2 Ark Avenue

    2, ARK AVENUE, GRAYS, RM16 6QR

    This terraced freehold property on Ark Avenue last sold in January 2023 for £250,000. Based on price growth in the RM16 district since then, its estimated current value is £249,076 — placing it in the 37th percentile nationally and the 12th percentile within RM16. The property covers 44 m² (474 sq ft), giving an estimated value of £5,661 per m². The EPC rating is D, with a potential rating of B.

    Type

    Terraced

    Tenure

    Freehold

    Floor Area

    474 sq ft

    44 m²

    Last Sale Price

    £250,000

    Jan 2023

    Estimated Valuation

    £249,076

    Est. £/sq ft

    £526/sq ft

    £5,661/m²

    Property Details

    TypeTerraced
    TenureFreehold
    Built formSemi-Detached
    Construction ageEngland and Wales: 1976-1982
    Habitable rooms4
    Main fuelmains gas (not community)
    EPC currentD
    EPC potentialB
    Floor area474 sq ft (44 m²)
    EPC dateSept 2014
    WallsCavity wall, as built, partial insulation (assumed)
    HeatingBoiler and radiators, mains gas

    Transaction History

    4 Jan 2023

    £250,000

    15 Jun 2018

    £230,000

    22 Jul 2016

    £215,000

    27 Jun 2014

    £145,000

    30 Jul 2004

    £124,500

    Key Metrics

    Estimated valuation£249,076
    Value per sq ft / m²£526/sq ft (£5,661/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    RM16 district percentile12th percentile
    National percentile37th 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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