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40 Leasway, Grays, Thurrock, RM16 2HH

How much is 40 Leasway, Grays, Thurrock, RM16 2HH worth?

Estimated value — November 2026

£388,000

Likely range £214,000 – £529,000Four in five similar homes sold within their range when we tested it.

Latest recorded sale November 1997

25%

confidence

Low

Typically within 19% of the sale price

Property details

Semi-detached house

Leasway · Grays · RM16 2HH

Address

District
Thurrock
County
Thurrock
See house prices in RM16 →

Value over time

  • Modelled value
  • Projected
  • Likely range (80%)
  • Today's estimate
£0£200k£400k£600k20002002200420062008201020122014201620182020202220242026£388,000

Drawn through each of this property's recorded sales and ending at today's estimate, with the UK House Price Index for its area and property type filling in the months between. The shaded band is where four in five prices fell when we tested this line against real sales of similar homes; it widens the further a month is from a recorded sale, and today it matches the likely range above.

View as a table
Modelled value at the end of each year, with any recorded sales
YearModelled valueLikely range
2000£90,901£75,619 – £106,731
2001£112,695£91,835 – £133,165
2002£142,341£113,670 – £170,169
2003£168,993£132,281 – £203,830
2004£184,102£141,612 – £222,904
2005£184,790£139,717 – £224,935
2006£191,817£142,241 – £235,115
2007£213,213£154,794 – £263,807
2008£183,665£130,798 – £228,832
2009£183,638£128,367 – £231,133
2010£193,596£133,813 – £245,460
2011£191,849£130,681 – £245,636
2012£197,311£132,694 – £255,111
2013£203,400£152,372 – £244,750
2014£231,723£169,975 – £281,760
2015£273,491£196,347 – £336,004
2016£304,802£214,072 – £378,325
2017£316,747£217,520 – £397,155
2018£322,976£216,760 – £409,047
2019£321,972£211,064 – £411,846
2020£343,072£219,545 – £443,172
2021£367,852£229,664 – £479,832
2022£397,365£241,892 – £523,352
2023£379,769£225,257 – £504,977
2024£392,543£226,711 – £526,924
2025£394,987£221,961 – £535,198
2026£388,000£214,000 – £529,000

Sale history

1997Sold
£62,995
2026Today — estimated
+516%£388,000

Mortgage calculator

£2,082

Estimated monthly repayment

£349,200

Loan amount

£400,471

Total interest

£749,671

Total repayable

A guide only, based on a capital repayment mortgage held at a constant interest rate for the full term. Not a mortgage offer or financial advice.

Related properties

About this property

40 Leasway, Grays, Thurrock, RM16 2HH is a semi-detached house on Leasway in Grays, Thurrock. Stede's estimated value for November 2026 is £388,000. Four in five similar homes sold within their likely range when tested; for this property that range is £214,000 to £529,000. It combines its own last sale brought up to date with the House Price Index (75%) and recent sales of 158 similar homes in the same postcode sector (25%). The confidence score is 25 out of 100 (low): estimates like this one are typically within 19% of the eventual sale price.

It last sold in November 1997 for £62,995. The current estimate is 516% higher than that price. The current owner has held it for about 29 years.

The modelled value is down 2% over the past year and up 7% over the past five years.

Among 8 nearby properties Stede tracks in the RM16 area, estimated values run from £418,000 to £557,000. This semi-detached house's £388,000 sits below that range.

Common questions

How much is 40 Leasway, Grays, Thurrock, RM16 2HH worth?

Stede estimates 40 Leasway, Grays, Thurrock, RM16 2HH is worth £388,000 as of November 2026, within a likely range of £214,000 to £529,000. The estimate is generated automatically from recorded sale prices of this and similar nearby homes and the UK House Price Index, and is not a formal valuation.

When did 40 Leasway, Grays, Thurrock, RM16 2HH last sell?

It last sold in November 1997 for £62,995.

What type of property is 40 Leasway, Grays, Thurrock, RM16 2HH?

It is recorded as a Semi-detached house on Leasway in the RM16 postcode area.

How reliable is this estimate?

The confidence score is 25 out of 100 (low). Tested against real sales of similar homes, estimates like this one are typically within 19% of the sale price, and four in five sold within their likely range. The figure is a data model, not a RICS valuation or Home Report, and should not be used for mortgage or legal decisions.

How does Stede calculate this estimate?

It combines its own last sale brought up to date with the House Price Index (75%) and recent sales of 158 similar homes in the same postcode sector (25%). Each piece of evidence gets the share that proved most accurate when tested against real sales of similar homes, and the same testing sets the likely range and confidence. Full detail is on the methodology page.

How we got this figure

We weighed the evidence below, giving each piece the share that proved most accurate when we tested it against real sales of similar homes. The likely range and confidence come from testing the same method against 1,827 real sales of similar homes.

  • Its sale in November 1997, brought up to today with the House Price Index£373,07975%
  • 158 similar homes sold recently in the same postcode sector£431,58225%

Estimate £388,000, likely £214,000 – £529,000

Read the full methodology and data sources →