1 Credo Way, Grays, RM20 3JE is a freehold terraced property built between 1991-1995. The property offers approximately 635 square feet of living space. In this location, properties of similar size usually have one bedroom.

The estimated current market value of the property is £258,008 , which equates to approximately £406 per square foot. It was last sold on 26 Sep 2016 for £202,000. Since then, the value has increased by £56,008, representing a 27.7% increase, or approximately 3.0% per year.

The current estimated value of £258,008 is:

  • 6.9% lower than the average property price on Credo Way
  • 11.9% lower than the average in the RM20 3JE postcode area
  • and 30.3% lower than the average price for Grays as a whole

This property has had 2 EPC inspections with recorded tenure information. It was recorded as owner-occupied both times. This suggests the property has typically been lived in by its owners, which often reflects longer-term residency and more consistent maintenance.

At the most recent EPC inspection on 9 August 2016, the property was recorded as owner-occupied.

View sold house prices in RM20 3JE

Building approximate location

About Property

Type
Terraced House
Built
1991-1995
Interior Size
635 sq ft
Tenure
Freehold
Price (estimate)
£258,008
Price Per sq ft (estimate)
£406
Bedroom Count (estimate)
1 bedroom

EPC Summary

1 Credo Way, Grays, Thurrock, RM20 3JE has an Energy Performance Certificate (EPC) rating of E, based on the latest assessment carried out on 9 Aug 2016.

This property uses electric storage heaters as its main heating source. Hot water is provided from off-peak electric immersion heater. The windows are fully double glazed.

The previous EPC assessment was conducted on 27 Sep 2012, when the property was rated D. The current rating of E reflects a decline in energy efficiency of 14.3%.

Since the previous assessment, several changes were observed:

  • The hot water energy efficiency changing from poor to very poor, while the system remained as electric immersion, off-peak.
  • The roof construction or insulation changed from pitched, 150 mm loft insulation to pitched, 75 mm loft insulation, changing energy efficiency from good to average.
Heating Type
Electric storage heaters
Average
Hot Water
Electric immersion, off-peak
Very Poor
Roof
Pitched, 75 mm loft insulation
Average
Walls
Timber frame, as built, insulated (assumed)
Good
Windows
Fully double glazed
Average
Lighting
No low energy lighting
Very Poor

Compared to RM20 3JE

23 rd / 26
Price Rank
12% lower than average
9 th / 22
Size Rank
9% bigger than average
21 st / 22
Price Per Sq FT Rank
19% lower than average

Compared to other properties in RM20 3JE , this house's estimated value ranks 23th out of 26. Based on price per square foot, it ranks 21th out of 22 properties. This indicates a lower price per square foot than most, suggesting good value for the space offered. In terms of size, this home ranks 9th out of 22 properties in its postcode area.

Sale History

Today
£258,008
streetscan.co.uk estimate
+28 %
26 Sep 2016
£202,000
Leasehold
+55.4 %
20 Dec 2012
£130,000
Leasehold
+76.9 %
11 Jan 2002
£73,500
Leasehold

Area Insights

Similar Properties Sold Nearby

rooms: 3
size: 646 sq ft
sale price: £330,000
sale date: 9 Feb 2023
rooms: 3
size: 635 sq ft
sale price: £245,000
sale date: 20 Nov 2020
rooms: 3
size: 581 sq ft
sale price: £260,000
sale date: 25 Sep 2020
rooms: 3
size: 657 sq ft
sale price: £279,000
sale date: 8 Oct 2019
rooms: 3
size: 581 sq ft
sale price: £252,200
sale date: 29 Jun 2018

Data Sources

The property at 1 Credo Way, Grays, RM20 3JE appears three times in the Land Registry records, with the latest transaction recorded on 26 Sep 2016. It also has two Energy Performance Certificates (EPC) entries, the earliest dating back to 9 Aug 2016. We use this data, to estimate the property's characteristics and current market value.

This website uses public sector information from:

These datasets are licensed under the Open Government Licence v3.0.
This website is not affiliated with or endorsed by HM Land Registry or DLUHC.


Disclaimer: StreetScan.co.uk makes all reasonable efforts to ensure the information provided on this website is current and accurate; however, no warranties or representations are made as to its completeness or accuracy. StreetScan.co.uk expressly disclaims any and all liability for any loss, damage, or expense arising directly or indirectly from the use of, or reliance upon, such information.