Flat 241 Vert House Falcon Avenue

    FLAT 241 VERT HOUSE, FALCON AVENUE, GRAYS, RM17 6SE

    This flat/maisonette leasehold property on Falcon Avenue last sold in February 2021 for £124,995. Based on price growth in the RM17 district since then, its estimated current value is £133,409 — placing it in the 9th percentile nationally and the 3rd percentile within RM17. The property covers 50 m² (538 sq ft), giving an estimated value of £2,668 per m². The EPC rating is D, with a potential rating of C.

    Type

    Flat/Maisonette

    Tenure

    Leasehold

    Floor Area

    538 sq ft

    50 m²

    Last Sale Price

    £124,995

    Feb 2021

    Estimated Valuation

    £133,409

    Est. £/sq ft

    £248/sq ft

    £2,668/m²

    Property Details

    TypeFlat/Maisonette
    TenureLeasehold
    Built formMid-Terrace
    Construction ageEngland and Wales: 1983-1990
    Habitable rooms3
    Main fuelelectricity (not community)
    EPC currentD
    EPC potentialC
    Floor area538 sq ft (50 m²)
    EPC dateMar 2020
    WallsCavity wall, as built, insulated (assumed)
    HeatingRoom heaters, electric

    Transaction History

    5 Feb 2021

    £124,995

    Key Metrics

    Estimated valuation£133,409
    Value per sq ft / m²£248/sq ft (£2,668/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    RM17 district percentile3rd percentile
    National percentile9th 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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