7 Marwell Close

    7, MARWELL CLOSE, ROMFORD, ROMFORD, RM1 2TE

    This flat/maisonette leasehold property on Marwell Close last sold in July 2001 for £100,000. Based on price growth in the RM1 district since then, its estimated current value is £226,111 — placing it in the 31st percentile nationally and the 20th percentile within RM1. The property covers 51 m² (549 sq ft), giving an estimated value of £4,434 per m². The EPC rating is C, with a potential rating of B.

    Type

    Flat/Maisonette

    Tenure

    Leasehold

    Floor Area

    549 sq ft

    51 m²

    Last Sale Price

    £100,000

    Jul 2001

    Estimated Valuation

    £226,111

    Est. £/sq ft

    £412/sq ft

    £4,434/m²

    Property Details

    TypeFlat/Maisonette
    TenureLeasehold
    Built formEnclosed End-Terrace
    Construction ageEngland and Wales: 1983-1990
    Habitable rooms3
    Main fuelelectricity (not community)
    EPC currentC
    EPC potentialB
    Floor area549 sq ft (51 m²)
    EPC dateSept 2019
    WallsCavity wall, as built, insulated (assumed)
    HeatingRoom heaters, electric

    Transaction History

    31 Jul 2001

    £100,000

    31 Jan 1997

    £50,000

    20 Feb 1996

    £44,000

    Key Metrics

    Estimated valuation£226,111
    Value per sq ft / m²£412/sq ft (£4,434/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    RM1 district percentile20th percentile
    National percentile31st 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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