2 Frazer Close

    2, FRAZER CLOSE, ROMFORD, RM1 2DF

    This flat/maisonette leasehold property on Frazer Close last sold in October 2020 for £110,000. Based on price growth in the RM1 district since then, its estimated current value is £105,768 — placing it in the 5th percentile nationally and the 1st percentile within RM1. The property covers 29 m² (312 sq ft), giving an estimated value of £3,647 per m². The EPC rating is C, with a potential rating of B.

    Type

    Flat/Maisonette

    Tenure

    Leasehold

    Floor Area

    312 sq ft

    29 m²

    Last Sale Price

    £110,000

    Oct 2020

    Estimated Valuation

    £105,768

    Est. £/sq ft

    £339/sq ft

    £3,647/m²

    Property Details

    TypeFlat/Maisonette
    TenureLeasehold
    Built formMid-Terrace
    Construction ageEngland and Wales: 1996-2002
    Habitable rooms2
    Main fuelelectricity (not community)
    EPC currentC
    EPC potentialB
    Floor area312 sq ft (29 m²)
    EPC dateMar 2022
    WallsCavity wall, as built, insulated (assumed)
    HeatingRoom heaters, electric

    Transaction History

    22 Oct 2020

    £110,000

    7 Sept 2012

    £105,000

    4 Apr 2007

    £118,000

    31 Oct 2000

    £47,500

    12 Dec 1997

    £40,000

    13 Apr 1995

    £25,500

    Key Metrics

    Estimated valuation£105,768
    Value per sq ft / m²£339/sq ft (£3,647/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    RM1 district percentile1st percentile
    National percentile5th 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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