24 Chestnut Avenue

    24, CHESTNUT AVENUE, GRAYS, RM16 2UJ

    This detached freehold property on Chestnut Avenue last sold in September 2023 for £572,500. Based on price growth in the RM16 district since then, its estimated current value is £542,959 — placing it in the 82nd percentile nationally and the 85th percentile within RM16. The property covers 97 m² (1,044 sq ft), giving an estimated value of £5,598 per m². The EPC rating is D, with a potential rating of B.

    Type

    Detached

    Tenure

    Freehold

    Floor Area

    1,044 sq ft

    97 m²

    Last Sale Price

    £572,500

    Sept 2023

    Estimated Valuation

    £542,959

    Est. £/sq ft

    £520/sq ft

    £5,598/m²

    Property Details

    TypeDetached
    TenureFreehold
    Built formDetached
    Construction ageEngland and Wales: 1930-1949
    Habitable rooms6
    Main fuelmains gas (not community)
    EPC currentD
    EPC potentialB
    Floor area1,044 sq ft (97 m²)
    EPC dateSept 2022
    WallsSolid brick, as built, no insulation (assumed)
    HeatingBoiler and radiators, mains gas

    Transaction History

    22 Sept 2023

    £572,500

    22 Jul 2004

    £280,000

    3 Sept 1999

    £47,500

    Key Metrics

    Estimated valuation£542,959
    Value per sq ft / m²£520/sq ft (£5,598/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    RM16 district percentile85th percentile
    National percentile82nd 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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