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152A Road, Grays is recorded publicly as a period leasehold apartment across 258 ft2 of internal area.
Locally, apartments of this size normally have 1 bedroom with a garden.
Our estimate of the sale value of 152A Road, Grays is £139,754 and its rental estimate is £865 per month, given the available information and assuming reasonable condition.
152, London Road is a residential building on London Road, Grays, RM17 and falls within the RM17 postal district.
152A Road, Grays has a single entry in the Land Registry from October 2021 and a single entry in the EPC database dated August 2019.
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.
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 152A Road, Grays, we estimate a market value of £146,741 and a rental value of £908 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £129,971 and £805 per month respectively.
Over the last year, 152A Road, Grays has seen its estimated sale value climb by £2,394 (1.7%) and its estimated rental value rise by £31 per month (3.5%). This results in an estimated gross rental yield of 7.4%.
152A Road, Grays has an Energy Performance Rating (EPC) of F. This is based on the most recent assessment, dated 29 Aug 2019.
The property is not connected to mains gas and has fully double glazed windows. It is heated using No system present: electric heaters assumed.
The most recent sale of 152A Road, Grays completed on 18th October 2021 at £125,000 and was recorded by HM Land Registry as a leasehold flat.
Since 1995 this is the property's only sale.
Values of comparable properties have risen by 9.6% over the period since October 2021.
Over the past 2 years 3 properties similar to 152A Road, Grays have sold within a radius of 510 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 17th April 2024, was 88, Lewes Close, Grays, RM17 6QH, a leasehold flat which sold for £110,000.
Read more about house prices in RM17.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Of the 165 addresses on London Road, Grays, RM17, 152A Road, Grays comes out as the 164th largest and the 162nd most expensive in our analysis of the public data.
It is also £168k less expensive than the average property across the RM17 district.
From 152A Road, Grays, the nearest station is Grays, 600 metres away.
Broadband here reaches superfast speeds, based on recent Ofcom data.
According to recent data from Ofcom, Superfast broadband is available in the area.
The flood risk here is rated very low, based on Environment Agency data.
The recent census recorded whether a resident owned or rented their home.
In the area around 152A Road, Grays, 52.7% of property is socially rented and 25.9% is privately rented.
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 152A Road, Grays, 23.1% of residents are recorded as possessing school level qualifications and 23.5% 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 152A Road, Grays, the average age was 31.7 and the most common age was 32.
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 152A 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 152A Road, Grays, there are an average of 1.0 cars per household.
See below for how this compares to East of England and the rest of England & Wales.