31 Caravel Close, Grays, RM16 6QB is a leasehold flat built between 1996-2002. The property offers approximately 527 square feet of living space and is situated on the 1st floor. In this location, apartments of similar size usually have one bedroom.

The estimated current market value of the property is £200,000 , which equates to approximately £379 per square foot. It was last sold on 23 May 2003 for £100,000. Since then, the value has increased by £100,000, representing a 100.0% increase, or approximately 4.4% per year.

The current estimated value of £200,000 is:

  • 32.8% lower than the average property price on Caravel Close
  • 32.3% lower than the average in the RM16 6QB postcode area
  • and 46.0% lower than the average price for Grays as a whole

At the most recent EPC inspection on 14 September 2021, the property was recorded as rented.

View sold house prices in RM16 6QB

Building approximate location

About Property

Type
Flat
Built
1996-2002
Interior Size
527 sq ft
Tenure
Leasehold
Floor level
1st floor
Price (estimate)
£200,000
Price Per sq ft (estimate)
£379
Bedroom Count (estimate)
1 bedroom

EPC Summary

31 Caravel Close, Grays, Thurrock, RM16 6QB has an Energy Performance Certificate (EPC) rating of D, based on the latest assessment carried out on 14 Sep 2021.

This property uses electric room 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 Jan 2010. The rating of D remains the same, but the energy efficiency score improved by 12.7%.

Since the previous assessment, several changes were observed:

  • The hot water system was changed from electric immersion, standard tariff to electric immersion, off-peak, with its energy efficiency improving from very poor to poor.
  • The roof construction or insulation changed from pitched, 200 mm loft insulation to pitched, 50 mm loft insulation, changing energy efficiency from good to poor.
  • The lighting was updated from low energy lighting in 11% of fixed outlets to low energy lighting in 83% of fixed outlets, with efficiency improving from poor to very good.
Heating Type
Room heaters, electric
Very Poor
Hot Water
Electric immersion, off-peak
Poor
Roof
Pitched, 50 mm loft insulation
Poor
Walls
Cavity wall, as built, insulated (assumed)
Good
Windows
Fully double glazed
Average
Lighting
Low energy lighting in 83% of fixed outlets
Very Good

Compared to RM16 6QB

39 th / 49
Price Rank
32% lower than average
21 st / 42
Size Rank
13% smaller than average
40 th / 42
Price Per Sq FT Rank
22% lower than average

Compared to other properties in RM16 6QB , this flat's estimated value ranks 39th out of 49. Based on price per square foot, it ranks 40th out of 42 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 21th out of 42 properties in its postcode area.

Sale History

Today
£200,000
streetscan.co.uk estimate
+100 %
23 May 2003
£100,000
Leasehold
+58.7 %
21 Nov 2000
£63,000
Leasehold
+50 %
1 Apr 1999
£42,000
Leasehold
+14.3 %
29 Jun 1995
£36,750
Leasehold
-10.4 %
29 Jun 1995
£41,000
Leasehold

Area Insights

Similar Properties Sold Nearby

11 Caravel Close, Grays, RM16 6QB
rooms: 3
size: 452 sq ft
sale price: £187,500
sale date: 12 Jul 2018
13 Caravel Close, Grays, RM16 6QB
rooms: 3
size: 463 sq ft
sale price: £185,000
sale date: 23 Jun 2017
30 Caravel Close, Grays, RM16 6QB
rooms: 3
size: 474 sq ft
sale price: £192,000
sale date: 9 Jun 2017
27 Caravel Close, Grays, RM16 6QB
rooms: 3
size: 452 sq ft
sale price: £185,000
sale date: 17 Feb 2017
21 Caravel Close, Grays, RM16 6QB
rooms: 3
size: 463 sq ft
sale price: £167,500
sale date: 10 May 2016

Data Sources

The property at 31 Caravel Close, Grays, RM16 6QB appears five times in the Land Registry records, with the latest transaction recorded on 23 May 2003. It also has two Energy Performance Certificates (EPC) entries, the earliest dating back to 14 Sep 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.
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