23 Caravel Close, Grays, RM16 6QB is a leasehold terraced property built between 1983-1990. The property offers approximately 527 square feet of living space and is situated on the 1st floor. In this location, properties of similar size usually have one bedroom.

The estimated current market value of the property is £174,411 , which equates to approximately £331 per square foot. It was last sold on 14 Mar 2023 for £178,000. Since then, the value has decreased by £3,589, representing a 2.0% decrease, or approximately 0.7% per year.

The current estimated value of £174,411 is:

  • 41.4% lower than the average property price on Caravel Close
  • 40.9% lower than the average in the RM16 6QB postcode area
  • and 52.9% lower than the average price for Grays as a whole

This property has had 2 EPC inspections with recorded tenure information. It was recorded once as rented and once as owner-occupied, indicating a change in how it was used over time.

At the most recent EPC inspection on 24 November 2021, the property was recorded as rented.

View sold house prices in RM16 6QB

Building approximate location

About Property

Type
Flat
Built
1983-1990
Interior Size
527 sq ft
Tenure
Leasehold
Floor level
1st floor
Price (estimate)
£174,411
Price Per sq ft (estimate)
£331
Bedroom Count (estimate)
1 bedroom

EPC Summary

23 Caravel Close, Grays, Thurrock, RM16 6QB has an Energy Performance Certificate (EPC) rating of C, based on the latest assessment carried out on 24 Nov 2021.

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 3 Mar 2010, and the property received the same rating of C with an unchanged energy efficiency score of 69.

Since the previous assessment, several changes were observed:

  • The main heating energy efficiency improving from poor to average, while the heating system type remained the same (electric storage heaters).
  • The lighting was updated from no low energy lighting to low energy lighting in all fixed outlets, with efficiency improving from very poor to very good.
Heating Type
Electric storage heaters
Average
Hot Water
Electric immersion, off-peak
Average
Roof
Pitched, 150 mm loft insulation
Good
Walls
Cavity wall, as built, insulated (assumed)
Good
Windows
Fully double glazed
Average
Lighting
Low energy lighting in all fixed outlets
Very Good

Compared to RM16 6QB

28 th / 49
Price Rank
41% lower than average
22 nd / 42
Size Rank
13% smaller than average
26 th / 42
Price Per Sq FT Rank
32% lower than average

Compared to other properties in RM16 6QB , this flat's estimated value ranks 28th out of 49. Based on price per square foot, it ranks 26th out of 42 properties. In terms of size, this home ranks 22th out of 42 properties in its postcode area.

Sale History

Today
£174,411
streetscan.co.uk estimate
-2 %
14 Mar 2023
£178,000
Leasehold
+47.1 %
16 Aug 2011
£121,000
Leasehold
+5.7 %
27 May 2004
£114,500
Leasehold
+50.7 %
29 Oct 2001
£76,000
Leasehold
+65.2 %
27 Apr 1998
£46,000
Leasehold
+28.5 %
30 Nov 1995
£35,800
Leasehold

Area Insights

Similar Properties Sold Nearby

rooms: 2
size: 463 sq ft
sale price: £258,000
sale date: 23 Aug 2024
rooms: 3
size: 452 sq ft
sale price: £120,000
sale date: 17 Mar 2010
rooms: 3
size: 560 sq ft
sale price: £109,995
sale date: 30 Jan 2003

Data Sources

The property at 23 Caravel Close, Grays, RM16 6QB appears six times in the Land Registry records, with the latest transaction recorded on 14 Mar 2023. It also has two Energy Performance Certificates (EPC) entries, the earliest dating back to 24 Nov 2021. 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.