48 Springfield Road

    48, SPRINGFIELD ROAD, GRAYS, RM16 2QU

    This terraced freehold property on Springfield Road last sold in January 2022 for £352,500. Based on price growth in the RM16 district since then, its estimated current value is £355,516 — placing it in the 60th percentile nationally and the 35th percentile within RM16. The property covers 75 m² (807 sq ft), giving an estimated value of £4,740 per m². The EPC rating is D, with a potential rating of B.

    Type

    Terraced

    Tenure

    Freehold

    Floor Area

    807 sq ft

    75 m²

    Last Sale Price

    £352,500

    Jan 2022

    Estimated Valuation

    £355,516

    Est. £/sq ft

    £440/sq ft

    £4,740/m²

    Property Details

    TypeTerraced
    TenureFreehold
    Built formEnd-Terrace
    Construction ageEngland and Wales: 1967-1975
    Habitable rooms5
    Main fuelmains gas (not community)
    EPC currentD
    EPC potentialB
    Floor area807 sq ft (75 m²)
    EPC dateFeb 2017
    WallsCavity wall, filled cavity
    HeatingBoiler and radiators, mains gas

    Transaction History

    17 Jan 2022

    £352,500

    20 Sept 2013

    £188,500

    8 Dec 2009

    £173,000

    12 Oct 2001

    £95,000

    Key Metrics

    Estimated valuation£355,516
    Value per sq ft / m²£440/sq ft (£4,740/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    RM16 district percentile35th percentile
    National percentile60th 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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