12, PALMERS DRIVE, GRAYS, RM17 5RA - £360,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

12 PALMERS DRIVE is a midsized terraced house of 108m², built sometime between 1983 and 1990, which could now be worth an estimated £357,280. It was last sold for £360,000 in December 2024, which was around 12% above the average December 2024 terraced price in the Thurrock local authority area. The most recent EPC inspection was June 2021, where the current energy rating was C, and the potential energy rating was B.

12 PALMERS DRIVE Sold Prices

Land registry data shows three sales for 12 PALMERS DRIVE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average terraced price in the Thurrock local authority area for the corresponding sale date. All of the three 12 PALMERS DRIVE sales were for above the average price. The average price is sourced from the Office for National Statistics' House Price Index (HPI).

Date	Price	HPI Price	Variation from HPI
2024 3 DEC	£360,000	£321,918	12% above HPI
2009 28 MAY	£174,500	£146,885	19% above HPI
2002 27 SEP	£162,000	£103,273	57% above HPI

12 PALMERS DRIVE Price Paid vs. HPI Average

The below graph shows the average terraced house price in the Thurrock local authority area over time, sourced from the HPI. The three 12 PALMERS DRIVE sales between September 2002 and December 2024 have been plotted on the graph. A line has been extrapolated to show what the value of the property might have been over time, following each sale, had it maintained the same margin above or below the HPI (as a percentage). For example, the May 2009 sale was for 19% above the HPI. So the extrapolation line tracks at 19% above the HPI over time, until the December 2024 sale, where it falls to 12% above the HPI. The line then continues to track at 12% above the HPI.

What might 12 PALMERS DRIVE be worth now?

12 PALMERS DRIVE might now be worth an estimated £357,280.

This is based on house price deflation of 0.8%, between December 2024 and July 2025, for terraced houses, in the Thurrock local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 0.8% deflationary decrease is applied to the most recent sale price for 12 PALMERS DRIVE of £360,000 on 3rd December 2024. For the value to have decreased from £360,000 to £357,280 over the one year and five months to July 2025, the following assumptions must hold true:

• The value of 12 PALMERS DRIVE has moved in line with the HPI for terraced houses in the Thurrock local authority area.
• The December 2024 sale price of £360,000 represented a fair market value for the property.
• The size, condition, and specification of 12 PALMERS DRIVE has not materially changed since December 2024.

How Large is 12 PALMERS DRIVE?

12 PALMERS DRIVE is 108m² according to the EPC inspection conducted in June 2021. This puts it in the largest 50% of terraced houses houses in Grays, based on EPC data. The below chart shows the distribution of terraced houses houses by size in Grays, and where 12 PALMERS DRIVE lies on this distribution: 52% of terraced houses houses are smaller than 12 PALMERS DRIVE, and 47% of houses are larger. Note that EPC data is not available for all properties in Grays.

12 PALMERS DRIVE: Plot and Title Map

12 PALMERS DRIVE sits on a plot of roughly 0.076 of an acre, or 308m². The below map shows the location of 12 PALMERS DRIVE, an approximate outline of the building(s), and the indicative extent of the property. The plot extent is a Land Registry INSPIRE Index Polygon, and it is important to note that a title may include more than one polygon, whereas only one polygon is shown on the map (the polygon which intersects with the position of 12 PALMERS DRIVE). The full extent of the land contained in any registered title can only be identified from the individual title plan. The maps on this page should not be relied upon to establish the extent of a title.

Where is 12 PALMERS DRIVE?

12 PALMERS DRIVE is located in GRAYS, in the RM17 postcode district. The below map shows the position of No. 12 on PALMERS DRIVE.