148B Road, Grays
148B Road, Grays
Description & Estimates
Public records show 148B Road, Grays to be a period leasehold apartment with 602 ft2 of internal area.
In this area, apartments of this size normally have 2 bedrooms.
148B Road, Grays has an estimated sale value of £215,442 and an estimated rental value of £1,259 per month, assuming reasonable condition and based on the information available.
The apartment sits within 148, London Road, Grays, RM17.
London Road, Grays, RM17 lies within the RM17 postal district.
Our Data Sources
148B 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.
Price Range & Condition
In very good condition, we estimate 148B Road, Grays would be worth £226,214, with a potential rental value of £1,322 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £200,361, with a rental value of £1,171 per month.
The extent to which decoration affects a property's value depends on its type, size and location.
Recent Market Change
The estimated sale value of 148B Road, Grays has decreased by £2,455 (1.1%) over the last year. During the same period, its estimated monthly rental value has grown by £25 (2.0%). The property's estimated gross yield is currently 7.0%.
Energy Efficiency
148B 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.
Sold Prices
148B Road, Grays last changed hands on 18th October 2021, selling for £225,000. The transaction was logged as a leasehold flat by HM Land Registry.
That is its only recorded sale since 1995.
The market for similar properties has dropped by 7.0% since October 2021.
- Sold Oct 2021£225,000
Similar Properties Sold Nearby
Land Registry records and our Estate Agent network show 3 sales of comparable properties within 500 metres of 148B Road, Grays across the last 2 years.
Most recently, 150B, London Road, Grays, RM17 5YD, a leasehold flat, sold at £225,000 on the 18th October 2021.
Read more about house prices in RM17.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Our analysis of the public data ranks 148B Road, Grays as the 128th largest and the 128th most expensive of the 165 addresses on London Road, Grays, RM17.
Against the RM17 postcode district average, it is £92k less expensive than the typical property.
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Schools Nearby
- 400mBelmont Castle Academy
- 1.4kmQuarry Hill Academy
- 1.5kmHarris Primary Academy Mayflower
- 700mThames Park Secondary School
- 1.4kmGrays Convent High School
- 1.5kmHarris Academy Chafford Hundred
More reading links
Public Transport Nearby
Grays station is the nearest stop to 148B Road, Grays at 600 metres away.
- 600mGrays
- 2.1kmChafford Hundred Lakeside
- 3.1kmSwanscombe
Available Internet Speeds
Ofcom's latest figures show superfast broadband available in this area.
According to recent data from Ofcom, Superfast broadband is available in the area.
Risk of Flooding
Environment Agency data suggests this area has a very low risk of flooding.
