18 Caravel Close

    18, CARAVEL CLOSE, GRAYS, RM16 6QB

    This flat/maisonette leasehold property on Caravel Close last sold in March 2022 for £197,000. Based on price growth in the RM16 district since then, its estimated current value is £199,432 — placing it in the 24th percentile nationally and the 3rd percentile within RM16. The property covers 41 m² (441 sq ft), giving an estimated value of £4,864 per m². The EPC rating is C, with a potential rating of C.

    Type

    Flat/Maisonette

    Tenure

    Leasehold

    Floor Area

    441 sq ft

    41 m²

    Last Sale Price

    £197,000

    Mar 2022

    Estimated Valuation

    £199,432

    Est. £/sq ft

    £452/sq ft

    £4,864/m²

    Property Details

    TypeFlat/Maisonette
    TenureLeasehold
    Built formMid-Terrace
    Construction ageEngland and Wales: 1991-1995
    Habitable rooms3
    Main fuelelectricity (not community)
    EPC currentC
    EPC potentialC
    Floor area441 sq ft (41 m²)
    EPC dateMar 2020
    WallsCavity wall, as built, insulated (assumed)
    HeatingElectric storage heaters

    Transaction History

    21 Mar 2022

    £197,000

    12 Jan 2001

    £60,000

    29 Jan 1998

    £45,995

    Key Metrics

    Estimated valuation£199,432
    Value per sq ft / m²£452/sq ft (£4,864/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    RM16 district percentile3rd percentile
    National percentile24th 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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