3, Priestley Court Palmers Drive, Grays, RM17 5RX is a leasehold flat built between 1967-1975. The property offers approximately 538 square feet of living space. In this location, apartments of similar size usually have one bedroom.

The estimated current market value of the property is £192,947 , which equates to approximately £359 per square foot. It was last sold on 14 Sep 2023 for £197,000. Since then, the value has decreased by £4,053, representing a 2.1% decrease, or approximately 0.9% per year.

The current estimated value of £192,947 is:

  • 20.0% lower than the average property price on Palmers Drive
  • 7.8% higher than the average in the RM17 5RX postcode area
  • and 47.9% 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 22 August 2023, the property was recorded as rented.

View sold house prices in RM17 5RX

Building approximate location

About Property

Type
Flat
Built
1967-1975
Interior Size
538 sq ft
Tenure
Leasehold
Price (estimate)
£192,947
Price Per sq ft (estimate)
£359
Bedroom Count (estimate)
1 bedroom

EPC Summary

3, Priestley Court Palmers Drive, Grays, Thurrock, RM17 5RX has an Energy Performance Certificate (EPC) rating of C, based on the latest assessment carried out on 22 Aug 2023.

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 7 May 2009. The rating of C remains the same, but the energy efficiency score improved by 4.3%.

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 hot water energy efficiency improving from poor to average, while the system remained as electric immersion, off-peak.
  • The wall construction or insulation changed from cavity wall, as built, insulated (assumed) to cavity wall, filled cavity, changing energy efficiency from good to average.
  • The lighting was updated from low energy lighting in 33% of fixed outlets to low energy lighting in 78% of fixed outlets, with efficiency improving from average to very good.
Heating Type
Electric storage heaters
Average
Hot Water
Electric immersion, off-peak
Average
Walls
Cavity wall, filled cavity
Average
Windows
Fully double glazed
Good
Lighting
Low energy lighting in 78% of fixed outlets
Very Good

Compared to RM17 5RX

4 th / 49
Price Rank
8% higher than average
7 th / 39
Size Rank
23% bigger than average
15 th / 39
Price Per Sq FT Rank
12% lower than average

Compared to other properties in RM17 5RX , this flat's estimated value ranks 4th out of 49. Based on price per square foot, it ranks 15th out of 39 properties. In terms of size, this home ranks 7th out of 39 properties in its postcode area.

Sale History

Today
£192,947
streetscan.co.uk estimate
-2 %
14 Sep 2023
£197,000
Leasehold
+19.4 %
21 Dec 2016
£165,000
Leasehold
+23.6 %
17 Jul 2009
£133,500
Leasehold
+7.7 %
16 Sep 2005
£124,000
Leasehold

Area Insights

Similar Properties Sold Nearby

rooms: 2
size: 463 sq ft
sale price: £156,750
sale date: 28 Apr 2023
rooms: 3
size: 527 sq ft
sale price: £225,000
sale date: 17 Apr 2020
rooms: 3
size: 527 sq ft
sale price: £199,995
sale date: 19 Oct 2018
rooms: 3
size: 538 sq ft
sale price: £149,995
sale date: 24 Nov 2016
rooms: 2
size: 511 sq ft
sale price: £130,000
sale date: 23 Sep 2016

Data Sources

The property at 3, Priestley Court Palmers Drive, Grays, RM17 5RX appears four times in the Land Registry records, with the latest transaction recorded on 14 Sep 2023. It also has two Energy Performance Certificates (EPC) entries, the earliest dating back to 22 Aug 2023. 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.