23 Caravel Close

    23, CARAVEL CLOSE, GRAYS, RM16 6QB

    This terraced leasehold property on Caravel Close last sold in August 2011 for £121,000. Based on price growth in the RM16 district since then, its estimated current value is £231,772 — placing it in the 33rd percentile nationally and the 7th percentile within RM16. The property covers 49 m² (527 sq ft), giving an estimated value of £4,730 per m². The EPC rating is C, with a potential rating of C.

    See wider trends for Caravel Close →

    Type

    Terraced

    Tenure

    Leasehold

    Floor Area

    527 sq ft

    49 m²

    Last Sale Price

    £121,000

    Aug 2011

    Estimated Valuation

    £231,772

    Est. £/sq ft

    £439/sq ft

    £4,730/m²

    Property Details

    TypeTerraced
    TenureLeasehold
    Built formEnd-Terrace
    Construction ageEngland and Wales: 1983-1990
    Habitable rooms2
    Main fuelelectricity (not community)
    EPC currentC
    EPC potentialC
    Floor area527 sq ft (49 m²)
    EPC dateNov 2021
    WallsCavity wall, as built, insulated (assumed)
    HeatingElectric storage heaters

    Transaction History

    16 Aug 2011

    £121,000

    27 May 2004

    £114,500

    29 Oct 2001

    £76,000

    27 Apr 1998

    £46,000

    30 Nov 1995

    £35,800

    Key Metrics

    Estimated valuation£231,772
    Value per sq ft / m²£439/sq ft (£4,730/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    RM16 district percentile7th percentile
    National percentile33rd percentile

    District Context — RM16

    See wider trends for 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

    £409,134

    71

    National percentile

    12 month avg at 31 Aug 2026

    Average Net Household Income - RM16

    £34,045

    25

    National percentile

    2023 census data

    10-Year Annualised Price Growth - RM16

    3.5%

    67

    National percentile

    Estimate at 31 Aug 2026

    10-Year Annualised Rent Growth - RM

    4.2%

    67

    National percentile

    Estimate at 31 Aug 2026

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