5, ALBERT CLOSE, GRAYS, RM16 2RB - £435,000

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.

5 ALBERT CLOSE is a small detached house of 87m², built sometime between 1983 and 1990, which could now be worth an estimated £438,962. It was last sold for £435,000 in August 2022, which was around 28% below the average August 2022 detached price in the Thurrock local authority area. The most recent EPC inspection was November 2015, where the current energy rating was C, and the potential energy rating was B.

5 ALBERT CLOSE Sold Prices

Land registry data shows one sale for 5 ALBERT CLOSE since 1^st January 1995. The below table shows the price paid for the one sale, along with the average 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
2022 5 AUG	£435,000	£606,472	28% below HPI

What might 5 ALBERT CLOSE be worth now?

5 ALBERT CLOSE might now be worth an estimated £438,962.

This is based on house price inflation of 0.9%, between August 2022 and April 2026, for 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 0.9% inflationary increase is applied to the most recent sale price for 5 ALBERT CLOSE of £435,000 on 5th August 2022. For the value to have increased from £435,000 to £438,962 over the four years and four months to April 2026, the following assumptions must hold true:

• The value of 5 ALBERT CLOSE has moved in line with the HPI for detached houses in the Thurrock local authority area.
• The August 2022 sale price of £435,000 represented a fair market value for the property.
• The size, condition, and specification of 5 ALBERT CLOSE has not materially changed since August 2022.

How Large is 5 ALBERT CLOSE?

5 ALBERT CLOSE is 87m² according to the EPC inspection conducted in November 2015. This puts it in the smallest 30% of detached houses in Grays, based on EPC data. The below chart shows the distribution of detached houses by size in Grays, and where 5 ALBERT CLOSE lies on this distribution: 22% of detached houses are smaller than 5 ALBERT CLOSE, and 76% of detached houses are larger. Note that EPC data is not available for all properties in Grays.

5 ALBERT CLOSE: Plot

5 ALBERT CLOSE sits on a plot of roughly 0.045 of an acre, or 184m².

Where is 5 ALBERT CLOSE?

5 ALBERT CLOSE is located in GRAYS, in the RM16 postcode district.