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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, 65A, Lodge Lane, Grays is a mid-century leasehold apartment with 193 ft2 of internal area.
Apartments of this size in this area are normally studios.
Based on available information, and assuming reasonable condition, the estimated sale value for 65A, Lodge Lane, Grays is £176,654 and the estimated rental value is £1,036 per month.
Lodge Lane, Grays, RM17 is located within the RM17 postal district.
65A, Lodge Lane, Grays has 21 entries in the Land Registry , most recently in November 2022 and a single entry in the EPC database dated June 2022.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 1 out of 5 and is considered of low 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 65A, Lodge Lane, Grays is in very good condition we estimate a sale value of £185,487 and a rental value of £1,087 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £164,288 and a rental value of £963 per month.
Over the last 12 months the sale value of 65A Lodge Lane Grays has increased by an estimated £1,013 (0.6%) and its rental value has increased by an estimated £45 per month (4.3%), giving an expected gross yield of 7%.
65A, Lodge Lane, Grays has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 07 Jun 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 HM Land Registry, 65A, Lodge Lane, Grays was last sold on 18th November 2022 for £188,000 and was recorded as a leasehold flat.
The property has had 2 sales since 1995.
Since November 2022, the market for similar properties has dropped 42.7%
According to the Land Registry and our network of Estate Agents, there have been 3 property sales within a 590 metres radius of 65A, Lodge Lane, Grays over the last 2 years.
The most recent example is Flat 4, Rotary House, Southend Road, Grays, RM17 5NA, a leasehold flat which sold for £210,000 on the 24th November 2020.
Read more about house prices in RM17.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Lodge Lane, Grays, RM17 has a total of 133 addresses. According to our analysis of all the public data, 65A, Lodge Lane, Grays is the 133rd largest and the 129th most expensive property on the street.
When compared to the postcode district it is £131k less expensive than the average property in RM17.
The closest station to 65A, Lodge Lane, Grays is Grays station which is 1.9 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.
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The recent census recorded whether a resident owned or rented their home.
In the area around 65A, Lodge Lane, Grays, 39.5% of property is privately owned with a mortgage and 27.9% is privately owned outright.
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 65A, Lodge Lane, Grays, 23.3% of residents are recorded as possessing school level qualifications and 30.7% 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 65A, Lodge Lane, Grays, the average age was 40.9 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 65A, Lodge Lane, 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 65A, Lodge Lane, Grays, there are an average of 1.4 cars per household.
See below for how this compares to East of England and the rest of England & Wales.
