Grays has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 28 Apr 2017.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
53, Grovelands Way, Grays last changed hands on 7th November 2003, selling for £163,000. The transaction was logged as a freehold house by HM Land Registry.
That is its only recorded sale since 1995.
Land Registry records and our Estate Agent network show 3 sales of comparable properties within 500 metres of 53, Grovelands Way, Grays across the last 2 years.
Most recently, 1, Parker Road, Grays, RM17 5YW, a freehold house, sold at £327,500 on the 8th December 2021.
Read more about house prices in RM17.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Our analysis of the public data ranks 53, Grovelands Way, Grays as the 7th largest and the 15th most expensive of the 77 addresses on Grovelands Way, Grays, RM17.
Against the RM17 postcode district average, it is £69k more expensive than the typical property.
Grays station is the nearest stop to 53, Grovelands Way, Grays at 500 metres away.
Ofcom's latest figures show ultrafast broadband available in this area.
According to recent data from Ofcom, Ultrafast broadband is available in the area.
Environment Agency data suggests this area has a very low risk of flooding.
The recent census recorded whether a resident owned or rented their home.
In the area around 53, Grovelands Way, 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 53, Grovelands Way, 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 53, Grovelands Way, 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 53, Grovelands Way, 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.
