Flat 231 Vert House Falcon Avenue

    FLAT 231 VERT HOUSE, FALCON AVENUE, GRAYS, RM17 6SE

    This flat/maisonette leasehold property on Falcon Avenue last sold in July 2017 for £121,000. Based on price growth in the RM17 district since then, its estimated current value is £135,657 — placing it in the 10th percentile nationally and the 4th percentile within RM17. The property covers 39 m² (420 sq ft), giving an estimated value of £3,478 per m². The EPC rating is C, with a potential rating of C.

    Type

    Flat/Maisonette

    Tenure

    Leasehold

    Floor Area

    420 sq ft

    39 m²

    Last Sale Price

    £121,000

    Jul 2017

    Estimated Valuation

    £135,657

    Est. £/sq ft

    £323/sq ft

    £3,478/m²

    Property Details

    TypeFlat/Maisonette
    TenureLeasehold
    Built formMid-Terrace
    Construction ageEngland and Wales: 1983-1990
    Habitable rooms2
    Main fuelelectricity (not community)
    EPC currentC
    EPC potentialC
    Floor area420 sq ft (39 m²)
    EPC dateApr 2016
    WallsCavity wall, filled cavity
    HeatingElectric storage heaters

    Transaction History

    26 Jul 2017

    £121,000

    Key Metrics

    Estimated valuation£135,657
    Value per sq ft / m²£323/sq ft (£3,478/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    RM17 district percentile4th percentile
    National percentile10th 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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