56 Springfield Road

    56, SPRINGFIELD ROAD, GRAYS, RM16 2QU

    This terraced freehold property on Springfield Road last sold in July 2014 for £184,000. Based on price growth in the RM16 district since then, its estimated current value is £307,838 — placing it in the 51st percentile nationally and the 21st percentile within RM16. The property covers 88 m² (947 sq ft), giving an estimated value of £3,498 per m². The EPC rating is D, with a potential rating of B.

    Type

    Terraced

    Tenure

    Freehold

    Floor Area

    947 sq ft

    88 m²

    Last Sale Price

    £184,000

    Jul 2014

    Estimated Valuation

    £307,838

    Est. £/sq ft

    £325/sq ft

    £3,498/m²

    Property Details

    TypeTerraced
    TenureFreehold
    Built formEnd-Terrace
    Construction ageEngland and Wales: 1950-1966
    Habitable rooms5
    Main fuelmains gas (not community)
    EPC currentD
    EPC potentialB
    Floor area947 sq ft (88 m²)
    EPC dateMay 2019
    WallsCavity wall, filled cavity
    HeatingBoiler and radiators, mains gas

    Transaction History

    18 Jul 2014

    £184,000

    22 Jul 2011

    £175,000

    Key Metrics

    Estimated valuation£307,838
    Value per sq ft / m²£325/sq ft (£3,498/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    RM16 district percentile21st percentile
    National percentile51st 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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