59, Grovelands Way
59, Grovelands Way
Description & Estimates
59, Grovelands Way, Grays appears in the public record as a freehold house sitting on a 263 m2 plot.
By comparing it to nearby properties, we estimate it to be an early-century house with 569 ft2 of internal area and a garden.
Locally, houses of this size normally have 2 bedrooms.
Our estimate of the sale value of 59, Grovelands Way, Grays is £286,516 and its rental estimate is £1,525 per month, given the available information and assuming reasonable condition.
Grovelands Way, Grays, RM17 falls within the RM17 postal district.
Our Data Sources
59, Grovelands Way, Grays has a single entry in the Land Registry from November 2015 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 2 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 59, Grovelands Way, Grays, we estimate a market value of £300,842 and a rental value of £1,601 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £266,460 and £1,418 per month respectively.
Recent Market Change
Over the last year, 59, Grovelands Way, Grays has seen its estimated sale value decline by £363 (0.1%) and its estimated rental value climb by £52 per month (3.4%). This results in an estimated gross rental yield of 6.4%.
Plot Size
HM Land Registry records the plot of land for 59, Grovelands Way, Grays as measuring 263 m2.
That makes it the 16th largest plot in the postcode, where 36 of the 39 other houses have recorded plot data.
Sold Prices
The most recent sale of 59, Grovelands Way, Grays completed on 13th November 2015 at £155,000 and was recorded by HM Land Registry as a freehold house.
Since 1995 this is the property's only sale.
Values of comparable properties have risen by 31.9% over the period since November 2015.
- Sold Nov 2015£155,000
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to 59, Grovelands Way, Grays have sold within a radius of 500 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 16th October 2024, was 1, Helleborine, Grays, RM17 5JD, a freehold house which sold for £300,000.
Read more about house prices in RM17.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Of the 77 addresses on Grovelands Way, Grays, RM17, 59, Grovelands Way, Grays comes out as the 77th largest and the 77th most expensive in our analysis of the public data.
It is also £21k less expensive than the average property across the RM17 district.
More reading links
Schools Nearby
- 400mBelmont Castle Academy
- 1.1kmQuarry Hill Academy
- 1.2kmSt Thomas of Canterbury Catholic Primary School
- 600mThames Park Secondary School
- 1.1kmGrays Convent High School
- 1.5kmThe Hathaway Academy
More reading links
Public Transport Nearby
From 59, Grovelands Way, Grays, the nearest station is Grays, 500 metres away.
- 500mGrays
- 2.2kmChafford Hundred Lakeside
- 3.2kmTilbury Town
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.
