Our Data Sources
8, Rainbow Road, Grays has 31 entries in the Land Registry , most recently in October 2018 and a single entry in the EPC database dated October 2017.
We combine this information with that 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.
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 8, Rainbow Road, Grays, we estimate a market value of £578,329 and a rental value of £2,545 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £512,234 and £2,254 per month respectively.
Plot Size
HM Land Registry records the plot of land for 8, Rainbow Road, Grays as measuring 337 m2.
That makes it the 5th largest plot in the postcode, where all 21 other houses have recorded plot data.
Energy Efficiency
8, Rainbow Road, Grays has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 02 Oct 2017.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
Sold Prices
The most recent sale of 8, Rainbow Road, Grays completed on 16th October 2018 at £550,000 and was recorded by HM Land Registry as a freehold house.
Since 1995 the property has sold 3 times.
Values of comparable properties have risen by 5.8% over the period since October 2018.
- Sold Oct 2018£550,000
- Sold Aug 2000£159,500
- Sold Mar 1998£129,950
Similar Properties Sold Nearby
Over the past 2 years 159 properties similar to 8, Rainbow Road, Grays have sold within a radius of 550 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 3rd July 2024, was 25, Saffron Road, Grays, RM16 6NA, a freehold house which sold for £570,000.
Read more about house prices in RM16.
- Sold Jul 2024£570,000 | 4 Bed House25, Saffron Road, Grays, RM16 6NA25, Saffron Road, Grays, RM16 6NA
- Sold Feb 2023£535,000 | 3 Bed House27, Saffron Road, Grays, RM16 6NA27, Saffron Road, Grays, RM16 6NA
- Sold Jan 2023£600,000 | 4 Bed House35, Felipe Road, Grays, RM16 6NE35, Felipe Road, Grays, RM16 6NE
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
More reading links
Location Comparison
Of the 21 addresses on Rainbow Road, Chafford Hundred, Grays, RM16, 8, Rainbow Road, Grays comes out as the 6th largest and the 6th most expensive in our analysis of the public data.
It is also £145k more expensive than the average property across the RM16 district.
More reading links
Schools Nearby
- Warren Primary School300 m away
- Harris Primary Academy Chafford Hundred500 m away
- Harris Primary Academy Mayflower500 m away
- Harris Academy Chafford Hundred500 m away
- The Hathaway Academy2.4 km away
- Thames Park Secondary School2.4 km away
More reading links
Public Transport Nearby
- Chafford Hundred Lakeside|400 m away
- Grays|2.3 km away
- Purfleet|4.0 km away
Available Internet Speeds
Broadband here reaches superfast speeds, based on recent Ofcom data.
According to recent data from Ofcom, Superfast Broadband is available in the area.
Risk of Flooding
The flood risk here is rated Very Low, based on Environment Agency data.
