Flat 222, Vert House Falcon Avenue, Grays, RM17 6SE is a leasehold flat built between 1967-1975. The property offers approximately 388 square feet of living space and is situated on the 1st floor. In this location, apartments of similar size usually have one bedroom.

The estimated current market value of the property is £114,240 , which equates to approximately £295 per square foot. It was last sold on 22 Nov 1999 for £27,000. Since then, the value has increased by £87,240, representing a 323.1% increase, or approximately 12.4% per year.

The current estimated value of £114,240 is:

  • 53.4% lower than the average property price on Falcon Avenue
  • 19.9% lower than the average in the RM17 6SE postcode area
  • and 69.2% lower than the average price for Grays as a whole

At the most recent EPC inspection on 23 November 2023, the property was recorded as rented.

View sold house prices in RM17 6SE

Building approximate location

About Property

Type
Flat
Built
1967-1975
Interior Size
388 sq ft
Tenure
Leasehold
Floor level
1st floor
Price (estimate)
£114,240
Price Per sq ft (estimate)
£295
Bedroom Count (estimate)
1 bedroom

EPC Summary

Flat 222, Vert House Falcon Avenue, Grays, Thurrock, RM17 6SE has an Energy Performance Certificate (EPC) rating of D, based on the latest assessment carried out on 23 Nov 2023.

This property uses electric storage heaters as its main heating source. Electric instantaneous heaters at the point of use are used to provide hot water. The windows are fully double glazed.

The previous EPC assessment was conducted on 15 Sep 2010, when the property was rated C. The current rating of D reflects a decline in energy efficiency of 6.9%.

Since the previous assessment, several changes were observed:

  • The main heating energy efficiency improving from poor to average, while the heating system type remained the same (electric storage heaters).
  • The hot water system was changed from electric immersion, off-peak to electric instantaneous at point of use, with its energy efficiency changing from average to very poor.
  • The wall construction or insulation changed from cavity wall, as built, insulated (assumed) to cavity wall, as built, no insulation (assumed), changing energy efficiency from good to poor.
  • The windows were upgraded from single glazed to fully double glazed.
  • The lighting was updated from low energy lighting in 20% of fixed outlets to low energy lighting in all fixed outlets, with efficiency improving from poor to very good.
Heating Type
Electric storage heaters
Average
Hot Water
Electric instantaneous at point of use
Very Poor
Walls
Cavity wall, as built, no insulation (assumed)
Poor
Windows
Fully double glazed
Average
Lighting
Low energy lighting in all fixed outlets
Very Good

Compared to RM17 6SE

27 th / 27
Price Rank
20% lower than average
21 st / 27
Size Rank
3% smaller than average
26 th / 27
Price Per Sq FT Rank
17% lower than average

Compared to other properties in RM17 6SE , this flat's estimated value ranks 27th out of 27. Based on price per square foot, it ranks 26th out of 27 properties. This indicates a lower price per square foot than most, suggesting good value for the space offered. In terms of size, this home ranks 21th out of 27 properties in its postcode area.

Sale History

Today
£114,240
streetscan.co.uk estimate
+323 %
22 Nov 1999
£27,000
Leasehold
+42.1 %
30 Oct 1995
£19,000
Leasehold

Area Insights

Similar Properties Sold Nearby

rooms: 2
size: 420 sq ft
sale price: £105,000
sale date: 2 Nov 2023
rooms: 2
size: 398 sq ft
sale price: £140,000
sale date: 15 Oct 2021
rooms: 2
size: 431 sq ft
sale price: £115,000
sale date: 17 Jul 2020
rooms: 2
size: 417 sq ft
sale price: £140,000
sale date: 31 Jan 2020
rooms: 2
size: 420 sq ft
sale price: £121,000
sale date: 26 Jul 2017

Data Sources

The property at Flat 222, Vert House Falcon Avenue, Grays, RM17 6SE appears two times in the Land Registry records, with the latest transaction recorded on 22 Nov 1999. It also has two Energy Performance Certificates (EPC) entries, the earliest dating back to 23 Nov 2023. We use this data, to estimate the property's characteristics and current market value.

This website uses public sector information from:

These datasets are licensed under the Open Government Licence v3.0.
This website is not affiliated with or endorsed by HM Land Registry or DLUHC.


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