Flat 73, Oak Tree House
Flat 73, Oak Tree House
Description & Estimates
Flat 73, Oak Tree House, Grays is recorded publicly as a modern leasehold apartment across 721 ft2 of internal area.
Locally, apartments of this size normally have 3 bedrooms with a balcony.
Our estimate of the sale value of Flat 73, Oak Tree House, Grays is £230,804 and its rental estimate is £1,410 per month, given the available information and assuming reasonable condition.
Oak Tree House, Schoolfield Road is a residential building on Schoolfield Road, Grays, RM20 and falls within the RM20 postal district.
Our Data Sources
Flat 73, Oak Tree House, Grays has 2 entries in the Land Registry , most recently in May 2015 and a single entry in the EPC database dated May 2023.
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
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 Flat 73, Oak Tree House, Grays, we estimate a market value of £242,344 and a rental value of £1,481 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £214,648 and £1,311 per month respectively.
Recent Market Change
Over the last year, Flat 73, Oak Tree House, Grays has seen its estimated sale value decline by £3,417 (1.5%) and its estimated rental value climb by £24 per month (1.7%). This results in an estimated gross rental yield of 7.3%.
Energy Efficiency
Flat 73, Oak Tree House, Grays has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 04 May 2023.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
Sold Prices
The most recent sale of Flat 73, Oak Tree House, Grays completed on 15th May 2015 at £140,000 and was recorded by HM Land Registry as a leasehold flat.
Since 1995 the property has sold twice.
Values of comparable properties have risen by 26.8% over the period since May 2015.
- Sold May 2015£140,000
- Sold Dec 2011£125,000
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to Flat 73, Oak Tree House, Grays have sold within a radius of 990 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 11th June 2024, was Flat 41, Witham House, Schoolfield Way, Grays, RM20 3AF, a leasehold flat which sold for £240,000.
Read more about house prices in RM20.
- Sold Jun 2024£240,000 | 2 Bed FlatWitham House, Schoolfield WayFlat 41, Witham House, Schoolfield Way, Grays, RM20 3AF
- Sold Aug 2023£232,000 | 2 Bed FlatWitham House, Schoolfield WayFlat 27, Witham House, Schoolfield Way, Grays, RM20 3AF
- Sold Jul 2023£230,000 | 2 Bed FlatWitham House, Schoolfield WayFlat 37, Witham House, Schoolfield Way, Grays, RM20 3AF
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Of the 122 addresses on Schoolfield Road, Grays, RM20, Flat 73, Oak Tree House, Grays comes out as the 52nd largest and the 65th most expensive in our analysis of the public data.
It is also £42k less expensive than the average property across the RM20 district.
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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
From Flat 73, Oak Tree House, Grays, the nearest station is Chafford Hundred Lakeside, 1.3 kilometres away.
- 1.3kmChafford Hundred Lakeside
- 2.6kmGreenhithe for Bluewater
- 2.8kmStone Crossing
Available Internet Speeds
Broadband here reaches superfast speeds, based on recent Ofcom data.
According to recent data from Ofcom, Superfast broadband is available in the area.
Risk of Flooding
The flood risk here is rated very low, based on Environment Agency data.
