331 South Street

    331, SOUTH STREET, ROMFORD, RM1 2AP

    This terraced freehold property on South Street last sold in January 2020 for £390,000. Based on price growth in the RM1 district since then, its estimated current value is £446,014 — placing it in the 73rd percentile nationally and the 51st percentile within RM1. The property covers 86 m² (926 sq ft), giving an estimated value of £5,186 per m². The EPC rating is E, with a potential rating of B.

    Type

    Terraced

    Tenure

    Freehold

    Floor Area

    926 sq ft

    86 m²

    Last Sale Price

    £390,000

    Jan 2020

    Estimated Valuation

    £446,014

    Est. £/sq ft

    £482/sq ft

    £5,186/m²

    Property Details

    TypeTerraced
    TenureFreehold
    Built formMid-Terrace
    Construction ageEngland and Wales: 1930-1949
    Habitable rooms5
    Main fuelmains gas (not community)
    EPC currentE
    EPC potentialB
    Floor area926 sq ft (86 m²)
    EPC dateOct 2019
    WallsCavity wall, as built, no insulation (assumed)
    HeatingBoiler and radiators, mains gas

    Transaction History

    20 Jan 2020

    £390,000

    Key Metrics

    Estimated valuation£446,014
    Value per sq ft / m²£482/sq ft (£5,186/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    RM1 district percentile51st percentile
    National percentile73rd 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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