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Company No. 11113204
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VAT No. GB 287 0845 68
Registered Address: 2 Leman St, London E1 8FA
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73B, Dudley Close, Grays is recorded publicly as a modern leasehold apartment across 269 ft2 of internal area.
Locally, apartments of this size normally have 1 bedroom.
Our estimate of the sale value of 73B, Dudley Close, Grays is £151,756 and its rental estimate is £947 per month, given the available information and assuming reasonable condition.
73, Dudley Close is a residential building on Dudley Close, Chafford Hundred, Grays, RM16 and falls within the RM16 postal district.
73B, Dudley Close, Grays has 51 entries in the Land Registry , most recently in January 2023 and a single entry in the EPC database dated September 2019.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 5 out of 5 and is considered of high 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 73B, Dudley Close, Grays, we estimate a market value of £159,344 and a rental value of £994 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £141,133 and £880 per month respectively.
Over the last year, 73B, Dudley Close, Grays has seen its estimated sale value grow by £1,569 (1.0%) and its estimated rental value climb by £35 per month (3.7%). This results in an estimated gross rental yield of 7.5%.
73B, Dudley Close, Grays has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 25 Sep 2019.
The property is not connected to mains gas and has single glazed windows. It is heated using Room heaters, electric.
The most recent sale of 73B, Dudley Close, Grays completed on 30th January 2023 at £170,000 and was recorded by HM Land Registry as a leasehold flat.
Since 1995 the property has sold 5 times.
Values of comparable properties have dropped by 14.7% over the period since January 2023.
Over the past 2 years 3 properties have sold within 620 metres of 73B, Dudley Close, Grays, per the Land Registry and our network of Estate Agents.
The latest, on the 30th June 2023, was 72A, Dudley Close, Grays, RM16 6PG, a leasehold flat which sold for £170,000.
Read more about house prices in RM16.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Of the 197 addresses on Dudley Close, Chafford Hundred, Grays, RM16, 73B, Dudley Close, Grays comes out as the 196th largest and the 197th most expensive in our analysis of the public data.
It is also £253k less expensive than the average property across the RM16 district.
From 73B, Dudley Close, Grays, the nearest station is Chafford Hundred Lakeside, 1.7 kilometres away.
Broadband here reaches ultrafast speeds, based on recent Ofcom data.
According to recent data from Ofcom, Ultrafast 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 73B, Dudley Close, Grays, 53.2% of property is privately rented and 39.2% 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 73B, Dudley Close, Grays, 16.5% of residents are recorded as possessing school level qualifications and 38.4% 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 73B, Dudley Close, Grays, the average age was 35.4 and the most common age was 42.
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 73B, Dudley Close, 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 73B, Dudley Close, 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.
