55, River View
55, River View
Description & Estimates
55, River View, Grays is recorded publicly as a modern leasehold apartment across 495 ft2 of internal area.
Locally, apartments of this size normally have 2 bedrooms.
Our estimate of the sale value of 55, River View, Grays is £174,741 and its rental estimate is £1,302 per month, given the available information and assuming reasonable condition.
55, River View is a residential building on River View, Chadwell St. Mary, Grays, RM16 and falls within the RM16 postal district.
Our Data Sources
55, River View, Grays has 2 entries in the Land Registry , most recently in March 2021 and a single entry in the EPC database dated March 2017.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 4 out of 5 and is considered of high 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 55, River View, Grays, we estimate a market value of £183,478 and a rental value of £1,367 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £162,509 and £1,210 per month respectively.
Recent Market Change
Over the last year, 55, River View, Grays has seen its estimated sale value fall by £1,221 (0.7%) and its estimated rental value move up by £40 per month (3.0%). This results in an estimated gross rental yield of 8.9%.
Energy Efficiency
55, River View, Grays has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 16 Mar 2017.
The property is not connected to mains gas and has high performance glazing. It is heated using Room heaters, electric.
Sold Prices
The most recent sale of 55, River View, Grays completed on 11th March 2021 at £179,995 and was recorded by HM Land Registry as a leasehold flat.
Since 1995 the property has sold twice.
Values of comparable properties have risen by 136.2% over the period since March 2021.
- Sold Mar 2021£179,995
- Sold Oct 2017£160,000
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to 55, River View, Grays have sold within a radius of 810 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 31st May 2024, was 55C, River View, Grays, RM16 4BJ, a leasehold flat which sold for £183,000.
Read more about house prices in RM16.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Of the 125 addresses on River View, Chadwell St. Mary, Grays, RM16, 55, River View, Grays comes out as the 117th largest and the 99th most expensive in our analysis of the public data.
It is also £230k less expensive than the average property across the RM16 district.
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Schools Nearby
- 200mChadwell St Mary Primary School
- 700mThe Gateway Primary Free School
- 700mHerringham Primary Academy
- 600mThe Gateway Academy
- 1.7kmOrsett Heath Academy
- 2.4kmGrays Convent High School
More reading links
Public Transport Nearby
From 55, River View, Grays, the nearest station is Tilbury Town, 2.3 kilometres away.
- 2.3kmTilbury Town
- 3.1kmGrays
- 3.3kmEast Tilbury
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.
