7 Chapel Close

    7, CHAPEL CLOSE, GRAYS, RM20 3JG

    This flat/maisonette leasehold property on Chapel Close last sold in March 2017 for £97,500. Based on price growth in the RM20 district since then, its estimated current value is £120,546 — placing it in the 7th percentile nationally and the 2nd percentile within RM20. The property covers 31 m² (334 sq ft), giving an estimated value of £3,889 per m². The EPC rating is E, with a potential rating of B.

    Type

    Flat/Maisonette

    Tenure

    Leasehold

    Floor Area

    334 sq ft

    31 m²

    Last Sale Price

    £97,500

    Mar 2017

    Estimated Valuation

    £120,546

    Est. £/sq ft

    £361/sq ft

    £3,889/m²

    Property Details

    TypeFlat/Maisonette
    TenureLeasehold
    Built formSemi-Detached
    Construction ageEngland and Wales: 1996-2002
    Habitable rooms1
    Main fuelTo be used only when there is no heating/hot-water system
    EPC currentE
    EPC potentialB
    Floor area334 sq ft (31 m²)
    EPC dateApr 2012
    WallsTimber frame, as built, insulated (assumed)
    HeatingNo system present: electric heaters assumed

    Transaction History

    17 Mar 2017

    £97,500

    2 Oct 2015

    £78,000

    8 May 2007

    £84,995

    22 Aug 2003

    £64,995

    Key Metrics

    Estimated valuation£120,546
    Value per sq ft / m²£361/sq ft (£3,889/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    RM20 district percentile2nd percentile
    National percentile7th percentile

    District Context — RM20

    RM20 covers parts of outer East London and Essex, positioned in the eastern fringes of the Greater London area. It is a diverse, suburban community with a strong mix of established residential neighbourhoods and newer development.

    Average Property Price - RM20

    £301,696

    42

    National percentile

    Average Net Household Income - RM20

    £3,756

    0

    National percentile

    10-Year Annualised Price Growth - RM20

    5.0%

    89

    National percentile

    10-Year Annualised Rent Growth - RM

    4.4%

    80

    National percentile

    View full analysis for RM20

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