41 Mill Lane

    41, MILL LANE, GRAYS, RM20 4YE

    This terraced freehold property on Mill Lane last sold in April 2021 for £315,000. Based on price growth in the RM20 district since then, its estimated current value is £339,522 — placing it in the 57th percentile nationally and the 62nd percentile within RM20. The property covers 70 m² (753 sq ft), giving an estimated value of £4,850 per m². The EPC rating is E, with a potential rating of C.

    Type

    Terraced

    Tenure

    Freehold

    Floor Area

    753 sq ft

    70 m²

    Last Sale Price

    £315,000

    Apr 2021

    Estimated Valuation

    £339,522

    Est. £/sq ft

    £451/sq ft

    £4,850/m²

    Property Details

    TypeTerraced
    TenureFreehold
    Built formMid-Terrace
    Construction ageEngland and Wales: 1930-1949
    Habitable rooms3
    Main fuelmains gas (not community)
    EPC currentE
    EPC potentialC
    Floor area753 sq ft (70 m²)
    EPC dateApr 2016
    WallsSystem built, as built, no insulation (assumed)
    HeatingBoiler and radiators, mains gas

    Transaction History

    30 Apr 2021

    £315,000

    13 Jun 2016

    £210,000

    6 Oct 2006

    £155,000

    2 May 2003

    £123,000

    25 Jul 1997

    £29,000

    Key Metrics

    Estimated valuation£339,522
    Value per sq ft / m²£451/sq ft (£4,850/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    RM20 district percentile62nd percentile
    National percentile57th 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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