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According to the public record, 5, Falcon Avenue, Grays is a modern freehold house with 979 ft2 of internal area and sits on a 236 m2 plot.
Houses of this size in this area normally have 3 bedrooms with a garden.
Based on available information, and assuming reasonable condition, the estimated sale value for 5, Falcon Avenue, Grays is £426,631 and the estimated rental value is £2,051 per month.
Falcon Avenue, Grays, RM17 is located within the RM17 postal district.
5, Falcon Avenue, Grays has a single entry in the Land Registry from January 2012 and a single entry in the EPC database dated November 2018.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 4 out of 5 and is considered of high accuracy.
Decorative condition can have a big effect on a property's value and this effect varies depending on the type, size and location of the property.
If 5, Falcon Avenue, Grays is in very good condition we estimate a sale value of £447,963 and a rental value of £2,154 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £396,767 and a rental value of £1,907 per month.
Over the last 12 months the sale value of 5 Falcon Avenue Grays has decreased by an estimated £2,320 (0.5%) and its rental value has increased by an estimated £62 per month (3.0%), giving an expected gross yield of 5.8%.
According to data from HM Land Registry, 5, Falcon Avenue, Grays sits on a plot of 236m2.
We have plot size data on 56 out of 63 other houses in the postcode and 5, Falcon Avenue, Grays sits on the 8th largest plot.
5, Falcon Avenue, Grays has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 23 Nov 2018.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
According to HM Land Registry, 5, Falcon Avenue, Grays was last sold on 23rd January 2012 for £220,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since January 2012, the market for similar properties has risen 109.2%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 5, Falcon Avenue, Grays within a radius of 440 metres over the last 2 years.
The most recent example is 15, Falcon Avenue, Grays, RM17 6SB, a freehold house which sold for £368,000 on the 29th July 2022.
Read more about house prices in RM17.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Falcon Avenue, Grays, RM17 has a total of 158 addresses. According to our analysis of all the public data, 5, Falcon Avenue, Grays is the 9th largest and the 7th most expensive property on the street.
When compared to the postcode district it is £119k more expensive than the average property in RM17.
The closest station to 5, Falcon Avenue, Grays is Grays station which is 700 metres away.
According to recent data from Ofcom, ultrafast broadband is available in this area.
According to recent data from Ofcom, Ultrafast broadband is available in the area.
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
The recent census recorded whether a resident owned or rented their home.
In the area around 5, Falcon Avenue, Grays, 29.5% of property is privately owned with a mortgage and 28.2% is privately rented.
The graph below shows how this compares to East of England and the rest of England & Wales.
The recent census recorded the highest level of education achieved by residents in the local area.
In the area around 5, Falcon Avenue, Grays, 25.7% of residents are recorded as possessing school level qualifications and 29.1% as possessing degree level qualifications.
The graph below shows how this compares to East of England and the rest of England & Wales.
The most recent census in 2021 recorded the age of all UK residents.
In the area around 5, Falcon Avenue, Grays, the average age was 31.7 and the most common age was 32.
The graph below shows how this compares to East of England and the rest of England & Wales
The recent census recorded whether a property was a primary or secondary home for the resident.
In the area around 5, Falcon Avenue, Grays, 0.2% of property was a second home.
Comparison figures for East of England and the rest of England & Wales are listed below.
The recent census recorded the number of cars registered in each household.
In the area around 5, Falcon Avenue, Grays, there are an average of 1.1 cars per household.
See below for how this compares to East of England and the rest of England & Wales.
