Terraced 3 sales on record

42 LONDON ROAD

GRAYS, THURROCK, RM17 5XY

£350,000

Location

Map view View on Google Maps View on OpenStreetMap Street View RM17 5XY

Nearby

Nearest stations, universities and amenities (distance from property).

Type	Name	Distance
Bus stop	Bus Station	0.1 miles
Shop	A&I Computers	0.1 miles
Train station	Grays	0.1 miles
University	University of Greenwich	3.5 miles
Hospital	Jasmine Centre	4.0 miles

Property details

Tenure

Freehold

Property type

Terraced

Floor area

96 m²

EPC rating

Year built

England and Wales: 1900-1929

Last sold

£350,000 Jan 2026

Price per m²

£3,646/m²

Local average

£322,900 (35 sales)

Street crime

310 incidents within 1 mile (May 2026)

EPC Rating & Upgrade Cost

Current rating: E

Potential rating: C

Inspection date: 02/07/2021

Expiry date: 01/07/2031

Current heating cost: £934/year

Potential heating cost: £633/year

Est. upgrade cost to C: £18,175

EPC E or below may face future regulation risk. Upgrading to C could improve long-term ROI.

Recommendations

50 mm internal or external wall insulation (£4,000 - £14,000)
Floor insulation (suspended floor) (£800 - £1,200)
Low energy lighting for all fixed outlets (£25)
Upgrade heating controls (£350 - £450)
Replace boiler with new condensing boiler (£2,200 - £3,000)
Flue gas heat recovery in conjunction with boiler (£400 - £900)
Solar photovoltaic panels, 2.5 kWp (£3,500 - £5,500)

View full EPC on gov.uk

Price history

Event	Date	Price	Type	% change	Today’s value (HPI)	Action
Sold	23/01/2026	£350,000	Terraced	+25%	£348,245 to April 2026	View transaction
Sold	27/03/2017	£279,995	Terraced	+75%	£366,916 to April 2026	View transaction
Sold	01/07/2011	£159,995	Terraced	—	£333,435 to April 2026	View transaction

Historic listings

No historic listing events could be matched to the sales on record for this address. We only show events where a listing page could be linked to a Land Registry sale here.

Sold comparables

Same street and nearby sales within 0.25 miles (last 5 years). Land Registry Price Paid Data.

Address	Price	Date	Type
11 ORSETT ROAD, GRAYS, THURROCK, RM17 5DD	£260,000	14/12/2022	Terraced
80 BROOKE ROAD, GRAYS, THURROCK, RM17 5BN	£328,000	28/10/2022	Terraced
11 ORSETT ROAD, GRAYS, THURROCK, RM17 5DD	£187,000	05/10/2022	Terraced
6 BROOKE ROAD, GRAYS, THURROCK, RM17 5BN	£300,000	11/05/2022	Terraced
86 BROOKE ROAD, GRAYS, THURROCK, RM17 5BN	£260,000	10/09/2021	Terraced

Area average: £267,000 (5 sales)

For sale comparables

No active for-sale comparables found within 1 mile for the same property type.

Capital growth trend

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

5y growth 10.3%

10y growth 22.3%

House Price Index (HM Land Registry — official index, not sold-price averages): Thurrock. Series: Terraced. As of April 2026.

1y (index) 2.8%

5y (index) 15.5%

10y (index) 39.3%

Company ownership

Registered legal owner is a company.

Company-owned (UK company)

Company: PATIENT FIRST (GRAYS) LIMITED (06502923)

Rental Range

Estimated market rent for Thurrock. Low = conservative, Realistic = average, Optimistic = best case.

Low £1,235/mo

Realistic £1,372/mo

Optimistic £1,509/mo

Based on Local Authority from postcode lookup → Thurrock.

LHA (30th percentile) 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
3 Bed Semi-Detached House, Wharf Road, RM17	£1,850/mo	3	0.3 miles	OpenRent

Average rent: £1,850/mo (1 listing)

Rent-driven metrics

Based on OpenRent comparables.

Rent ratio 0.53%

Max investor price (0.8%) £231,250

Target investor price (1%) £185,000

Gross yield 6.3%

Cost-to-rent ratio 15.8×

Monthly cashflow £262/mo 75% LTV, 3.95% APR (5yr fixed), 25yr term

Cash-on-cash ROI 3.1%

Rent ratio — Monthly rent ÷ purchase price (1% rule). 1%+ = strong, 0.8–1% = okay, <0.8% = weak for cashflow.
Max investor price — Rent ÷ 0.8%; the price at which rent would be 0.8% of price (Stoke-style target).
Target investor price — Rent ÷ 1%; the price at which rent would be 1% of price (strong cashflow band).
Gross yield — Annual rent as % of purchase price (no costs).
Cost-to-rent — Price ÷ annual rent (from OpenRent comparables). Under 14× = strong, 14–16× = acceptable, 17×+ = compressed.
Cashflow — Rent minus 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

Not in Flood Risk Area (no data)

Street-level crime

Category	Count
Violence and sexual offences	135
Anti-social behaviour	43
Other theft	23
Public order	23
Vehicle crime	21
Drugs	19
Criminal damage and arson	18
Shoplifting	11
Burglary	6
Possession of weapons	5
Robbery	3
Other crime	2
Bicycle theft	1
Total incidents	310

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

Schools nearby

Nearest open schools with Ofsted ratings (England). Closed schools are not shown. Data from Get Information about Schools and Ofsted.

Name	Type	Distance	Ofsted
Thames Park Secondary School	Secondary	0.3 miles	Good — 14 Mar 2023
Quarry Hill Academy	Primary	0.5 miles	Outstanding — 19 Jul 2016
Belmont Castle Academy	Primary	0.5 miles	Good — 10 May 2012
Grays Convent High School	Secondary	0.5 miles	Good — 27 Jun 2013
St Thomas of Canterbury Catholic Primary School	Primary	0.7 miles	Good — 5 Sep 2012

FENSA

Checking FENSA certificates for this address. Refresh in a few minutes.

# 42 LONDON ROAD, GRAYS, THURROCK, RM17 5XY

## Property details

- Slug: `a7003c8` (address key hash: `a7003c871f2f2b4a48e2c5fb34f294725d8417a4`)
- Postcode: RM17 5XY
- Transactions on record: 3

- Tenure: Freehold
- Property type: Terraced
- Floor area: 96 m²
- EPC rating: E
- Year built: England and Wales: 1900-1929
- Last sold: £350,000 Jan 2026
- Price per m²: £3,646/m²
- Local average: £322,900 (35 sales)
- Street crime: 310 incidents within 1 mile (May 2026)

## Latest sale

- Price: £350,000
- Date: 2026-01-23
- Type: T
- Tenure: F

## EPC Rating & Upgrade Cost

- **Current rating:** E
- **Potential rating:** C
- **Expiry date:** 01/07/2031
- **Current heating cost:** £934/year
- **Est. upgrade cost to C:** £18,175

### Recommendations
- Q (£4,000 - £14,000)
- W1 (£800 - £1,200)
- E (£25)
- G (£350 - £450)
- I (£2,200 - £3,000)
- T2 (£400 - £900)
- U (£3,500 - £5,500)

[View full EPC on gov.uk](https://find-energy-certificate.service.gov.uk/energy-certificate/2120-2373-9090-9002-2905)

## Price history

| Event | Date | Price | Type | % change | Today’s value (HPI) | Transaction |
|-------|------|-------|------|--------|---------------------|-------------|
| Sold | 2026-01-23 | £350,000 | Terraced | +25% | £348,245 (to April 2026) | [View](http://87.117.209.195:8080/house-prices/49e87c32-cbf7-591c-e063-4704a8c00c31) |
| Sold | 2017-03-27 | £279,995 | Terraced | +75% | £366,916 (to April 2026) | [View](http://87.117.209.195:8080/house-prices/4c4edfff-468f-1854-e050-a8c063054f34) |
| Sold | 2011-07-01 | £159,995 | Terraced | — | £333,435 (to April 2026) | [View](http://87.117.209.195:8080/house-prices/1f2f80c3-ed4a-45f5-8bc2-68144bceec35) |

*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 |
|---------|-------|------|------|
| 42 LONDON ROAD, GRAYS, THURROCK, RM17 5XY | £350,000 | 23/01/2026 | Terraced |
| 42 LONDON ROAD, GRAYS, THURROCK, RM17 5XY | £279,995 | 27/03/2017 | Terraced |
| 42 LONDON ROAD, GRAYS, THURROCK, RM17 5XY | £159,995 | 01/07/2011 | Terraced |

## Sold Comparables

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

| Address | Price | Date | Type |
|---------|-------|------|------|
| 11 ORSETT ROAD, GRAYS, THURROCK, RM17 5DD | £260,000 | 14/12/2022 | Terraced |
| 80 BROOKE ROAD, GRAYS, THURROCK, RM17 5BN | £328,000 | 28/10/2022 | Terraced |
| 11 ORSETT ROAD, GRAYS, THURROCK, RM17 5DD | £187,000 | 05/10/2022 | Terraced |
| 6 BROOKE ROAD, GRAYS, THURROCK, RM17 5BN | £300,000 | 11/05/2022 | Terraced |
| 86 BROOKE ROAD, GRAYS, THURROCK, RM17 5BN | £260,000 | 10/09/2021 | Terraced |

**Area average:** £267,000 (5 sales)

## Capital growth trend

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

- **5y growth:** 10.3%
- **10y growth:** 22.3%

## House Price Index (HM Land Registry)

*Official index for Thurrock; Terraced series; as of April 2026.*

- **1y growth (index):** 2.8%
- **5y growth (index):** 15.5%
- **10y growth (index):** 39.3%

## Rental Range

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

- **Low:** £1,235/mo
- **Realistic:** £1,372/mo
- **Optimistic:** £1,509/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 |
|------|------|------|------|------|
| 3 Bed Semi-Detached House, Wharf Road, RM17 | £1,850/mo | 3 | 0.3 miles | OpenRent |

**Average rent: £1,850/mo (1 listing)**

## 1% Rule

- **Rent ratio:** 0.53% (weak for cashflow)
- **Max investor price (0.8%):** £231,250
- **Target investor price (1%):** £185,000

*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

*Based on OpenRent comparables (median £1,850/mo).*

- **Gross yield:** 6.3%
- **Cost-to-rent:** 15.8×
- **Monthly cashflow:** £262/mo (75% LTV, 3.95% APR (5yr fixed), 25yr term)
- **Cash-on-cash ROI:** 3.1%

*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 | 135 |
| Anti-social behaviour | 43 |
| Other theft | 23 |
| Public order | 23 |
| Vehicle crime | 21 |
| Drugs | 19 |
| Criminal damage and arson | 18 |
| Shoplifting | 11 |
| Burglary | 6 |
| Possession of weapons | 5 |
| Robbery | 3 |
| Other crime | 2 |
| Bicycle theft | 1 |
| **Total incidents** | **310** |

*Within 1 mile during May 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 |
|------|------|----------|--------|
| Thames Park Secondary School | Secondary | 0.3 miles | Good — 14 Mar 2023 |
| Quarry Hill Academy | Primary | 0.5 miles | Outstanding — 19 Jul 2016 |
| Belmont Castle Academy | Primary | 0.5 miles | Good — 10 May 2012 |
| Grays Convent High School | Secondary | 0.5 miles | Good — 27 Jun 2013 |
| St Thomas of Canterbury Catholic Primary School | Primary | 0.7 miles | Good — 5 Sep 2012 |