22 Mead Close

    22, MEAD CLOSE, GRAYS, RM16 2TR

    This terraced freehold property on Mead Close last sold in June 2021 for £380,000. Based on price growth in the RM16 district since then, its estimated current value is £420,000 — placing it in the 70th percentile nationally and the 56th percentile within RM16. The property covers 176 m² (1,894 sq ft), giving an estimated value of £2,386 per m². The EPC rating is E, with a potential rating of C.

    Type

    Terraced

    Tenure

    Freehold

    Floor Area

    1,894 sq ft

    176 m²

    Last Sale Price

    £380,000

    Jun 2021

    Estimated Valuation

    £420,000

    Est. £/sq ft

    £222/sq ft

    £2,386/m²

    Property Details

    TypeTerraced
    TenureFreehold
    Built formMid-Terrace
    Construction ageEngland and Wales: 1967-1975
    Habitable rooms5
    Main fuelmains gas (not community)
    EPC currentE
    EPC potentialC
    Floor area1,894 sq ft (176 m²)
    EPC dateDec 2015
    WallsCavity wall, as built, no insulation (assumed)
    HeatingWarm air, mains gas

    Transaction History

    29 Jun 2021

    £380,000

    12 Jul 2012

    £214,000

    Key Metrics

    Estimated valuation£420,000
    Value per sq ft / m²£222/sq ft (£2,386/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    RM16 district percentile56th percentile
    National percentile70th 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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