Flat 224 Vert House Falcon Avenue

    FLAT 224 VERT HOUSE, FALCON AVENUE, GRAYS, RM17 6SE

    This flat/maisonette leasehold property on Falcon Avenue last sold in June 2015 for £107,500. Based on price growth in the RM17 district since then, its estimated current value is £156,310 — placing it in the 14th percentile nationally and the 7th percentile within RM17. The property covers 39 m² (420 sq ft), giving an estimated value of £4,008 per m². The EPC rating is C, with a potential rating of B.

    Type

    Flat/Maisonette

    Tenure

    Leasehold

    Floor Area

    420 sq ft

    39 m²

    Last Sale Price

    £107,500

    Jun 2015

    Estimated Valuation

    £156,310

    Est. £/sq ft

    £372/sq ft

    £4,008/m²

    Property Details

    TypeFlat/Maisonette
    TenureLeasehold
    Built formEnd-Terrace
    Construction ageEngland and Wales: 1983-1990
    Habitable rooms2
    Main fuelelectricity (not community)
    EPC currentC
    EPC potentialB
    Floor area420 sq ft (39 m²)
    EPC dateMar 2015
    WallsCavity wall, as built, insulated (assumed)
    HeatingRoom heaters, electric

    Transaction History

    25 Jun 2015

    £107,500

    24 Apr 1996

    £19,500

    Key Metrics

    Estimated valuation£156,310
    Value per sq ft / m²£372/sq ft (£4,008/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    RM17 district percentile7th percentile
    National percentile14th percentile

    District Context — RM17

    RM17 covers Purfleet and surrounding areas in Essex, located east of London on the Thames estuary. It is a predominantly working-class residential district with strong industrial heritage and practical appeal to commuters and families.

    Average Property Price - RM17

    £326,500

    50

    National percentile

    Average Net Household Income - RM17

    £43,200

    70

    National percentile

    10-Year Annualised Price Growth - RM17

    4.7%

    84

    National percentile

    10-Year Annualised Rent Growth - RM

    4.4%

    80

    National percentile

    View full analysis for RM17

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