Flat 17 Chartwell Place Junction Road

    FLAT 17 CHARTWELL PLACE, JUNCTION ROAD, ROMFORD, RM1 3BF

    This flat/maisonette leasehold property on Junction Road last sold in May 2022 for £285,000. Based on price growth in the RM1 district since then, its estimated current value is £261,513 — placing it in the 40th percentile nationally and the 31st percentile within RM1. The property covers 57 m² (614 sq ft), giving an estimated value of £4,588 per m². The EPC rating is C, with a potential rating of C.

    Type

    Flat/Maisonette

    Tenure

    Leasehold

    Floor Area

    614 sq ft

    57 m²

    Last Sale Price

    £285,000

    May 2022

    Estimated Valuation

    £261,513

    Est. £/sq ft

    £426/sq ft

    £4,588/m²

    Property Details

    TypeFlat/Maisonette
    TenureLeasehold
    Built formSemi-Detached
    Construction ageEngland and Wales: 2003-2006
    Habitable rooms3
    Main fuelmains gas (not community)
    EPC currentC
    EPC potentialC
    Floor area614 sq ft (57 m²)
    EPC dateAug 2017
    WallsCavity wall, as built, insulated (assumed)
    HeatingBoiler and radiators, mains gas

    Transaction History

    12 May 2022

    £285,000

    14 Dec 2007

    £201,500

    12 Aug 2002

    £153,995

    Key Metrics

    Estimated valuation£261,513
    Value per sq ft / m²£426/sq ft (£4,588/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    RM1 district percentile31st percentile
    National percentile40th 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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