Flat 51, Oak Tree House
Flat 51, Oak Tree House
Description & Estimates
Public records show Flat 51, Oak Tree House, Grays to be a modern leasehold apartment with 635 ft2 of internal area.
In this area, apartments of this size normally have 2 bedrooms with a balcony.
Flat 51, Oak Tree House, Grays has an estimated sale value of £213,995 and an estimated rental value of £1,313 per month, assuming reasonable condition and based on the information available.
The apartment sits within Oak Tree House, Schoolfield Road, Grays, RM20.
Schoolfield Road, Grays, RM20 lies within the RM20 postal district.
Our Data Sources
Flat 51, Oak Tree House, Grays has 2 entries in the Land Registry , most recently in November 2017 and a single entry in the EPC database dated August 2022.
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
In very good condition, we estimate Flat 51, Oak Tree House, Grays would be worth £224,694, with a potential rental value of £1,379 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £199,015, with a rental value of £1,221 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 Flat 51, Oak Tree House, Grays has moved down by £2,470 (1.2%) over the last year. During the same period, its estimated monthly rental value has increased by £27 (2.1%). The property's estimated gross yield is currently 7.4%.
Energy Efficiency
Flat 51, Oak Tree House, Grays has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 04 Aug 2022.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
Sold Prices
Flat 51, Oak Tree House, Grays last changed hands on 24th November 2017, selling for £225,000. The transaction was logged as a leasehold flat by HM Land Registry.
In total it has sold twice since 1995.
The market for similar properties has risen by 2.3% since November 2017.
- Sold Nov 2017£225,000
- Sold Dec 2011£143,995
Similar Properties Sold Nearby
Land Registry records and our Estate Agent network show 3 sales of comparable properties within 990 metres of Flat 51, Oak Tree House, Grays across the last 2 years.
Most recently, Flat 29, Witham House, Schoolfield Way, Grays, RM20 3AF, a leasehold flat, sold at £240,000 on the 15th November 2024.
Read more about house prices in RM20.
- Sold Nov 2024£240,000 | 2 Bed FlatFlat 29, Witham House, Schoolfield Way, Grays, RM20 3AFFlat 29, Witham House, Schoolfield Way, Grays, RM20 3AF
- Sold Apr 2024£242,000 | 2 Bed FlatFlat 41, Oak Tree House, Schoolfield Road, Grays, RM20 3ANFlat 41, Oak Tree House, Schoolfield Road, Grays, RM20 3AN
- Sold Nov 2022£225,000 | 2 Bed FlatFlat 53, Oak Tree House, Schoolfield Road, Grays, RM20 3ANFlat 53, Oak Tree House, Schoolfield Road, Grays, RM20 3AN
•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 Flat 51, Oak Tree House, Grays as the 85th largest and the 73rd most expensive of the 122 addresses on Schoolfield Road, Grays, RM20.
Against the RM20 postcode district average, it is £59k less expensive than the typical property.
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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
Chafford Hundred Lakeside station is the nearest stop to Flat 51, Oak Tree House, Grays at 1.3 kilometres away.
- 1.3kmChafford Hundred Lakeside
- 2.6kmGreenhithe for Bluewater
- 2.8kmStone Crossing
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.
