8 Somerset Close

    8, SOMERSET CLOSE, GRAYS, RM20 4BY

    This semi-detached freehold property on Somerset Close last sold in September 2020 for £389,995. Based on price growth in the RM20 district since then, its estimated current value is £397,962 — placing it in the 67th percentile nationally and the 83rd percentile within RM20. The property covers 85 m² (915 sq ft), giving an estimated value of £4,682 per m². The EPC rating is B, with a potential rating of A.

    Type

    Semi-Detached

    Tenure

    Freehold

    Floor Area

    915 sq ft

    85 m²

    Last Sale Price

    £389,995

    Sept 2020

    Estimated Valuation

    £397,962

    Est. £/sq ft

    £435/sq ft

    £4,682/m²

    Property Details

    TypeSemi-Detached
    TenureFreehold
    Built formSemi-Detached
    Construction age2018
    Habitable roomsNot available
    Main fuelGas: mains gas
    EPC currentB
    EPC potentialA
    Floor area915 sq ft (85 m²)
    EPC dateJul 2020
    WallsAverage thermal transmittance 0.18 W/m²K
    HeatingBoiler and radiators, mains gas

    Transaction History

    14 Sept 2020

    New build

    £389,995

    Key Metrics

    Estimated valuation£397,962
    Value per sq ft / m²£435/sq ft (£4,682/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    RM20 district percentile83rd percentile
    National percentile67th 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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