1 Caravel Close

    1, CARAVEL CLOSE, GRAYS, RM16 6QB

    This detached freehold property on Caravel Close last sold in December 2022 for £420,000. Based on price growth in the RM16 district since then, its estimated current value is £418,990 — placing it in the 70th percentile nationally and the 55th percentile within RM16. The property covers 66 m² (710 sq ft), giving an estimated value of £6,348 per m². The EPC rating is D, with a potential rating of B.

    Type

    Detached

    Tenure

    Freehold

    Floor Area

    710 sq ft

    66 m²

    Last Sale Price

    £420,000

    Dec 2022

    Estimated Valuation

    £418,990

    Est. £/sq ft

    £590/sq ft

    £6,348/m²

    Property Details

    TypeDetached
    TenureFreehold
    Built formDetached
    Construction ageEngland and Wales: 1996-2002
    Habitable rooms4
    Main fuelmains gas (not community)
    EPC currentD
    EPC potentialB
    Floor area710 sq ft (66 m²)
    EPC dateJan 2018
    WallsCavity wall, filled cavity
    HeatingBoiler and radiators, mains gas

    Transaction History

    9 Dec 2022

    £420,000

    12 Apr 2002

    £151,750

    Key Metrics

    Estimated valuation£418,990
    Value per sq ft / m²£590/sq ft (£6,348/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    RM16 district percentile55th percentile
    National percentile70th 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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