48 Caravel Close, Grays, RM16 6QB is a freehold terraced property built between 1991-1995. The property offers approximately 463 square feet of living space. In this location, properties of similar size usually have one bedroom.

The estimated current market value of the property is £261,497 , which equates to approximately £565 per square foot. It was last sold on 23 Aug 2024 for £258,000. Since then, the value has increased by £3,497, representing a 1.4% increase, or approximately 1.1% per year.

The current estimated value of £261,497 is:

  • 12.1% lower than the average property price on Caravel Close
  • 11.4% lower than the average in the RM16 6QB postcode area
  • and 29.4% 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 March 2024, the property was recorded as owner-occupied.

View sold house prices in RM16 6QB

Building approximate location

About Property

Type
Terraced House
Built
1991-1995
Interior Size
463 sq ft
Tenure
Freehold
Price (estimate)
£261,497
Price Per sq ft (estimate)
£565
Bedroom Count (estimate)
1 bedroom

EPC Summary

48 Caravel Close, Grays, Thurrock, RM16 6QB has an Energy Performance Certificate (EPC) rating of C, based on the latest assessment carried out on 1 Mar 2024.

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 main heating system. The windows are fully double glazed.

The previous EPC assessment was conducted on 6 Mar 2014, when the property was rated D. Since then, the rating has improved to C, with the energy efficiency score increasing by 16.1%.

Since the previous assessment, several changes were observed:

  • The heating system was upgraded from electric storage heaters to boiler and radiators, mains gas, improving energy efficiency from average to good.
  • The hot water system was changed from electric immersion, off-peak to from main system, with its energy efficiency improving from average to good.
  • The roof construction or insulation changed from pitched, 50 mm loft insulation to pitched, 150 mm loft insulation, improving energy efficiency from poor to good.
  • The wall construction or insulation changed from timber frame, as built, insulated (assumed) to cavity wall, as built, insulated (assumed), with no change in energy efficiency (good).
  • The lighting was updated from low energy lighting in 25% of fixed outlets to low energy lighting in all fixed outlets, with efficiency improving from average to very good.
Heating Type
Boiler and radiators, mains gas
Good
Hot Water
From main system
Good
Roof
Pitched, 150 mm loft insulation
Good
Walls
Cavity wall, as built, insulated (assumed)
Good
Windows
Fully double glazed
Good
Lighting
Low energy lighting in all fixed outlets
Very Good

Compared to RM16 6QB

29 th / 49
Price Rank
11% lower than average
29 th / 42
Size Rank
24% smaller than average
16 th / 42
Price Per Sq FT Rank
16% higher than average

Compared to other properties in RM16 6QB , this house's estimated value ranks 29th out of 49. Based on price per square foot, it ranks 16th out of 42 properties. In terms of size, this home ranks 29th out of 42 properties in its postcode area.

Sale History

Today
£261,497
streetscan.co.uk estimate
+1 %
23 Aug 2024
£258,000
Leasehold
+94 %
9 May 2014
£133,000
Leasehold
+114.5 %
6 Jul 2001
£62,000
Leasehold

Area Insights

Similar Properties Sold Nearby

23 Caravel Close, Grays, RM16 6QB
rooms: 2
size: 527 sq ft
sale price: £178,000
sale date: 14 Mar 2023
46 Caravel Close, Grays, RM16 6QB
rooms: 2
size: 431 sq ft
sale price: £213,000
sale date: 18 Feb 2019
10 Caravel Close, Grays, RM16 6QB
rooms: 3
size: 452 sq ft
sale price: £120,000
sale date: 17 Mar 2010

Data Sources

The property at 48 Caravel Close, Grays, RM16 6QB appears three times in the Land Registry records, with the latest transaction recorded on 23 Aug 2024. It also has two Energy Performance Certificates (EPC) entries, the earliest dating back to 1 Mar 2024. 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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