8 Rainbow Road

    8, RAINBOW ROAD, CHAFFORD HUNDRED, GRAYS, RM16 6NG

    This detached freehold property on Rainbow Road last sold in October 2018 for £550,000. Based on price growth in the RM16 district since then, its estimated current value is £640,467 — placing it in the 88th percentile nationally and the 94th percentile within RM16.

    Type

    Detached

    Tenure

    Freehold

    Floor Area

    Last Sale Price

    £550,000

    Oct 2018

    Estimated Valuation

    £640,467

    Est. £/sq ft

    Property Details

    TypeDetached
    TenureFreehold
    Built formNot available
    Construction ageNot available
    Habitable roomsNot available
    Main fuelNot available
    EPC currentNot available
    EPC potentialNot available
    Floor areaNot available
    EPC dateNot available
    WallsNot available
    HeatingNot available

    Transaction History

    16 Oct 2018

    £550,000

    4 Aug 2000

    £159,500

    31 Mar 1998

    New build

    £129,950

    Key Metrics

    Estimated valuation£640,467
    Value per sq ft / m²Not available
    Estimated gross yieldNot available
    Implied monthly rentNot available
    RM16 district percentile94th percentile
    National percentile88th 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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