1 Farm Drive

    1, FARM DRIVE, GRAYS, RM16 2LY

    This detached freehold property on Farm Drive last sold in January 2017 for £475,000. Based on price growth in the RM16 district since then, its estimated current value is £616,904 — placing it in the 87th percentile nationally and the 92nd percentile within RM16. The property covers 128 m² (1,378 sq ft), giving an estimated value of £4,820 per m². The EPC rating is D, with a potential rating of C.

    Type

    Detached

    Tenure

    Freehold

    Floor Area

    1,378 sq ft

    128 m²

    Last Sale Price

    £475,000

    Jan 2017

    Estimated Valuation

    £616,904

    Est. £/sq ft

    £448/sq ft

    £4,820/m²

    Property Details

    TypeDetached
    TenureFreehold
    Built formDetached
    Construction ageEngland and Wales: 1991-1995
    Habitable rooms7
    Main fuelmains gas (not community)
    EPC currentD
    EPC potentialC
    Floor area1,378 sq ft (128 m²)
    EPC dateNov 2013
    WallsCavity wall, as built, insulated (assumed)
    HeatingBoiler and radiators, mains gas

    Transaction History

    17 Jan 2017

    £475,000

    7 Jul 2014

    £380,000

    22 Jul 2002

    £247,000

    Key Metrics

    Estimated valuation£616,904
    Value per sq ft / m²£448/sq ft (£4,820/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    RM16 district percentile92nd percentile
    National percentile87th 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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