Flat 7 26 Richmond Road

    FLAT 7 26, RICHMOND ROAD, ROMFORD, RM1 2DX

    This flat/maisonette leasehold property on Richmond Road last sold in September 2014 for £159,000. Based on price growth in the RM1 district since then, its estimated current value is £201,907 — placing it in the 25th percentile nationally and the 13th percentile within RM1. The property covers 40 m² (431 sq ft), giving an estimated value of £5,048 per m². The EPC rating is C, with a potential rating of C.

    Type

    Flat/Maisonette

    Tenure

    Leasehold

    Floor Area

    431 sq ft

    40 m²

    Last Sale Price

    £159,000

    Sept 2014

    Estimated Valuation

    £201,907

    Est. £/sq ft

    £469/sq ft

    £5,048/m²

    Property Details

    TypeFlat/Maisonette
    TenureLeasehold
    Built formSemi-Detached
    Construction ageEngland and Wales: 1996-2002
    Habitable rooms2
    Main fuelelectricity (not community)
    EPC currentC
    EPC potentialC
    Floor area431 sq ft (40 m²)
    EPC dateMay 2023
    WallsCavity wall, as built, insulated (assumed)
    HeatingElectric storage heaters

    Transaction History

    26 Sept 2014

    £159,000

    23 Jul 2007

    £146,000

    23 May 2003

    £118,500

    31 May 1996

    £37,000

    Key Metrics

    Estimated valuation£201,907
    Value per sq ft / m²£469/sq ft (£5,048/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    RM1 district percentile13th percentile
    National percentile25th 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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