5 Glades Close

    5, GLADES CLOSE, ROMFORD, RM1 2BW

    This detached freehold property on Glades Close last sold in February 2015 for £450,000. Based on price growth in the RM1 district since then, its estimated current value is £618,961 — placing it in the 87th percentile nationally and the 81st percentile within RM1. The property covers 152 m² (1,636 sq ft), giving an estimated value of £4,072 per m². The EPC rating is B, with a potential rating of A.

    Type

    Detached

    Tenure

    Freehold

    Floor Area

    1,636 sq ft

    152 m²

    Last Sale Price

    £450,000

    Feb 2015

    Estimated Valuation

    £618,961

    Est. £/sq ft

    £378/sq ft

    £4,072/m²

    Property Details

    TypeDetached
    TenureFreehold
    Built formDetached
    Construction age2013
    Habitable roomsNot available
    Main fuelGas: mains gas
    EPC currentB
    EPC potentialA
    Floor area1,636 sq ft (152 m²)
    EPC dateFeb 2015
    WallsAverage thermal transmittance 0.23 W/m²K
    HeatingBoiler and underfloor heating, mains gas

    Transaction History

    5 Feb 2015

    New build

    £450,000

    Key Metrics

    Estimated valuation£618,961
    Value per sq ft / m²£378/sq ft (£4,072/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    RM1 district percentile81st percentile
    National percentile87th 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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