2 Lea Road

    2, LEA ROAD, GRAYS, RM16 4DD

    This semi-detached freehold property on Lea Road last sold in May 2011 for £130,000. Based on price growth in the RM16 district since then, its estimated current value is £258,866 — placing it in the 40th percentile nationally and the 14th percentile within RM16. The property covers 97 m² (1,044 sq ft), giving an estimated value of £2,669 per m². The EPC rating is E, with a potential rating of B.

    Type

    Semi-Detached

    Tenure

    Freehold

    Floor Area

    1,044 sq ft

    97 m²

    Last Sale Price

    £130,000

    May 2011

    Estimated Valuation

    £258,866

    Est. £/sq ft

    £248/sq ft

    £2,669/m²

    Property Details

    TypeSemi-Detached
    TenureFreehold
    Built formSemi-Detached
    Construction ageEngland and Wales: 1950-1966
    Habitable rooms5
    Main fuelmains gas (not community)
    EPC currentE
    EPC potentialB
    Floor area1,044 sq ft (97 m²)
    EPC dateAug 2016
    WallsCavity wall, as built, no insulation (assumed)
    HeatingBoiler and radiators, mains gas

    Transaction History

    20 May 2011

    £130,000

    13 Aug 1999

    £65,000

    Key Metrics

    Estimated valuation£258,866
    Value per sq ft / m²£248/sq ft (£2,669/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    RM16 district percentile14th percentile
    National percentile40th 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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