Flat 12 The Metro 50-56 Victoria Road

    FLAT 12 THE METRO 50-56, VICTORIA ROAD, ROMFORD, RM1 2JB

    This flat/maisonette leasehold property on Victoria Road last sold in November 2012 for £152,000. Based on price growth in the RM1 district since then, its estimated current value is £232,055 — placing it in the 33rd percentile nationally and the 22nd percentile within RM1. The property covers 62 m² (667 sq ft), giving an estimated value of £3,743 per m². The EPC rating is D, with a potential rating of C.

    Type

    Flat/Maisonette

    Tenure

    Leasehold

    Floor Area

    667 sq ft

    62 m²

    Last Sale Price

    £152,000

    Nov 2012

    Estimated Valuation

    £232,055

    Est. £/sq ft

    £348/sq ft

    £3,743/m²

    Property Details

    TypeFlat/Maisonette
    TenureLeasehold
    Built formMid-Terrace
    Construction ageEngland and Wales: 1996-2002
    Habitable rooms3
    Main fuelelectricity (not community)
    EPC currentD
    EPC potentialC
    Floor area667 sq ft (62 m²)
    EPC dateJul 2020
    WallsSystem built, as built, insulated (assumed)
    HeatingRoom heaters, electric

    Transaction History

    21 Nov 2012

    £152,000

    30 Oct 2006

    £160,000

    26 Mar 2004

    New build

    £154,950

    Key Metrics

    Estimated valuation£232,055
    Value per sq ft / m²£348/sq ft (£3,743/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    RM1 district percentile22nd percentile
    National percentile33rd 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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