2 Merton Place

    2, MERTON PLACE, GRAYS, RM16 4HL

    This semi-detached freehold property on Merton Place last sold in May 2012 for £170,000. Based on price growth in the RM16 district since then, its estimated current value is £345,294 — placing it in the 58th percentile nationally and the 31st percentile within RM16. The property covers 110 m² (1,184 sq ft), giving an estimated value of £3,139 per m². The EPC rating is E, with a potential rating of C.

    Type

    Semi-Detached

    Tenure

    Freehold

    Floor Area

    1,184 sq ft

    110 m²

    Last Sale Price

    £170,000

    May 2012

    Estimated Valuation

    £345,294

    Est. £/sq ft

    £292/sq ft

    £3,139/m²

    Property Details

    TypeSemi-Detached
    TenureFreehold
    Built formSemi-Detached
    Construction ageEngland and Wales: 1950-1966
    Habitable rooms4
    Main fuelmains gas (not community)
    EPC currentE
    EPC potentialC
    Floor area1,184 sq ft (110 m²)
    EPC dateMay 2014
    WallsCavity wall, as built, no insulation (assumed)
    HeatingBoiler and radiators, mains gas

    Transaction History

    21 May 2012

    £170,000

    23 Jul 2007

    £184,995

    Key Metrics

    Estimated valuation£345,294
    Value per sq ft / m²£292/sq ft (£3,139/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    RM16 district percentile31st percentile
    National percentile58th 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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