40 Prospect Place

    40, PROSPECT PLACE, GRAYS, RM17 6BY

    This terraced freehold property on Prospect Place last sold in January 2023 for £325,000. Based on price growth in the RM17 district since then, its estimated current value is £322,991 — placing it in the 54th percentile nationally and the 53rd percentile within RM17. The property covers 84 m² (904 sq ft), giving an estimated value of £3,845 per m². The EPC rating is D, with a potential rating of B.

    Type

    Terraced

    Tenure

    Freehold

    Floor Area

    904 sq ft

    84 m²

    Last Sale Price

    £325,000

    Jan 2023

    Estimated Valuation

    £322,991

    Est. £/sq ft

    £357/sq ft

    £3,845/m²

    Property Details

    TypeTerraced
    TenureFreehold
    Built formMid-Terrace
    Construction ageEngland and Wales: 1900-1929
    Habitable rooms5
    Main fuelmains gas (not community)
    EPC currentD
    EPC potentialB
    Floor area904 sq ft (84 m²)
    EPC dateJun 2022
    WallsSolid brick, as built, no insulation (assumed)
    HeatingBoiler and radiators, mains gas

    Transaction History

    13 Jan 2023

    £325,000

    Key Metrics

    Estimated valuation£322,991
    Value per sq ft / m²£357/sq ft (£3,845/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    RM17 district percentile53rd percentile
    National percentile54th 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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