4 Rainbow Road, Chafford Hundred, Grays, RM16 6NG is a freehold detached property built between 1991-1995. The property offers approximately 1,259 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 £625,051 , which equates to approximately £496 per square foot. It was last sold on 27 Mar 2015 for £390,000. Since then, the value has increased by £235,051, representing a 60.3% increase, or approximately 5.6% per year.

The current estimated value of £625,051 is:

  • 27.3% higher than the average property price on Rainbow Road
  • 37.1% higher than the average in the RM16 6NG postcode area
  • and 68.8% 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 4 June 2016, the property was recorded as owner-occupied.

View sold house prices in RM16 6NG

Building approximate location

About Property

Type
Detached House
Built
1991-1995
Interior Size
1259 sq ft
Tenure
Freehold
Price (estimate)
£625,051
Price Per sq ft (estimate)
£496
Bedroom Count (estimate)
4 bedrooms

EPC Summary

4 Rainbow Road, Chafford Hundred, Grays, Thurrock, RM16 6NG has an Energy Performance Certificate (EPC) rating of D, based on the latest assessment carried out on 4 Jun 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 the main heating system, though the cylinder has no thermostat. The windows are fully double glazed.

The previous EPC assessment was conducted on 22 Sep 2014. The rating of D is unchanged, though the energy efficiency score decreased by 7.8%.

Since the previous assessment, several changes were observed:

  • The hot water system was changed from from main system to from main system, no cylinder thermostat, with its energy efficiency changing from good to average.
  • The roof construction or insulation changed from pitched, 200 mm loft insulation to pitched, 100 mm loft insulation, changing energy efficiency from good to average.
  • The wall construction or insulation changed from cavity wall, as built, insulated (assumed) to cavity wall, as built, partial insulation (assumed), changing energy efficiency from good to average.
  • The lighting was updated from low energy lighting in 53% of fixed outlets to no low energy lighting, with efficiency changing from good to very poor.
Heating Type
Boiler and radiators, mains gas
Good
Hot Water
From main system, no cylinder thermostat
Average
Roof
Pitched, 100 mm loft insulation
Average
Walls
Cavity wall, as built, partial insulation (assumed)
Average
Windows
Fully double glazed
Average
Lighting
No low energy lighting
Very Poor

Compared to RM16 6NG

5 th / 21
Price Rank
37% higher than average
3 rd / 16
Size Rank
46% bigger than average
15 th / 16
Price Per Sq FT Rank
6% lower than average

Compared to other properties in RM16 6NG , this house's estimated value ranks 5th out of 21. Based on price per square foot, it ranks 15th 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 3rd out of 16 properties in its postcode area.

Sale History

Today
£625,051
streetscan.co.uk estimate
+60 %
27 Mar 2015
£390,000
Leasehold
+143.8 %
29 Mar 1999
£160,000
Leasehold

Area Insights

Similar Properties Sold Nearby

rooms: 5
size: 1119 sq ft
sale price: £550,000
sale date: 16 Oct 2018
rooms: 7
size: 1152 sq ft
sale price: £468,000
sale date: 2 Jun 2017
rooms: 7
size: 1408 sq ft
sale price: £377,500
sale date: 3 Oct 2011

Data Sources

The property at 4 Rainbow Road, Chafford Hundred, Grays, RM16 6NG appears two times in the Land Registry records, with the latest transaction recorded on 27 Mar 2015. It also has two Energy Performance Certificates (EPC) entries, the earliest dating back to 4 Jun 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.