Flat 42 Papermill House, 363 South Street

    FLAT 42 PAPERMILL HOUSE, 363, SOUTH STREET, ROMFORD, RM1 2FA

    This flat/maisonette leasehold property on South Street last sold in February 2022 for £227,500. Based on price growth in the RM1 district since then, its estimated current value is £208,751 — placing it in the 27th percentile nationally and the 15th percentile within RM1. The property covers 30 m² (323 sq ft), giving an estimated value of £6,958 per m². The EPC rating is C, with a potential rating of C.

    Type

    Flat/Maisonette

    Tenure

    Leasehold

    Floor Area

    323 sq ft

    30 m²

    Last Sale Price

    £227,500

    Feb 2022

    Estimated Valuation

    £208,751

    Est. £/sq ft

    £646/sq ft

    £6,958/m²

    Property Details

    TypeFlat/Maisonette
    TenureLeasehold
    Built formDetached
    Construction age2021
    Habitable roomsNot available
    Main fuelElectricity: electricity, unspecified tariff
    EPC currentC
    EPC potentialC
    Floor area323 sq ft (30 m²)
    EPC dateSept 2021
    WallsAverage thermal transmittance 0.30 W/m
    HeatingRoom heaters, electric

    Transaction History

    4 Feb 2022

    New build

    £227,500

    Key Metrics

    Estimated valuation£208,751
    Value per sq ft / m²£646/sq ft (£6,958/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    RM1 district percentile15th percentile
    National percentile27th 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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