27 Caravel Close

    27, CARAVEL CLOSE, GRAYS, RM16 6QB

    This flat/maisonette leasehold property on Caravel Close last sold in February 2017 for £185,000. Based on price growth in the RM16 district since then, its estimated current value is £209,369 — placing it in the 27th percentile nationally and the 4th percentile within RM16. The property covers 42 m² (452 sq ft), giving an estimated value of £4,985 per m². The EPC rating is D, with a potential rating of C.

    Type

    Flat/Maisonette

    Tenure

    Leasehold

    Floor Area

    452 sq ft

    42 m²

    Last Sale Price

    £185,000

    Feb 2017

    Estimated Valuation

    £209,369

    Est. £/sq ft

    £463/sq ft

    £4,985/m²

    Property Details

    TypeFlat/Maisonette
    TenureLeasehold
    Built formSemi-Detached
    Construction ageEngland and Wales: 1983-1990
    Habitable rooms3
    Main fuelelectricity (not community)
    EPC currentD
    EPC potentialC
    Floor area452 sq ft (42 m²)
    EPC dateMay 2016
    WallsSystem built, as built, insulated (assumed)
    HeatingRoom heaters, electric

    Transaction History

    17 Feb 2017

    £185,000

    13 Aug 2004

    £130,000

    29 Oct 2001

    £72,500

    Key Metrics

    Estimated valuation£209,369
    Value per sq ft / m²£463/sq ft (£4,985/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    RM16 district percentile4th percentile
    National percentile27th 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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