5 Avenue Lodge, 2 Palmers Avenue

    5 AVENUE LODGE, 2, PALMERS AVENUE, GRAYS, RM17 5UE

    This flat/maisonette leasehold property on Palmers Avenue last sold in May 2022 for £247,500. Based on price growth in the RM17 district since then, its estimated current value is £234,916 — placing it in the 33rd percentile nationally and the 28th percentile within RM17. The property covers 64 m² (689 sq ft), giving an estimated value of £3,671 per m². The EPC rating is C, with a potential rating of C.

    Type

    Flat/Maisonette

    Tenure

    Leasehold

    Floor Area

    689 sq ft

    64 m²

    Last Sale Price

    £247,500

    May 2022

    Estimated Valuation

    £234,916

    Est. £/sq ft

    £341/sq ft

    £3,671/m²

    Property Details

    TypeFlat/Maisonette
    TenureLeasehold
    Built formSemi-Detached
    Construction ageEngland and Wales: 1991-1995
    Habitable rooms3
    Main fuelmains gas (not community)
    EPC currentC
    EPC potentialC
    Floor area689 sq ft (64 m²)
    EPC dateDec 2021
    WallsCavity wall, as built, insulated (assumed)
    HeatingBoiler and radiators, mains gas

    Transaction History

    13 May 2022

    £247,500

    Key Metrics

    Estimated valuation£234,916
    Value per sq ft / m²£341/sq ft (£3,671/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    RM17 district percentile28th percentile
    National percentile33rd 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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