50 Furness Close, Grays, RM16 4JB is a freehold terraced property built between 1983-1990. The property offers approximately 883 square feet of living space. In this location, properties of similar size usually have three bedrooms.

The estimated current market value of the property is £322,246 , which equates to approximately £365 per square foot. It was last sold on 13 Jun 2016 for £245,000. Since then, the value has increased by £77,246, representing a 31.5% increase, or approximately 3.3% per year.

The current estimated value of £322,246 is:

  • 7.8% lower than the average property price on Furness Close
  • 3.4% higher than the average in the RM16 4JB postcode area
  • and 12.0% higher than the average price for Grays as a whole

At the most recent EPC inspection on 7 April 2009, the property was recorded as owner-occupied.

View sold house prices in RM16 4JB

Building approximate location

About Property

Type
Terraced House
Built
1983-1990
Interior Size
883 sq ft
Tenure
Freehold
Price (estimate)
£322,246
Price Per sq ft (estimate)
£365
Bedroom Count (estimate)
3 bedrooms

EPC Summary

50 Furness Close, Grays, Thurrock, Essex, RM16 4JB has an Energy Performance Certificate (EPC) rating of D, based on the latest assessment carried out on 24 Jun 2019.

This property has a heating system that uses warm air distribution, powered by mains gas. A gas multipoint water heater is used to provide hot water. The windows are fully double glazed.

The previous EPC assessment was conducted on 7 Apr 2009, when the property was rated C. The current rating of D reflects a decline in energy efficiency of 2.9%.

Since the previous assessment, several changes were observed:

  • The wall construction or insulation changed from cavity wall, as built, partial insulation (assumed) to cavity wall, as built, insulated (assumed), improving energy efficiency from average to good.
  • The lighting was updated from low energy lighting in 13% of fixed outlets to low energy lighting in all fixed outlets, with efficiency improving from poor to very good.
Heating Type
Warm air, mains gas
Good
Hot Water
Gas multipoint
Average
Roof
Pitched, 75 mm loft insulation
Average
Walls
Cavity wall, as built, insulated (assumed)
Good
Windows
Fully double glazed
Average
Lighting
Low energy lighting in all fixed outlets
Very Good

Compared to RM16 4JB

23 rd / 48
Price Rank
3% higher than average
11 th / 38
Size Rank
19% bigger than average
32 nd / 38
Price Per Sq FT Rank
13% lower than average

Compared to other properties in RM16 4JB , this house's estimated value ranks 23th out of 48. Based on price per square foot, it ranks 32th out of 38 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 11th out of 38 properties in its postcode area.

Sale History

Today
£322,246
streetscan.co.uk estimate
+32 %
13 Jun 2016
£245,000
Leasehold
+59.1 %
9 Feb 2010
£154,000
Leasehold

Area Insights

Similar Properties Sold Nearby

rooms: 6
size: 861 sq ft
sale price: £350,000
sale date: 29 Apr 2022
rooms: 5
size: 805 sq ft
sale price: £305,000
sale date: 3 Mar 2020
rooms: 4
size: 753 sq ft
sale price: £283,000
sale date: 4 Feb 2020
rooms: 5
size: 893 sq ft
sale price: £185,000
sale date: 20 Aug 2014
rooms: 5
size: 947 sq ft
sale price: £185,000
sale date: 20 Aug 2014

Data Sources

The property at 50 Furness Close, Grays, RM16 4JB appears two times in the Land Registry records, with the latest transaction recorded on 13 Jun 2016. It also has two Energy Performance Certificates (EPC) entries, the earliest dating back to 24 Jun 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.