Flat 2 26 Richmond Road

    FLAT 2 26, RICHMOND ROAD, ROMFORD, RM1 2DX

    This flat/maisonette leasehold property on Richmond Road last sold in March 2016 for £197,000. Based on price growth in the RM1 district since then, its estimated current value is £188,094 — placing it in the 21st percentile nationally and the 10th percentile within RM1. The property covers 44 m² (474 sq ft), giving an estimated value of £4,275 per m². The EPC rating is C, with a potential rating of C.

    Type

    Flat/Maisonette

    Tenure

    Leasehold

    Floor Area

    474 sq ft

    44 m²

    Last Sale Price

    £197,000

    Mar 2016

    Estimated Valuation

    £188,094

    Est. £/sq ft

    £397/sq ft

    £4,275/m²

    Property Details

    TypeFlat/Maisonette
    TenureLeasehold
    Built formEnd-Terrace
    Construction ageEngland and Wales: 1996-2002
    Habitable rooms2
    Main fuelelectricity (not community)
    EPC currentC
    EPC potentialC
    Floor area474 sq ft (44 m²)
    EPC dateFeb 2023
    WallsCavity wall, as built, insulated (assumed)
    HeatingElectric storage heaters

    Transaction History

    15 Mar 2016

    £197,000

    25 May 2007

    £149,995

    30 Sept 1999

    £54,250

    17 Oct 1997

    £44,000

    Key Metrics

    Estimated valuation£188,094
    Value per sq ft / m²£397/sq ft (£4,275/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    RM1 district percentile10th percentile
    National percentile21st 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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