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Essex

Grays
development finance.

Expert property development finance in Grays, Essex. Median price £350,000, 1,477 annual sales. We connect developers with competitive funding from 100+ lenders.

Median price
£350k
Sales (12m)
1,477
YoY change
0%
Southend-on-Sea historic clock tower building

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 1,477 transactions in the last twelve months, Grays represents a healthy market.

Detached homes command a median of £550,000 while flats average £202,000, 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.

Live market data

Grays
market snapshot.

HM Land Registry sold-price data for Grays over the last twelve months, cross-referenced with local planning pipeline. Updated weekly.

Median price
£350,000
Sales (12m)
1,477
YoY change
+0%
Approved (12m)
0
Pipeline units
576
Pipeline GDV
£199.0M

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.

£
£
£
%

Assumes 10% professional fees, 10% contingency, 65% LTGDV senior debt, 18-month term. Full calculator →

Capital Structure

Total Cost£1,752,000
Senior Debt (65% LTGDV)£1,560,000
Equity Required£192,000
Interest (18m)£175,500
Profit on Cost24.5%
Senior Debt£1,560,000
Equity£192,000

Land Registry data

Recent property sales
in Grays.

1,477 residential transactions in the last twelve months. Median sold price £350,000. 4 new-build transactions with a +99.3% premium over existing stock.

Detached

£550,000

Semi-Detached

£400,000

Terraced

£340,000

Flat

£202,000

DateAddressTypePrice
24 Apr 202621, CHURCH HOLLOWRM19 1QJTerraced£285,000
22 Apr 202625, STANLEY ROADRM17 6QXTerraced£295,000
20 Apr 20267, CONRAD CLOSERM16 2TWDetached£580,000
20 Apr 202627, MALTHOUSE DRIVERM17 5FGTerraced£350,000
17 Apr 202616, MONARCH CLOSERM18 8ELTerraced£310,000
17 Apr 2026164, MILTON ROADSS17 8JXTerraced£360,000
17 Apr 202621, ANDERSONSSS17 7JFSemi-Detached£425,000
17 Apr 20264, CELEDON CLOSERM16 6PZTerraced£314,000
16 Apr 20266, HOWELL ROADSS17 8JLTerraced£217,000
15 Apr 2026207, GODMAN ROADRM16 4TRTerraced£270,000

Planning pipeline

Planning activity
in Grays.

0 approved (12m)
·
62 pending
·576 units in pipeline·£199.0M estimated GDV·0% approval rate

Current Applications

RefProposalUnitsEst. GDVStatus
26/00367/FUL

Conversion and extension of existing brick outbuilding to a two storey, one bedr…

Thurrock Peri Peri 8 Corringham Road Stanford Le Hope Essex SS17 0AH

1£350,000Pending
26/00363/PIP

Permission in Principle for up to 4 no. dwellings.

246A Heath Road Chadwell St Mary Essex RM16 3AP

4£1.4MPending
26/00359/FUL

Retrospective application for part change of use of the rear garden of No. 153 a…

153 St Chads Road Tilbury Essex RM18 8LJ

--Pending
26/00349/OUT

Outline application for the erection of residential dwellings (50% affordable) t…

Land North Of A13 And Adjacent High Road North Stifford Grays Essex

126£44.1MPending
26/00331/FUL

Proposed new shop front, signage, projecting sign, erection of external fridges …

Quirk Deakin 42 Orsett Road Grays Essex RM17 5EB

--Pending

Common questions

Property finance in Grays
— answered.

What is the average property price in Grays?
The median property price in Grays is £350,000, based on Land Registry transactions over the past 12 months. Broken down by type: detached homes at £550,000, semi-detached properties at £400,000, terraced houses at £340,000, flats at £202,000.
Is Grays a good area for property development?
Grays recorded 1,477 property transactions in the last 12 months. Thurrock growth area with London Gateway port driving employment and housing demand. Active transaction volumes indicate a liquid market where completed developments can achieve timely sales.
What types of property finance are available in Grays?
We arrange the full range of property development finance in Grays: development finance for ground-up schemes, bridging loans for auction purchases and chain breaks, mezzanine finance to stretch your capital stack, refurbishment finance for conversion projects, commercial mortgages for income-producing assets, equity and joint ventures for larger schemes, and development exit finance for completed projects awaiting sales.
How do I apply for development finance in Grays?
Start by submitting your deal through our Deal Room with your project details - site address, purchase price, build costs, and expected end value. Our team will review your scheme, model the funding structure, and present you with terms from our panel of over 100 lenders within 48 hours. There's no upfront fee and no obligation until you choose to proceed.
What are typical development finance rates in Grays?
Development finance rates for Grays projects typically range from 7-11% per annum, depending on scheme size, developer experience, and leverage. For a scheme with a GDV of around £2.4M, you could expect senior debt at 60-70% of GDV with rates from 7.5%. Arrangement fees are usually 1-2% of the facility. We negotiate the best available terms from our lender panel for each deal.

Where we fund

Grays,
Essex.

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.