11 Caravel Close

    11, CARAVEL CLOSE, GRAYS, RM16 6QB

    This flat/maisonette leasehold property on Caravel Close last sold in July 2018 for £187,500. Based on price growth in the RM16 district since then, its estimated current value is £207,649 — placing it in the 26th percentile nationally and the 4th percentile within RM16. The property covers 42 m² (452 sq ft), giving an estimated value of £4,944 per m². The EPC rating is C, with a potential rating of C.

    Type

    Flat/Maisonette

    Tenure

    Leasehold

    Floor Area

    452 sq ft

    42 m²

    Last Sale Price

    £187,500

    Jul 2018

    Estimated Valuation

    £207,649

    Est. £/sq ft

    £459/sq ft

    £4,944/m²

    Property Details

    TypeFlat/Maisonette
    TenureLeasehold
    Built formEnd-Terrace
    Construction ageEngland and Wales: 1991-1995
    Habitable rooms3
    Main fuelelectricity (not community)
    EPC currentC
    EPC potentialC
    Floor area452 sq ft (42 m²)
    EPC dateJan 2022
    WallsCavity wall, as built, insulated (assumed)
    HeatingElectric storage heaters

    Transaction History

    12 Jul 2018

    £187,500

    5 Jun 2017

    £176,000

    Key Metrics

    Estimated valuation£207,649
    Value per sq ft / m²£459/sq ft (£4,944/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    RM16 district percentile4th percentile
    National percentile26th 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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