7 Merritt House Frazer Close

    7 MERRITT HOUSE, FRAZER CLOSE, ROMFORD, ROMFORD, RM1 2DE

    This flat/maisonette leasehold property on Frazer Close last sold in February 2005 for £103,500. Based on price growth in the RM1 district since then, its estimated current value is £161,812 — placing it in the 15th percentile nationally and the 5th percentile within RM1. The property covers 45 m² (484 sq ft), giving an estimated value of £3,596 per m². The EPC rating is C, with a potential rating of B.

    Type

    Flat/Maisonette

    Tenure

    Leasehold

    Floor Area

    484 sq ft

    45 m²

    Last Sale Price

    £103,500

    Feb 2005

    Estimated Valuation

    £161,812

    Est. £/sq ft

    £334/sq ft

    £3,596/m²

    Property Details

    TypeFlat/Maisonette
    TenureLeasehold
    Built formEnclosed Mid-Terrace
    Construction ageEngland and Wales: 1983-1990
    Habitable rooms2
    Main fuelelectricity (not community)
    EPC currentC
    EPC potentialB
    Floor area484 sq ft (45 m²)
    EPC dateNov 2012
    WallsCavity wall, as built, insulated (assumed)
    HeatingElectric storage heaters

    Transaction History

    10 Feb 2005

    £103,500

    26 Mar 2004

    £114,000

    18 Sept 1998

    £59,000

    Key Metrics

    Estimated valuation£161,812
    Value per sq ft / m²£334/sq ft (£3,596/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    RM1 district percentile5th percentile
    National percentile15th 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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