Flat 227 Vert House Falcon Avenue

    FLAT 227 VERT HOUSE, FALCON AVENUE, GRAYS, RM17 6SE

    This flat/maisonette leasehold property on Falcon Avenue last sold in May 2018 for £140,000. Based on price growth in the RM17 district since then, its estimated current value is £146,387 — placing it in the 12th percentile nationally and the 6th percentile within RM17. The property covers 45 m² (484 sq ft), giving an estimated value of £3,253 per m². The EPC rating is D, with a potential rating of C.

    Type

    Flat/Maisonette

    Tenure

    Leasehold

    Floor Area

    484 sq ft

    45 m²

    Last Sale Price

    £140,000

    May 2018

    Estimated Valuation

    £146,387

    Est. £/sq ft

    £302/sq ft

    £3,253/m²

    Property Details

    TypeFlat/Maisonette
    TenureLeasehold
    Built formDetached
    Construction ageEngland and Wales: 1983-1990
    Habitable rooms2
    Main fuelelectricity (not community)
    EPC currentD
    EPC potentialC
    Floor area484 sq ft (45 m²)
    EPC dateNov 2017
    WallsCavity wall, as built, insulated (assumed)
    HeatingElectric storage heaters

    Transaction History

    30 May 2018

    £140,000

    21 Dec 2006

    £104,000

    20 Aug 2004

    £88,000

    10 Jun 2002

    £57,995

    21 Jan 2000

    £33,000

    Key Metrics

    Estimated valuation£146,387
    Value per sq ft / m²£302/sq ft (£3,253/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    RM17 district percentile6th percentile
    National percentile12th 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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