5 Palmers Drive

    5, PALMERS DRIVE, GRAYS, RM17 5RA

    This terraced freehold property on Palmers Drive last sold in November 2015 for £250,000. Based on price growth in the RM17 district since then, its estimated current value is £394,517 — placing it in the 66th percentile nationally and the 77th percentile within RM17. The property covers 56 m² (603 sq ft), giving an estimated value of £7,045 per m². The EPC rating is D, with a potential rating of B.

    Type

    Terraced

    Tenure

    Freehold

    Floor Area

    603 sq ft

    56 m²

    Last Sale Price

    £250,000

    Nov 2015

    Estimated Valuation

    £394,517

    Est. £/sq ft

    £654/sq ft

    £7,045/m²

    Property Details

    TypeTerraced
    TenureFreehold
    Built formMid-Terrace
    Construction ageEngland and Wales: 1983-1990
    Habitable rooms3
    Main fuelmains gas (not community)
    EPC currentD
    EPC potentialB
    Floor area603 sq ft (56 m²)
    EPC dateJul 2015
    WallsCavity wall, as built, insulated (assumed)
    HeatingBoiler and radiators, mains gas

    Transaction History

    16 Nov 2015

    £250,000

    24 May 1996

    £54,995

    Key Metrics

    Estimated valuation£394,517
    Value per sq ft / m²£654/sq ft (£7,045/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    RM17 district percentile77th percentile
    National percentile66th percentile

    District Context — RM17

    RM17 covers Purfleet and surrounding areas in Essex, located east of London on the Thames estuary. It is a predominantly working-class residential district with strong industrial heritage and practical appeal to commuters and families.

    Average Property Price - RM17

    £326,500

    50

    National percentile

    Average Net Household Income - RM17

    £43,200

    70

    National percentile

    10-Year Annualised Price Growth - RM17

    4.7%

    84

    National percentile

    10-Year Annualised Rent Growth - RM

    4.4%

    80

    National percentile

    View full analysis for RM17

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