240 South Street

    240, SOUTH STREET, ROMFORD, RM1 2AD

    This semi-detached freehold property on South Street last sold in July 2017 for £554,000. Based on price growth in the RM1 district since then, its estimated current value is £757,453 — placing it in the 92nd percentile nationally and the 92nd percentile within RM1. The property covers 197 m² (2,121 sq ft), giving an estimated value of £3,845 per m². The EPC rating is E, with a potential rating of C.

    Type

    Semi-Detached

    Tenure

    Freehold

    Floor Area

    2,121 sq ft

    197 m²

    Last Sale Price

    £554,000

    Jul 2017

    Estimated Valuation

    £757,453

    Est. £/sq ft

    £357/sq ft

    £3,845/m²

    Property Details

    TypeSemi-Detached
    TenureFreehold
    Built formSemi-Detached
    Construction ageEngland and Wales: before 1900
    Habitable rooms8
    Main fuelmains gas (not community)
    EPC currentE
    EPC potentialC
    Floor area2,121 sq ft (197 m²)
    EPC dateFeb 2017
    WallsSolid brick, as built, no insulation (assumed)
    HeatingBoiler and radiators, mains gas

    Transaction History

    3 Jul 2017

    £554,000

    10 Dec 2004

    £270,000

    16 Nov 2001

    £235,000

    Key Metrics

    Estimated valuation£757,453
    Value per sq ft / m²£357/sq ft (£3,845/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    RM1 district percentile92nd percentile
    National percentile92nd percentile

    District Context — RM1

    RM1 covers Romford and surrounding areas in East London, positioned in the east of the capital. It is a diverse, mixed-tenure neighbourhood with strong demand from families and commuters seeking affordable space within reach of London.

    Average Property Price - RM1

    £442,446

    73

    National percentile

    Average Net Household Income - RM1

    £47,792

    83

    National percentile

    10-Year Annualised Price Growth - RM1

    4.2%

    72

    National percentile

    10-Year Annualised Rent Growth - RM

    4.4%

    80

    National percentile

    View full analysis for RM1

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