40 Cedar Road

    40, CEDAR ROAD, GRAYS, RM16 4SX

    This terraced freehold property on Cedar Road last sold in February 2021 for £294,995. Based on price growth in the RM16 district since then, its estimated current value is £326,047 — placing it in the 55th percentile nationally and the 26th percentile within RM16. The property covers 132 m² (1,421 sq ft), giving an estimated value of £2,470 per m². The EPC rating is C, with a potential rating of B.

    Type

    Terraced

    Tenure

    Freehold

    Floor Area

    1,421 sq ft

    132 m²

    Last Sale Price

    £294,995

    Feb 2021

    Estimated Valuation

    £326,047

    Est. £/sq ft

    £229/sq ft

    £2,470/m²

    Property Details

    TypeTerraced
    TenureFreehold
    Built formEnd-Terrace
    Construction ageEngland and Wales: 1976-1982
    Habitable rooms8
    Main fuelmains gas (not community)
    EPC currentC
    EPC potentialB
    Floor area1,421 sq ft (132 m²)
    EPC dateMar 2026
    WallsCavity wall, filled cavity
    HeatingBoiler and radiators, mains gas

    Transaction History

    24 Feb 2021

    £294,995

    Key Metrics

    Estimated valuation£326,047
    Value per sq ft / m²£229/sq ft (£2,470/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    RM16 district percentile26th percentile
    National percentile55th 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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