4, CRAFTSMAN CLOSE, GRAYS, RM16 2FB - £480,000

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.

4 CRAFTSMAN CLOSE is a very large semi-detached house of 139m², built in 2018, which could now be worth an estimated £601,352. It was last sold for £480,000 in May 2018, which was around 48% above the average May 2018 semi-detached price in the Thurrock local authority area. The most recent EPC inspection was January 2018, where the current energy rating was B, and the potential energy rating was A.

4 CRAFTSMAN CLOSE Sold Prices

Land registry data shows one sale for 4 CRAFTSMAN CLOSE since 1^st January 1995. The below table shows the price paid for the one sale, along with the average semi-detached price in the Thurrock local authority area for the corresponding sale date. The average price is sourced from the Office for National Statistics' House Price Index (HPI).

Date	Price	HPI Price	Variation from HPI
2018 15 MAY	£480,000	£325,268	48% above HPI

What might 4 CRAFTSMAN CLOSE be worth now?

4 CRAFTSMAN CLOSE might now be worth an estimated £601,352.

This is based on house price inflation of 25.3%, between May 2018 and May 2026, for semi-detached 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 25.3% inflationary increase is applied to the most recent sale price for 4 CRAFTSMAN CLOSE of £480,000 on 15th May 2018. For the value to have increased from £480,000 to £601,352 over the eight years to May 2026, the following assumptions must hold true:

• The value of 4 CRAFTSMAN CLOSE has moved in line with the HPI for semi-detached houses in the Thurrock local authority area.
• The May 2018 sale price of £480,000 represented a fair market value for the property.
• The size, condition, and specification of 4 CRAFTSMAN CLOSE has not materially changed since May 2018.

How Large is 4 CRAFTSMAN CLOSE?

4 CRAFTSMAN CLOSE is 139m² according to the EPC inspection conducted in January 2018. This puts it in the largest 10% of semi-detached houses in Grays, based on EPC data. The below chart shows the distribution of semi-detached houses by size in Grays, and where 4 CRAFTSMAN CLOSE lies on this distribution: 94% of semi-detached houses are smaller than 4 CRAFTSMAN CLOSE, and 6% of semi-detached houses are larger. Note that EPC data is not available for all properties in Grays.

4 CRAFTSMAN CLOSE: Plot

4 CRAFTSMAN CLOSE sits on a plot of roughly 0.051 of an acre, or 206m².

Where is 4 CRAFTSMAN CLOSE?

4 CRAFTSMAN CLOSE is located in GRAYS, in the RM16 postcode district.