29 Caravel Close

    29, CARAVEL CLOSE, GRAYS, GRAYS, RM16 6QB

    This flat/maisonette leasehold property on Caravel Close last sold in September 2006 for £125,000. Based on price growth in the RM16 district since then, its estimated current value is £195,981 — placing it in the 23rd percentile nationally and the 3rd percentile within RM16. The property covers 45 m² (484 sq ft), giving an estimated value of £4,355 per m². The EPC rating is C, with a potential rating of C.

    Type

    Flat/Maisonette

    Tenure

    Leasehold

    Floor Area

    484 sq ft

    45 m²

    Last Sale Price

    £125,000

    Sept 2006

    Estimated Valuation

    £195,981

    Est. £/sq ft

    £405/sq ft

    £4,355/m²

    Property Details

    TypeFlat/Maisonette
    TenureLeasehold
    Built formMid-Terrace
    Construction ageEngland and Wales: 1991-1995
    Habitable rooms2
    Main fuelelectricity (not community)
    EPC currentC
    EPC potentialC
    Floor area484 sq ft (45 m²)
    EPC dateNov 2023
    WallsCavity wall, as built, insulated (assumed)
    HeatingRoom heaters, electric

    Transaction History

    27 Sept 2006

    £125,000

    23 Jan 1998

    £44,500

    28 Apr 1995

    £37,950

    Key Metrics

    Estimated valuation£195,981
    Value per sq ft / m²£405/sq ft (£4,355/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    RM16 district percentile3rd percentile
    National percentile23rd 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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