40, Priestley Court Palmers Drive, Grays, RM17 5RX is a leasehold flat built between 1967-1975. The property offers approximately 420 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 £187,098 , which equates to approximately £446 per square foot. It was last sold on 6 Nov 2019 for £170,000. Since then, the value has increased by £17,098, representing a 10.1% increase, or approximately 1.6% per year.

The current estimated value of £187,098 is:

  • 22.4% lower than the average property price on Palmers Drive
  • 4.6% higher than the average in the RM17 5RX postcode area
  • and 49.5% lower 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 1 May 2019, the property was recorded as owner-occupied.

View sold house prices in RM17 5RX

Building approximate location

About Property

Type
Flat
Built
1967-1975
Interior Size
420 sq ft
Tenure
Leasehold
Floor level
1st floor
Price (estimate)
£187,098
Price Per sq ft (estimate)
£446
Bedroom Count (estimate)
1 bedroom

EPC Summary

40, Priestley Court Palmers Drive, Grays, Thurrock, RM17 5RX has an Energy Performance Certificate (EPC) rating of D, based on the latest assessment carried out on 1 May 2019.

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 15 Mar 2010, when the property was rated C. The current rating of D reflects a decline in energy efficiency of 14.7%.

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 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, no insulation (assumed), changing energy efficiency from good to poor.
Heating Type
Electric storage heaters
Average
Hot Water
Electric immersion, off-peak
Average
Roof
Pitched, 100 mm loft insulation
Average
Walls
Cavity wall, as built, no insulation (assumed)
Poor
Windows
Fully double glazed
Average
Lighting
No low energy lighting
Very Poor

Compared to RM17 5RX

21 st / 49
Price Rank
5% higher than average
31 st / 39
Size Rank
4% smaller than average
12 th / 39
Price Per Sq FT Rank
9% higher than average

Compared to other properties in RM17 5RX , this flat's estimated value ranks 21th out of 49. Based on price per square foot, it ranks 12th out of 39 properties. This suggests a relatively high price per square foot, which may reflect quality, location, or recent upgrades. In terms of size, this home ranks 31th out of 39 properties in its postcode area.

Sale History

Today
£187,098
streetscan.co.uk estimate
+10 %
6 Nov 2019
£170,000
Leasehold
+44.1 %
26 Aug 2010
£118,000
Leasehold
+21 %
20 Apr 2006
£97,500
Leasehold

Area Insights

Similar Properties Sold Nearby

rooms: 2
size: 420 sq ft
sale price: £130,000
sale date: 31 Mar 2025
rooms: 2
size: 431 sq ft
sale price: £142,500
sale date: 12 Aug 2024
rooms: 2
size: 420 sq ft
sale price: £130,000
sale date: 15 Jul 2024
rooms: 2
size: 420 sq ft
sale price: £165,000
sale date: 23 Jan 2024
rooms: 2
size: 431 sq ft
sale price: £165,000
sale date: 23 Nov 2023

Data Sources

The property at 40, Priestley Court Palmers Drive, Grays, RM17 5RX appears three times in the Land Registry records, with the latest transaction recorded on 6 Nov 2019. It also has two Energy Performance Certificates (EPC) entries, the earliest dating back to 1 May 2019. 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.