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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
According to the public record, 71, Springfield Road, Grays is a mid-century apartment with 613 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
Based on available information, and assuming reasonable condition, the estimated sale value for 71, Springfield Road, Grays is £165,849 and the estimated rental value is £1,175 per month.
Springfield Road, Grays, RM16 is located within the RM16 postal district.
71, Springfield Road, Grays has no records in the the Land Registry and a single entry in the EPC database dated July 2022.
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.
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 71, Springfield Road, Grays is in very good condition we estimate a sale value of £174,141 and a rental value of £1,233 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £154,240 and a rental value of £1,092 per month.
Over the last 12 months the sale value of 71 Springfield Road Grays has increased by an estimated £2,602 (1.6%) and its rental value has increased by an estimated £38 per month (3.3%), giving an expected gross yield of 8.5%.
71, Springfield Road, Grays has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 05 Jul 2022.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 71, Springfield Road, Grays within a radius of 880 metres over the last 2 years.
The most recent example is 41, Springfield Road, Grays, RM16 2QX, a leasehold flat which sold for £130,000 on the 21st August 2024.
Read more about house prices in RM16.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Springfield Road, Grays, RM16 has a total of 85 addresses. According to our analysis of all the public data, 71, Springfield Road, Grays is the 52nd largest and the 75th most expensive property on the street.
When compared to the postcode district it is £244k less expensive than the average property in RM16.
The closest station to 71, Springfield Road, Grays is Grays station which is 2.8 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.
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The recent census recorded whether a resident owned or rented their home.
In the area around 71, Springfield Road, Grays, 40.0% of property is socially rented and 28.0% is privately owned with a mortgage.
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 71, Springfield Road, Grays, 22.1% of residents are recorded as possessing school level qualifications and 15.8% 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 71, Springfield Road, Grays, the average age was 40.2 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 71, Springfield Road, 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 71, Springfield Road, Grays, there are an average of 1.2 cars per household.
See below for how this compares to East of England and the rest of England & Wales.
