Flat 31, Oak Tree House
Flat 31, Oak Tree House
Description & Estimates
According to the public record, Flat 31, Oak Tree House, Grays is a modern leasehold apartment with 639 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms with a balcony.
Based on available information, and assuming reasonable condition, the estimated sale value for Flat 31, Oak Tree House, Grays is £215,359 and the estimated rental value is £1,319 per month.
The apartment is within Oak Tree House, Schoolfield Road, Grays, RM20.
Schoolfield Road, Grays, RM20 is located within the RM20 postal district.
Our Data Sources
Flat 31, Oak Tree House, Grays has 2 entries in the Land Registry , most recently in January 2022 and a single entry in the EPC database dated December 2011.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 4 out of 5 and is considered of high accuracy.
Price Range & Condition
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 Flat 31, Oak Tree House, Grays is in very good condition we estimate a sale value of £226,127 and a rental value of £1,385 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £200,284 and a rental value of £1,227 per month.
Recent Market Change
Over the past 12 months, the estimated sale value of Flat 31, Oak Tree House, Grays has moved down by £2,486 (1.2%), while its estimated rental value has increased by £27 per month (2.1%). Based on current estimates, the property offers a gross rental yield of 7.3%.
Energy Efficiency
Flat 31, Oak Tree House, Grays has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 13 Dec 2011.
The property is not connected to mains gas and has high performance glazing. It is heated using Boiler and radiators, mains gas.
Sold Prices
According to HM Land Registry, Flat 31, Oak Tree House, Grays was last sold on 31st January 2022 for £235,000 and was recorded as a leasehold flat.
The property has had 2 sales since 1995.
Since January 2022, the market for similar properties has dropped by 2.7%.
- Sold Jan 2022£235,000
- Sold Dec 2011£136,995
Similar Properties Sold Nearby
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 31, Oak Tree House, Grays within a radius of 990 metres over the last 2 years.
The most recent example is Flat 41, Oak Tree House, Schoolfield Road, Grays, RM20 3AN, a leasehold flat which sold for £242,000 on the 12th April 2024.
Read more about house prices in RM20.
- Sold Apr 2024£242,000 | 2 Bed FlatOak Tree House, Schoolfield RoadFlat 41, Oak Tree House, Schoolfield Road, Grays, RM20 3AN
- Sold Mar 2023£236,500 | 2 Bed FlatOak Tree House, Schoolfield RoadFlat 33, Oak Tree House, Schoolfield Road, Grays, RM20 3AN
- Sold Nov 2022£225,000 | 2 Bed FlatOak Tree House, Schoolfield RoadFlat 53, Oak Tree House, Schoolfield Road, Grays, RM20 3AN
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
More reading links
Location Comparison
Schoolfield Road, Grays, RM20 has a total of 122 addresses. According to our analysis of all the public data, Flat 31, Oak Tree House, Grays is the 79th largest and the 71st most expensive property on the street.
When compared to the postcode district it is £58k less expensive than the average property in RM20.
More reading links
Schools Nearby
- 300mWest Thurrock Academy
- 1.2kmHarris Primary Academy Chafford Hundred
- 1.3kmHarris Primary Academy Mayflower
- 1.2kmHarris Academy Chafford Hundred
- 2.8kmHarris Academy Riverside
- 3.0kmThames Park Secondary School
More reading links
Public Transport Nearby
The closest station to Flat 31, Oak Tree House, Grays is Chafford Hundred Lakeside station, which is 1.3 kilometres away.
- 1.3kmChafford Hundred Lakeside
- 2.6kmGreenhithe for Bluewater
- 2.8kmStone Crossing
Available Internet Speeds
According to recent data from Ofcom, superfast broadband is available in this area.
According to recent data from Ofcom, Superfast broadband is available in the area.
Risk of Flooding
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
