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By comparing it to neighbours, we estimate that it is a modern house with 1,045 ft2 of internal area and sits on a 76.7 m2 plot and a garden.
Houses of this size in this area normally have 4 bedrooms.
Based on available information, and assuming reasonable condition, the estimated sale value for 55, Draper Close, Grays is £380,983 and the estimated rental value is £1,951 per month.
Draper Close, Grays, RM20 is located within the RM20 postal district.
55, Draper Close, Grays has a single entry in the Land Registry from August 2012 and no records in the EPC database.
We combine this sold price information with public data of neighbouring properties to estimate the attributes and values.
The local information is scored as 4 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 55, Draper Close, Grays is in very good condition we estimate a sale value of £400,032 and a rental value of £2,049 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £354,314 and a rental value of £1,815 per month.
Over the last 12 months the sale value of 55 Draper Close Grays has increased by an estimated £6,715 (1.8%) and its rental value has increased by an estimated £74 per month (3.8%), giving an expected gross yield of 6.1%.
According to data from HM Land Registry, 55, Draper Close, Grays sits on a plot of 77m2.
We have plot size data on 15 out of 18 other houses in the postcode and 55, Draper Close, Grays sits on the 14th largest plot.
According to HM Land Registry, 55, Draper Close, Grays was last sold on 22nd August 2012 for £205,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since August 2012, the market for similar properties has risen 100.9%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 55, Draper Close, Grays within a radius of 630 metres over the last 2 years.
The most recent example is 28, Draper Close, Grays, RM20 4BJ, a freehold house which sold for £390,000 on the 20th May 2024.
Read more about house prices in RM20.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Draper Close, Grays, RM20 has a total of 134 addresses. According to our analysis of all the public data, 55, Draper Close, Grays is the 29th largest and the 32nd most expensive property on the street.
When compared to the postcode district it is £101k more expensive than the average property in RM20.
The closest station to 55, Draper Close, Grays is Chafford Hundred Lakeside station which is 1.3 kilometres away.
According to recent data from Ofcom, there is poor internet coverage in this area which may result in poor or no internet connectivity.
According to recent data from Ofcom, Slow/none 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.
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The recent census recorded whether a resident owned or rented their home.
In the area around 55, Draper Close, 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 55, Draper Close, 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 55, Draper Close, 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 55, Draper Close, 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.