45 Melton Gardens

    45, MELTON GARDENS, ROMFORD, RM1 2AS

    This terraced freehold property on Melton Gardens last sold in October 2015 for £258,000. Based on price growth in the RM1 district since then, its estimated current value is £395,647 — placing it in the 67th percentile nationally and the 43rd percentile within RM1. The property covers 83 m² (893 sq ft), giving an estimated value of £4,767 per m². The EPC rating is E, with a potential rating of B.

    Type

    Terraced

    Tenure

    Freehold

    Floor Area

    893 sq ft

    83 m²

    Last Sale Price

    £258,000

    Oct 2015

    Estimated Valuation

    £395,647

    Est. £/sq ft

    £443/sq ft

    £4,767/m²

    Property Details

    TypeTerraced
    TenureFreehold
    Built formMid-Terrace
    Construction ageEngland and Wales: 1930-1949
    Habitable rooms5
    Main fuelelectricity (not community)
    EPC currentE
    EPC potentialB
    Floor area893 sq ft (83 m²)
    EPC dateOct 2015
    WallsSolid brick, as built, no insulation (assumed)
    HeatingElectric storage heaters

    Transaction History

    30 Oct 2015

    £258,000

    Key Metrics

    Estimated valuation£395,647
    Value per sq ft / m²£443/sq ft (£4,767/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    RM1 district percentile43rd percentile
    National percentile67th 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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