Flat 264, Russet House Falcon Avenue, Grays, RM17 6SF is a leasehold flat built between 1983-1990. The property offers approximately 420 square feet of living space and is situated on the 3rd floor. In this location, apartments of similar size usually have one bedroom.

The estimated current market value of the property is £132,069 , which equates to approximately £315 per square foot. It was last sold on 7 Jul 2017 for £120,000. Since then, the value has increased by £12,069, representing a 10.1% increase, or approximately 1.2% per year.

The current estimated value of £132,069 is:

  • 46.2% lower than the average property price on Falcon Avenue
  • 5.4% higher than the average in the RM17 6SF postcode area
  • and 64.3% lower than the average price for Grays as a whole

At the most recent EPC inspection on 19 July 2021, the property was recorded as rented.

View sold house prices in RM17 6SF

Building approximate location

About Property

Type
Flat
Built
1983-1990
Interior Size
420 sq ft
Tenure
Leasehold
Floor level
3rd floor
Price (estimate)
£132,069
Price Per sq ft (estimate)
£315
Bedroom Count (estimate)
1 bedroom

EPC Summary

Flat 264, Russet House Falcon Avenue, Grays, Thurrock, RM17 6SF has an Energy Performance Certificate (EPC) rating of D, based on the latest assessment carried out on 19 Jul 2021.

This property uses electric storage heaters as its main heating source. Hot water is provided from off-peak electric immersion heater. The windows are fully double glazed.

The previous EPC assessment was conducted on 12 Jul 2011, and the property received the same rating of D with an unchanged energy efficiency score of 61.

Since the previous assessment, several changes were observed:

  • The hot water energy efficiency changing from average to very poor, while the system remained as electric immersion, off-peak.
  • The roof construction or insulation changed from pitched, 75 mm loft insulation to pitched, 100 mm loft insulation, with no change in energy efficiency (average).
  • The lighting was updated from low energy lighting in 22% of fixed outlets to low energy lighting in 80% of fixed outlets, with efficiency improving from poor to very good.
Heating Type
Electric storage heaters
Average
Hot Water
Electric immersion, off-peak
Very Poor
Roof
Pitched, 100 mm loft insulation
Average
Walls
Cavity wall, as built, insulated (assumed)
Good
Windows
Fully double glazed
Average
Lighting
Low energy lighting in 80% of fixed outlets
Very Good

Compared to RM17 6SF

13 th / 26
Price Rank
5% higher than average
3 rd / 24
Size Rank
22% bigger than average
19 th / 24
Price Per Sq FT Rank
13% lower than average

Compared to other properties in RM17 6SF , this flat's estimated value ranks 13th out of 26. Based on price per square foot, it ranks 19th out of 24 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 3rd out of 24 properties in its postcode area.

Sale History

Today
£132,069
streetscan.co.uk estimate
+10 %
7 Jul 2017
£120,000
Leasehold
+389.8 %
28 Nov 1997
£24,500
Leasehold
+8.9 %
7 Nov 1997
£22,500
Leasehold

Area Insights

Similar Properties Sold Nearby

rooms: 2
size: 420 sq ft
sale price: £95,500
sale date: 3 Mar 2006
rooms: 2
size: 441 sq ft
sale price: £85,000
sale date: 18 Jul 2005
rooms: 3
size: 366 sq ft
sale price: £49,000
sale date: 10 Dec 2001
rooms: 2
size: 420 sq ft
sale price: £44,000
sale date: 10 Aug 2001
rooms: 2
size: 420 sq ft
sale price: £29,000
sale date: 14 Jan 2000

Data Sources

The property at Flat 264, Russet House Falcon Avenue, Grays, RM17 6SF appears three times in the Land Registry records, with the latest transaction recorded on 7 Jul 2017. It also has two Energy Performance Certificates (EPC) entries, the earliest dating back to 19 Jul 2021. 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.


Disclaimer: StreetScan.co.uk makes all reasonable efforts to ensure the information provided on this website is current and accurate; however, no warranties or representations are made as to its completeness or accuracy. StreetScan.co.uk expressly disclaims any and all liability for any loss, damage, or expense arising directly or indirectly from the use of, or reliance upon, such information.