Essex
Grays
development finance.
Expert property development finance in Grays, Essex. Median price £350,000, 1,567 annual sales. We connect developers with competitive funding from 100+ lenders.
- Median price
- £350k
- Sales (12m)
- 1,567
- YoY change
- 0%
Grays, Essex
Property finance
in Grays.
Grays - thurrock growth area with London Gateway port driving employment and housing demand. With a median property price of £350,000 and 1,567 transactions in the last twelve months, Grays represents a healthy market.
Detached homes command a median of £550,000 while flats average £206,000, reflecting the breadth of Grays's residential market. Terraced houses sit at £340,000, offering developers a range of scheme types from conversions to ground-up residential.
Whether you need development finance for a ground-up scheme, bridging finance to secure a site at auction, or mezzanine finance to stretch your capital stack, our brokers arrange the full range of property finance across Grays and the wider Essex area. Each deal is structured around your specific project, with terms negotiated from our panel of over 100 lenders.
The capital stack
Seven funding routes for
every Grays scheme.
Senior debt, mezzanine, bridging, equity, refurbishment, commercial mortgages and exit finance — arranged for Grays developers on the deal, not the product sheet.
Development Finance
Senior debt funding for ground-up residential and commercial developments.
Mezzanine Finance
Stretch your capital stack beyond senior debt to reduce equity requirements.
Bridging Loans
Short-term finance for acquisitions, auction purchases and time-sensitive deals.
Equity & Joint Ventures
Equity partnerships and JV structures for developers seeking capital partners.
Refurbishment Finance
Funding for light and heavy refurbishment projects including conversions.
Commercial Mortgages
Long-term finance for commercial property acquisition and refinancing.
Development Exit Finance
Short-term funding to repay development finance while you sell completed units.
Live market data
Grays
market snapshot.
HM Land Registry sold-price data for Grays over the last twelve months, alongside the live local planning pipeline. Updated weekly.
- Median price
- £350,000
- Sales (12m)
- 1,567
- YoY change
- Flat
- Pipeline units
- 28
- Pipeline GDV
- £10.5M
Grays development appraisal
Model the numbers
for your scheme.
Pre-populated with Grays median prices and typical senior-debt pricing. Adjust the inputs to match your deal and we will hand the working assumptions through to the Deal Room.
Scheme Inputs
Pre-populated with Grays median prices. Adjust to match your scheme.
Build cost pre-filled at £2,550/sqm (regional benchmark) for a 6-unit scheme. Assumes 10% professional fees, 10% contingency, 65% LTGDV senior debt, 18-month term. Full calculator →
Capital Structure
Land Registry data
Recent property sales
in Grays.
1,567 residential transactions in the last twelve months. Median sold price £350,000. 7 new-build transactions with a +167.1% premium over existing stock.
Detached
£550,000
Semi-Detached
£400,000
Terraced
£340,000
Flat
£206,000
| Date | Address | Type | Price | Tenure |
|---|---|---|---|---|
| 26 Jun 2026 | 68, CLIFFORD ROADRM16 6NY | Semi-Detached | £341,500 | Freehold |
| 22 Jun 2026 | 35, CHANTRY CRESCENTSS17 0DN | Detached | £500,000 | Freehold |
| 19 Jun 2026 | 10, THE CLOSERM16 2XU | Semi-Detached | £460,000 | Freehold |
| 19 Jun 2026 | 59, TENNYSON AVENUERM17 5RQ | Semi-Detached | £465,000 | Freehold |
| 19 Jun 2026 | 55A, ROSEDALE ROADRM17 6AD | Detached | £450,000 | Freehold |
| 18 Jun 2026 | 7, LYNDHURST ROADSS17 7SJ | Semi-Detached | £575,000 | Freehold |
| 17 Jun 2026 | 3, SYLVAN CLOSERM16 6YQ | Detached | £865,000 | Freehold |
| 16 Jun 2026 | 75, FOXGLOVE ROADRM15 6EU | Terraced | £270,000 | Freehold |
| 16 Jun 2026 | 19, LEA ROADRM16 4DD | Semi-Detached | £390,000 | Freehold |
| 16 Jun 2026 | 40, CHERWELL GROVERM15 6AX | Terraced | £250,000 | Freehold |
Planning pipeline
Planning activity
in Grays.
Current Applications
| Ref | Proposal | Units | Est. GDV | Status | Date |
|---|---|---|---|---|---|
| 26/00590/FUL | Provision of a substation and associated bollards to support a scheme for 12 no.… Thurrock Shopping Park Weston Avenue West Thurrock Essex | - | - | Pending | |
| 26/00588/FUL | Change of use from Public House (Sui-Generis) to flexible Use Class E / Drinking… Unit 610 The Quay Lakeside Shopping Centre West Thurrock Way West Thurrock Essex RM20 2AD | - | - | Pending | |
| 26/00580/LBC | Listed building consent to approve internal and external alterations to dwelling… 8 Hollow Cottages London Road Purfleet-on-thames Essex RM19 1QP | - | - | Pending | |
| 26/00575/FUL | Change of use of first floor from car sales (Sui Generis) to photographic studio… Baddoo Motors Unit 1 Kent Road Grays Essex RM17 6DF | - | - | Pending | |
| 26/00573/FUL | [Retrospective] Garage conversion to a self-contained annexe, including a new si… 36 Catharine Close Chafford Hundred Grays Essex RM16 6QH | - | - | Pending |
Source: HM Land Registry price paid data, 12 months to August 2026 · Thurrock Council planning register, retrieved August 2026. Contains HM Land Registry data © Crown copyright and database right, licensed under the Open Government Licence v3.0.
Common questions
Property finance in Grays
— answered.
What is the average property price in Grays?
Is Grays a good area for property development?
What types of property finance are available in Grays?
How do I apply for development finance in Grays?
What are typical development finance rates in Grays?
Expert guides
Further reading
on development finance.
Fixed vs Variable Bridging Rates: Which Saves You More?
6 min read readPermitted Development Rights: A Finance Guide for Developers
10 min read readDevelopment Finance for First-Time Developers: What You Need to Know
4 min read readUsing a Bridging Loan to Buy at Auction: A Step-by-Step Guide
4 min read readWhere we fund
Grays,
Essex.
Nearby markets
Adjacent towns
we also fund.
Chelmsford
Median · £398,000
Essex's only city with strong commercial centre, major housing growth, and fast Liverpool Street services
Basildon
Median · £355,000
Thames Gateway New Town with significant regeneration plans and Enterprise Zone benefits
Southend-on-Sea
Median · £330,000
City status and seafront regeneration driving residential and leisure development investment
Colchester
Median · £317,500
Britain's oldest recorded town with garrison regeneration and university campus driving demand
Harlow
Median · £335,000
Garden Town status with Gilston Park development delivering 10,000 homes and Enterprise Zone
Brentwood
Median · £500,000
Affluent commuter town with Elizabeth Line proximity and premium family housing demand
Ready when you are
Tell us the deal.
We’ll recommend the structure.
Submit your development finance enquiry in Grays and a partner will come back with an initial structure and indicative terms within one working day. No forms-for-forms’-sake — a short note on the scheme is enough.