50 Chestnut Avenue

    50, CHESTNUT AVENUE, GRAYS, RM16 2UJ

    This detached freehold property on Chestnut Avenue last sold in September 2024 for £775,000. Based on price growth in the RM16 district since then, its estimated current value is £787,660 — placing it in the 93rd percentile nationally and the 98th percentile within RM16. The property covers 161 m² (1,733 sq ft), giving an estimated value of £4,892 per m². The EPC rating is C, with a potential rating of B.

    Type

    Detached

    Tenure

    Freehold

    Floor Area

    1,733 sq ft

    161 m²

    Last Sale Price

    £775,000

    Sept 2024

    Estimated Valuation

    £787,660

    Est. £/sq ft

    £454/sq ft

    £4,892/m²

    Property Details

    TypeDetached
    TenureFreehold
    Built formDetached
    Construction ageEngland and Wales: 1950-1966
    Habitable rooms6
    Main fuelmains gas (not community)
    EPC currentC
    EPC potentialB
    Floor area1,733 sq ft (161 m²)
    EPC dateApr 2024
    WallsSolid brick, as built, no insulation (assumed)
    HeatingBoiler and radiators, mains gas

    Transaction History

    6 Sept 2024

    £775,000

    12 Sept 2014

    £475,000

    10 Apr 2007

    £220,000

    Key Metrics

    Estimated valuation£787,660
    Value per sq ft / m²£454/sq ft (£4,892/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    RM16 district percentile98th percentile
    National percentile93rd 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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