Essex
Grays
development finance.
Expert property development finance in Grays, Essex. Median price £350,500, 2,307 annual sales. We connect developers with competitive funding from 100+ lenders.
- Median price
- £351k
- Sales (12m)
- 2,307
- YoY change
- +0.1%
Property finance
in Grays.
Grays - thurrock growth area with London Gateway port driving employment and housing demand. With a median property price of £350,500 and 2,307 transactions in the last twelve months, Grays represents a active market with prices up 0.1% year-on-year.
Detached homes command a median of £540,000 while flats average £205,000, reflecting the breadth of Grays's residential market. New-build activity is notable, with 18 new-build transactions recorded over the past year - a signal of active development demand.
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
- £350,500
- Sales (12m)
- 2,307
- YoY change
- +0.1%
- Approved (recent)
- 82
- Pipeline units
- 3,391
- Pipeline GDV
- £1118.0M
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.
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.
2,307 residential transactions in the last twelve months. Median sold price £350,500 (+0.1% YoY). 18 new-build transactions with a +68.2% premium over existing stock.
Detached
£540,000
Semi-Detached
£400,000
Terraced
£340,000
Flat
£205,000
| Date | Address | Type | Price | Tenure |
|---|---|---|---|---|
| 24 Aug 2026 | 37, LABURNUM GROVERM15 6TA | Detached | £480,000 | Freehold |
| 21 Aug 2026 | 54, ALDERTON ROADRM16 3DZ | Semi-Detached | £338,000 | Freehold |
| 21 Aug 2026 | 76, CONISTON AVENUERM19 1PR | Flat | £189,000 | Leasehold |
| 19 Aug 2026 | 81, CALSHOT AVENUERM16 6NS | Semi-Detached | £400,000 | Freehold |
| 17 Aug 2026 | 14, CHURCH ROADRM18 7AJ | Semi-Detached | £320,000 | Freehold |
| 17 Aug 2026 | 18, ELLIS CLOSERM16 3DN | Terraced | £295,000 | Freehold |
| 17 Aug 2026 | 99, COLE AVENUERM16 4JZ | Terraced | £330,000 | Freehold |
| 17 Aug 2026 | JADE, HILLCREST ROADSS17 8NG | Detached | £550,000 | Freehold |
| 17 Aug 2026 | 25, DELIUS WAYSS17 8RG | Flat | £155,000 | Leasehold |
| 17 Aug 2026 | 127, RECTORY ROADRM17 6AA | Terraced | £365,000 | Freehold |
Planning pipeline
Planning activity
in Grays.
Recently Approved
| Ref | Proposal | Units | Est. GDV | Status | Date |
|---|---|---|---|---|---|
| 25/01276/FUL | Erection of 116 residential dwellings, and provision of associated infrastructur… Near RM16 4LS | 116 | £40.7M | Pending | 21/09/2026 |
| 26/00551/FUL | The erection of three self-build bungalows with associated access, parking, land… Near SS16 5LA | 3 | £1.1M | Pending | 18/09/2026 |
| 26/00504/FUL | Change of Use from Use Class C3(a) to Use Class C2 (Children's Home) - for no mo… Near SS17 7SE | 0 | - | Pending | 10/09/2026 |
| 26/00601/FUL | Change of use of Residential Dwelling (Class C3) to Residential Care Home (Class… Near RM17 5JE | 0 | - | Pending | 09/09/2026 |
| 26/00737/FUL | Extension to existing block of flats to add two new flats and associated works i… Near RM17 5PH | 2 | £410,000 | Pending | 07/09/2026 |
Current Applications
| Ref | Proposal | Units | Est. GDV | Status | Date |
|---|---|---|---|---|---|
| 26/01054/OUT | Outline Application (with all matters reserved except access) for the developmen… Near RM16 2LW | 200 | £70.1M | Pending | 09/09/2026 |
| 26/01048/FUL | New dwelling and associated works including parking and landscaping. Near RM18 8TX | 1 | £350,500 | Pending | 07/09/2026 |
| 26/01045/REM | Application for the approval of reserved matters (appearance, landscaping, layou… Near RM15 4DB | 90 | £31.5M | Pending | 04/09/2026 |
| 26/01030/FUL | Erect Three-Storey, 79 Bedroom, Care Home (Class C2), Lay Out Parking and Amenit… Near RM16 6YS | 0 | - | Pending | 02/09/2026 |
| 26/01021/FUL | Demolition/redevelopment of the redundant Mission Hall site to provide 3 no. 3-b… Near SS16 5JY | 3 | £1.1M | Pending | 31/08/2026 |
Source: HM Land Registry price paid data, 12 months to October 2026 · Thurrock planning register, retrieved October 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.
Where we fund
Grays,
Essex.
Nearby markets
Adjacent towns
we also fund.
Chelmsford
Median · £400,000
Essex's only city with strong commercial centre, major housing growth, and fast Liverpool Street services
Basildon
Median · £357,000
Thames Gateway New Town with significant regeneration plans and Enterprise Zone benefits
Southend-on-Sea
Median · £332,500
City status and seafront regeneration driving residential and leisure development investment
Colchester
Median · £320,000
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.