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According to the public record, 76, Chafford Way, Grays is a freehold house.
By comparing it to neighbours, we estimate that it is a mid-century house with 646 ft2 of internal area and sits on a 247 m2 plot and a garden.
Houses of this size in this area normally have 2 bedrooms.
Based on available information, and assuming reasonable condition, the estimated sale value for 76, Chafford Way, Grays is £311,630 and the estimated rental value is £1,685 per month.
Chafford Way, Grays, RM16 is located within the RM16 postal district.
76, Chafford Way, Grays has 2 entries in the Land Registry , most recently in October 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 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 76, Chafford Way, Grays is in very good condition we estimate a sale value of £327,212 and a rental value of £1,769 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £289,816 and a rental value of £1,567 per month.
Over the last 12 months the sale value of 76 Chafford Way Grays has increased by an estimated £4,724 (1.5%) and its rental value has increased by an estimated £54 per month (3.2%), giving an expected gross yield of 6.5%.
According to data from HM Land Registry, 76, Chafford Way, Grays sits on a plot of 247m2.
We have plot size data on 10 out of 14 other houses in the postcode and 76, Chafford Way, Grays sits on the 5th largest plot.
According to HM Land Registry, 76, Chafford Way, Grays was last sold on 29th October 2012 for £160,000 and was recorded as a freehold house.
The property has had 2 sales since 1995.
Since October 2012, the market for similar properties has risen 176.3%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 76, Chafford Way, Grays within a radius of 720 metres over the last 2 years.
The most recent example is 119, Long Lane, Grays, RM16 2PP, a freehold house which sold for £325,000 on the 17th August 2022.
Read more about house prices in RM16.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Chafford Way, Grays, RM16 has a total of 77 addresses. According to our analysis of all the public data, 76, Chafford Way, Grays is the 53rd largest and the 44th most expensive property on the street.
When compared to the postcode district it is £99k less expensive than the average property in RM16.
The closest station to 76, Chafford Way, Grays is Grays station which is 2.7 kilometres away.
According to recent data from Ofcom, ultrafast broadband is available in this area.
According to recent data from Ofcom, Ultrafast 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.
The recent census recorded whether a resident owned or rented their home.
In the area around 76, Chafford Way, Grays, 43.3% of property is socially rented and 29.2% 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 76, Chafford Way, Grays, 25.0% of residents are recorded as possessing school level qualifications and 19.0% 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 76, Chafford Way, Grays, the average age was 40.8 and the most common age was 12.
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 76, Chafford 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 76, Chafford Way, Grays, there are an average of 1.3 cars per household.
See below for how this compares to East of England and the rest of England & Wales.