2 Rainbow Road, Chafford Hundred, Grays, RM16 6NG is a freehold detached property built between 1996-2002. The property offers approximately 1,152 square feet of living space. In this location, properties of similar size usually have four bedrooms.

The estimated current market value of the property is £590,114 , which equates to approximately £512 per square foot. It was last sold on 2 Jun 2017 for £468,000. Since then, the value has increased by £122,114, representing a 26.1% increase, or approximately 3.1% per year.

The current estimated value of £590,114 is:

  • 20.2% higher than the average property price on Rainbow Road
  • 29.4% higher than the average in the RM16 6NG postcode area
  • and 59.3% higher 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 16 November 2016, the property was recorded as owner-occupied.

View sold house prices in RM16 6NG

Building approximate location

About Property

Type
Detached House
Built
1996-2002
Interior Size
1152 sq ft
Tenure
Freehold
Price (estimate)
£590,114
Price Per sq ft (estimate)
£512
Bedroom Count (estimate)
4 bedrooms

EPC Summary

2 Rainbow Road, Chafford Hundred, Grays, Thurrock, RM16 6NG has an Energy Performance Certificate (EPC) rating of C, based on the latest assessment carried out on 16 Nov 2016.

This property uses a gas-fired boiler and radiators, connected to the mains gas supply, as its main heating source. Hot water is provided from main heating system. The windows are fully double glazed.

The previous EPC assessment was conducted on 10 May 2016, when the property was rated D. Since then, the rating has improved to C, with the energy efficiency score increasing by 6.1%.

Since the previous assessment, several changes were observed:

  • The wall construction or insulation changed from cavity wall, as built, partial insulation (assumed) to cavity wall, filled cavity, improving energy efficiency from average to good.
  • The lighting was updated from low energy lighting in all fixed outlets to low energy lighting in 50% of fixed outlets, with efficiency changing from very good to good.
Heating Type
Boiler and radiators, mains gas
Good
Hot Water
From main system
Good
Roof
Pitched, 300 mm loft insulation
Very Good
Walls
Cavity wall, filled cavity
Good
Windows
Fully double glazed
Average
Lighting
Low energy lighting in 50% of fixed outlets
Good

Compared to RM16 6NG

4 th / 21
Price Rank
29% higher than average
4 th / 16
Size Rank
34% bigger than average
12 th / 16
Price Per Sq FT Rank
3% lower than average

Compared to other properties in RM16 6NG , this house's estimated value ranks 4th out of 21. Based on price per square foot, it ranks 12th out of 16 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 4th out of 16 properties in its postcode area.

Sale History

Today
£590,114
streetscan.co.uk estimate
+26 %
2 Jun 2017
£468,000
Leasehold
+51.9 %
18 Sep 2009
£308,000
Leasehold
+100.7 %
27 Nov 1998
£153,500
Leasehold

Area Insights

Similar Properties Sold Nearby

rooms: 6
size: 1259 sq ft
sale price: £390,000
sale date: 27 Mar 2015

Data Sources

The property at 2 Rainbow Road, Chafford Hundred, Grays, RM16 6NG appears three times in the Land Registry records, with the latest transaction recorded on 2 Jun 2017. It also has two Energy Performance Certificates (EPC) entries, the earliest dating back to 16 Nov 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.