2 Oakway

    2, OAKWAY, GRAYS, RM16 2HP

    This semi-detached freehold property on Oakway last sold in December 2018 for £350,000. Based on price growth in the RM16 district since then, its estimated current value is £427,116 — placing it in the 71st percentile nationally and the 58th percentile within RM16. The property covers 118 m² (1,270 sq ft), giving an estimated value of £3,620 per m². The EPC rating is D, with a potential rating of B.

    Type

    Semi-Detached

    Tenure

    Freehold

    Floor Area

    1,270 sq ft

    118 m²

    Last Sale Price

    £350,000

    Dec 2018

    Estimated Valuation

    £427,116

    Est. £/sq ft

    £336/sq ft

    £3,620/m²

    Property Details

    TypeSemi-Detached
    TenureFreehold
    Built formSemi-Detached
    Construction ageEngland and Wales: 1950-1966
    Habitable rooms7
    Main fuelmains gas (not community)
    EPC currentD
    EPC potentialB
    Floor area1,270 sq ft (118 m²)
    EPC dateJan 2014
    WallsCavity wall, filled cavity
    HeatingBoiler and radiators, mains gas

    Transaction History

    12 Dec 2018

    £350,000

    25 Jul 2002

    £129,950

    Key Metrics

    Estimated valuation£427,116
    Value per sq ft / m²£336/sq ft (£3,620/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    RM16 district percentile58th percentile
    National percentile71st percentile

    District Context — RM16

    RM16 covers the southern reaches of Essex, including Aveley and areas around the Thames estuary. It is a suburban district with a family-oriented character and strong owner-occupier presence.

    Average Property Price - RM16

    £406,304

    68

    National percentile

    Average Net Household Income - RM16

    £34,045

    25

    National percentile

    10-Year Annualised Price Growth - RM16

    4.2%

    71

    National percentile

    10-Year Annualised Rent Growth - RM

    4.4%

    80

    National percentile

    View full analysis for RM16

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