Flat 271 Russet House Falcon Avenue

    FLAT 271 RUSSET HOUSE, FALCON AVENUE, GRAYS, GRAYS, RM17 6SF

    This flat/maisonette leasehold property on Falcon Avenue last sold in July 2005 for £85,000. Based on price growth in the RM17 district since then, its estimated current value is £129,109 — placing it in the 8th percentile nationally and the 3rd percentile within RM17. The property covers 34 m² (366 sq ft), giving an estimated value of £3,797 per m². The EPC rating is D, with a potential rating of C.

    Type

    Flat/Maisonette

    Tenure

    Leasehold

    Floor Area

    366 sq ft

    34 m²

    Last Sale Price

    £85,000

    Jul 2005

    Estimated Valuation

    £129,109

    Est. £/sq ft

    £353/sq ft

    £3,797/m²

    Property Details

    TypeFlat/Maisonette
    TenureLeasehold
    Built formDetached
    Construction ageEngland and Wales: 1967-1975
    Habitable rooms3
    Main fuelelectricity (not community)
    EPC currentD
    EPC potentialC
    Floor area366 sq ft (34 m²)
    EPC dateDec 2019
    WallsCavity wall, as built, no insulation (assumed)
    HeatingElectric storage heaters

    Transaction History

    18 Jul 2005

    £85,000

    27 Aug 1999

    £26,000

    Key Metrics

    Estimated valuation£129,109
    Value per sq ft / m²£353/sq ft (£3,797/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    RM17 district percentile3rd percentile
    National percentile8th 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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