9 Somerset Close

    9, SOMERSET CLOSE, GRAYS, RM20 4BY

    This terraced freehold property on Somerset Close last sold in March 2023 for £373,000. Based on price growth in the RM20 district since then, its estimated current value is £378,281 — placing it in the 64th percentile nationally and the 76th percentile within RM20. The property covers 77 m² (829 sq ft), giving an estimated value of £4,913 per m². The EPC rating is B, with a potential rating of A.

    Type

    Terraced

    Tenure

    Freehold

    Floor Area

    829 sq ft

    77 m²

    Last Sale Price

    £373,000

    Mar 2023

    Estimated Valuation

    £378,281

    Est. £/sq ft

    £456/sq ft

    £4,913/m²

    Property Details

    TypeTerraced
    TenureFreehold
    Built formEnd-Terrace
    Construction age2018
    Habitable roomsNot available
    Main fuelGas: mains gas
    EPC currentB
    EPC potentialA
    Floor area829 sq ft (77 m²)
    EPC dateJan 2020
    WallsAverage thermal transmittance 0.18 W/m²K
    HeatingBoiler and radiators, mains gas

    Transaction History

    10 Mar 2023

    £373,000

    30 Jan 2020

    New build

    £314,995

    Key Metrics

    Estimated valuation£378,281
    Value per sq ft / m²£456/sq ft (£4,913/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    RM20 district percentile76th percentile
    National percentile64th 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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