11 Chance Close

    11, CHANCE CLOSE, GRAYS, RM16 6QE

    This detached freehold property on Chance Close last sold in June 2024 for £402,000. Based on price growth in the RM16 district since then, its estimated current value is £408,567 — placing it in the 68th percentile nationally and the 52nd percentile within RM16. The property covers 66 m² (710 sq ft), giving an estimated value of £6,190 per m². The EPC rating is C, with a potential rating of B.

    Type

    Detached

    Tenure

    Freehold

    Floor Area

    710 sq ft

    66 m²

    Last Sale Price

    £402,000

    Jun 2024

    Estimated Valuation

    £408,567

    Est. £/sq ft

    £575/sq ft

    £6,190/m²

    Property Details

    TypeDetached
    TenureFreehold
    Built formEnd-Terrace
    Construction ageEngland and Wales: 1983-1990
    Habitable rooms5
    Main fuelmains gas (not community)
    EPC currentC
    EPC potentialB
    Floor area710 sq ft (66 m²)
    EPC dateJun 2016
    WallsCavity wall, as built, insulated (assumed)
    HeatingBoiler and radiators, mains gas

    Transaction History

    7 Jun 2024

    £402,000

    10 Feb 2017

    £315,000

    16 Apr 2004

    £178,000

    18 Aug 1998

    £76,500

    Key Metrics

    Estimated valuation£408,567
    Value per sq ft / m²£575/sq ft (£6,190/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    RM16 district percentile52nd percentile
    National percentile68th 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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