# 123 CASPIAN WAY, PURFLEET-ON-THAMES, THURROCK, RM19 1LA

## Property details

- Slug: `38bc3d3` (address key hash: `38bc3d3822abf57c6cab783393cfa37e992e2de0`)
- Postcode: RM19 1LA
- Transactions on record: 1

- Tenure: Leasehold
- Property type: Flat
- Floor area: 62 m²
- EPC rating: C
- Year built: England and Wales: 2003-2006
- Last sold: £223,000 Jan 2026
- Price per m²: £3,597/m²
- Local average: £194,944 (9 sales)
- Street crime: 45 incidents within 1 mile (Apr 2026)

## Latest sale

- Price: £223,000
- Date: 2026-01-23
- Type: F
- Tenure: L

## EPC Rating & Upgrade Cost

- **Current rating:** C
- **Potential rating:** B
- **Expiry date:** 23/05/2035
- **Current heating cost:** £469/year
- **Est. upgrade cost to C:** £2,155

### Recommendations
- L2 (£1,200 - £1,800)
- Y (£585 - £725)

[View full EPC on gov.uk](https://find-energy-certificate.service.gov.uk/energy-certificate/6535-9725-0500-0464-0222)

## Price history

| Event | Date | Price | Type | % change | Today’s value (HPI) | Transaction |
|-------|------|-------|------|--------|---------------------|-------------|
| Sold | 2026-01-23 | £223,000 | Flat | — | £217,342 (to March 2026) | [View](http://87.117.209.195:8080/house-prices/49e87c31-db33-591c-e063-4704a8c00c31) |

*Today’s value (HPI): adjusted using published house price index trends for the area and property type; not a valuation of the property today.*

## Sales History

*Recorded sales for this property. Data from Land Registry Price Paid.*

| Address | Price | Date | Type |
|---------|-------|------|------|
| 123 CASPIAN WAY, PURFLEET-ON-THAMES, THURROCK, RM19 1LA | £223,000 | 23/01/2026 | Flat |

## Sold Comparables

*Same street and nearby sales within 0.25 miles. Data from Land Registry Price Paid. Last 5 years.*

| Address | Price | Date | Type |
|---------|-------|------|------|
| 26 CASPIAN WAY, PURFLEET-ON-THAMES, THURROCK, RM19 1LE | £238,000 | 25/07/2025 | Flat |
| 198 CASPIAN WAY, PURFLEET-ON-THAMES, THURROCK, RM19 1LF | £168,000 | 30/10/2023 | Flat |
| 98 CASPIAN WAY, PURFLEET-ON-THAMES, THURROCK, RM19 1LE | £224,000 | 27/10/2023 | Flat |
| 93 CASPIAN WAY, PURFLEET-ON-THAMES, THURROCK, RM19 1LA | £185,000 | 17/02/2023 | Flat |
| 77 CASPIAN WAY, PURFLEET-ON-THAMES, THURROCK, RM19 1LA | £227,600 | 25/11/2022 | Flat |
| 225 CASPIAN WAY, PURFLEET-ON-THAMES, THURROCK, RM19 1LB | £96,000 | 21/10/2022 | Flat |
| 201 CASPIAN WAY, PURFLEET-ON-THAMES, THURROCK, RM19 1LB | £177,000 | 06/10/2022 | Flat |
| 323 CASPIAN WAY, PURFLEET-ON-THAMES, THURROCK, RM19 1LB | £227,000 | 30/09/2022 | Flat |
| 191 CASPIAN WAY, PURFLEET-ON-THAMES, THURROCK, RM19 1LA | £84,000 | 17/08/2022 | Flat |
| 231 CASPIAN WAY, PURFLEET-ON-THAMES, THURROCK, RM19 1LB | £240,000 | 15/08/2022 | Flat |
| 43 CASPIAN CLOSE, PURFLEET-ON-THAMES, THURROCK, RM19 1LG | £230,000 | 19/07/2022 | Flat |
| 75 CASPIAN WAY, PURFLEET-ON-THAMES, THURROCK, RM19 1LA | £175,000 | 31/05/2022 | Flat |
| 16 CHIEFTAN DRIVE, PURFLEET-ON-THAMES, THURROCK, RM19 1PN | £225,000 | 21/03/2022 | Flat |
| 133 CASPIAN WAY, PURFLEET-ON-THAMES, THURROCK, RM19 1LA | £240,000 | 18/03/2022 | Flat |
| 196 CASPIAN WAY, PURFLEET-ON-THAMES, THURROCK, RM19 1LF | £240,000 | 25/02/2022 | Flat |
| 159 CASPIAN WAY, PURFLEET-ON-THAMES, THURROCK, RM19 1LA | £223,500 | 22/12/2021 | Flat |
| 317 CASPIAN WAY, PURFLEET-ON-THAMES, THURROCK, RM19 1LB | £212,000 | 17/12/2021 | Flat |
| 60 CASPIAN WAY, PURFLEET-ON-THAMES, THURROCK, RM19 1LE | £217,000 | 08/12/2021 | Flat |
| 108 CASPIAN WAY, PURFLEET-ON-THAMES, THURROCK, RM19 1LE | £150,000 | 22/11/2021 | Flat |
| 108 CASPIAN WAY, PURFLEET-ON-THAMES, THURROCK, RM19 1LE | £150,000 | 22/11/2021 | Flat |

**Area average:** £196,455 (20 sales)

## Capital growth trend

*Land Registry outcode average from sold prices: last 12 months vs 5y and 10y ago.*

- **5y growth:** 4.7%
- **10y growth:** 8.8%

## House Price Index (HM Land Registry)

*Official index for Thurrock; Flats and maisonettes series; as of March 2026.*

- **1y growth (index):** -4.1%
- **5y growth (index):** 1.8%
- **10y growth (index):** 18.5%

## Rental Range

*ONS Price Index of Private Rents (Thurrock). Low / Realistic / Optimistic = conservative / average / best case.*

- **Low:** £1,220/mo
- **Realistic:** £1,355/mo
- **Optimistic:** £1,491/mo

## LHA (Local Housing Allowance)

*VOA 30th percentile rent floor for South West Essex (Apr 2025 – Mar 2026).*

## Rental Comparables

*Residential lets from OpenRent and Rightmove for the area. Bedroom counts vary — use the Beds column to compare like-for-like lets. Student lets are excluded.*

| Title | Rent | Beds | Distance | As seen on |
|------|------|------|------|------|
| 1 Bed Flat, Caspian Way, RM19 | £1,250/mo | 1 | 0.03 miles | OpenRent |
| 2 Bed Flat, Caspian Close, RM19 | £1,400/mo | 2 | 0.04 miles | OpenRent |
| 3 Bed Terraced House, Caspian Way, RM19 | £1,950/mo | 3 | 0.12 miles | OpenRent |
| 3 Bed End Terrace, Fanns Rise, RM19 | £1,800/mo | 3 | 0.16 miles | OpenRent |
| 3 Bed Semi-Detached House, Thamley, RM19 | £1,950/mo | 3 | 0.16 miles | OpenRent |
| 2 Bed Terraced House, Long Court, RM19 | £1,500/mo | 2 | 0.16 miles | OpenRent |
| 3 Bed Terraced House, Church Hollow, RM19 | £1,980/mo | 3 | 0.17 miles | OpenRent |
| 2 Bed Terraced House, Water Lane, RM19 | £1,400/mo | 2 | 0.18 miles | OpenRent |
| 3 Bed Maisonette, Chieftan Drive, RM19 | £1,575/mo | 3 | 0.19 miles | OpenRent |
| 1 Bed Semi-Detached House, Water Lane, RM19 | £1,450/mo | 1 | 0.25 miles | OpenRent |
| 1 Bed Flat, The Old Police House, RM15 | £1,200/mo | 1 | 1.16 miles | OpenRent |

**Average rent: £1,587/mo (11 listings)**

## 1% Rule

- **Rent ratio:** 0.67% (weak for cashflow)
- **Max investor price (0.8%):** £187,500
- **Target investor price (1%):** £150,000

*Monthly rent ÷ price. 1%+ = strong, 0.8–1% = okay, <0.8% = weak. Max investor price = rent ÷ 0.8% (Stoke-style target). Target investor price = rent ÷ 1% (strong cashflow band). Based on OpenRent comparables.*

## Rent-driven metrics

- **This street:** 8.9% gross yield (avg £215,092 sale, £1,600/mo rent)
*Based on OpenRent comparables (median £1,500/mo).*

- **Gross yield:** 8.1%
- **Cost-to-rent:** 12.4×
- **Monthly cashflow:** £447/mo (75% LTV, 3.95% APR (5yr fixed), 25yr term)
- **Cash-on-cash ROI:** 8.3%

*Gross yield = annual rent as % of price (no costs). Cost-to-rent = price ÷ annual rent (from OpenRent comparables); under 14× = strong, 14–16× = acceptable, 17×+ = compressed. Cashflow = rent − mortgage − 10% maintenance − £25/mo compliance; assumes 75% LTV, 3.95% APR (5yr fixed), 25yr term. ROI = annual profit ÷ cash in (deposit + 4% purchase costs).*

## Flood risk

- **Zone:** 1
- **Risk:** Low
- **Source:** Not in Flood Risk Area (no data)

[Check long-term flood risk (GOV.UK)](https://check-long-term-flood-risk.service.gov.uk/postcode)

## Street-level crime

| Category | Count |
|----------|-------|
| Violence and sexual offences | 23 |
| Vehicle crime | 11 |
| Criminal damage and arson | 4 |
| Public order | 3 |
| Anti-social behaviour | 2 |
| Burglary | 1 |
| Drugs | 1 |
| **Total incidents** | **45** |

*Within 1 mile during Apr 2026. Source: data.police.uk (England & Wales).*

## Schools nearby

*Nearest open schools with Ofsted ratings (England). Closed schools are not shown.*

| Name | Type | Distance | Ofsted |
|------|------|----------|--------|
| Purfleet Primary Academy | Primary | 0.1 miles | Good — 17 Nov 2016 |
| Harris Academy Riverside | Secondary | 0.4 miles | Good — 11 May 2022 |
| Aveley Primary School | Primary | 1.5 miles | Good — 27 Jul 2023 |
| Dartford Bridge Community Primary School | Primary | 1.6 miles | Good — 24 Apr 2024 |
| Ormiston Park Academy | Secondary | 1.6 miles | Requires improvement — 10 Jul 2024 |