Flat 7 The Metro 50-56 Victoria Road

    FLAT 7 THE METRO 50-56, VICTORIA ROAD, ROMFORD, ROMFORD, RM1 2JB

    This flat/maisonette leasehold property on Victoria Road last sold in February 2004 for £155,000. Based on price growth in the RM1 district since then, its estimated current value is £243,469 — placing it in the 36th percentile nationally and the 26th percentile within RM1. The property covers 65 m² (700 sq ft), giving an estimated value of £3,746 per m². The EPC rating is C, with a potential rating of B.

    Type

    Flat/Maisonette

    Tenure

    Leasehold

    Floor Area

    700 sq ft

    65 m²

    Last Sale Price

    £155,000

    Feb 2004

    Estimated Valuation

    £243,469

    Est. £/sq ft

    £348/sq ft

    £3,746/m²

    Property Details

    TypeFlat/Maisonette
    TenureLeasehold
    Built formMid-Terrace
    Construction ageEngland and Wales: 1996-2002
    Habitable rooms3
    Main fuelelectricity (not community)
    EPC currentC
    EPC potentialB
    Floor area700 sq ft (65 m²)
    EPC dateAug 2018
    WallsSystem built, as built, insulated (assumed)
    HeatingRoom heaters, electric

    Transaction History

    6 Feb 2004

    New build

    £155,000

    Key Metrics

    Estimated valuation£243,469
    Value per sq ft / m²£348/sq ft (£3,746/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    RM1 district percentile26th percentile
    National percentile36th 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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