2 Gumley Close

    2, GUMLEY CLOSE, GRAYS, RM20 4BQ

    This terraced freehold property on Gumley Close last sold in October 2024 for £350,000. Based on price growth in the RM20 district since then, its estimated current value is £359,630 — placing it in the 61st percentile nationally and the 70th percentile within RM20. The property covers 68 m² (732 sq ft), giving an estimated value of £5,289 per m². The EPC rating is B, with a potential rating of B.

    Type

    Terraced

    Tenure

    Freehold

    Floor Area

    732 sq ft

    68 m²

    Last Sale Price

    £350,000

    Oct 2024

    Estimated Valuation

    £359,630

    Est. £/sq ft

    £491/sq ft

    £5,289/m²

    Property Details

    TypeTerraced
    TenureFreehold
    Built formMid-Terrace
    Construction age2014
    Habitable roomsNot available
    Main fuelGas: mains gas
    EPC currentB
    EPC potentialB
    Floor area732 sq ft (68 m²)
    EPC dateDec 2014
    WallsAverage thermal transmittance 0.27 W/m²K
    HeatingBoiler and radiators, mains gas

    Transaction History

    2 Oct 2024

    £350,000

    10 May 2019

    £266,000

    29 Dec 2014

    New build

    £205,995

    Key Metrics

    Estimated valuation£359,630
    Value per sq ft / m²£491/sq ft (£5,289/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    RM20 district percentile70th percentile
    National percentile61st 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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