Flat 4 Chartwell Place Junction Road

    FLAT 4 CHARTWELL PLACE, JUNCTION ROAD, ROMFORD, RM1 3BF

    This flat/maisonette leasehold property on Junction Road last sold in July 2021 for £285,000. Based on price growth in the RM1 district since then, its estimated current value is £262,383 — placing it in the 40th percentile nationally and the 31st percentile within RM1. The property covers 62 m² (667 sq ft), giving an estimated value of £4,232 per m². The EPC rating is B, with a potential rating of B.

    Type

    Flat/Maisonette

    Tenure

    Leasehold

    Floor Area

    667 sq ft

    62 m²

    Last Sale Price

    £285,000

    Jul 2021

    Estimated Valuation

    £262,383

    Est. £/sq ft

    £393/sq ft

    £4,232/m²

    Property Details

    TypeFlat/Maisonette
    TenureLeasehold
    Built formSemi-Detached
    Construction ageEngland and Wales: 2003-2006
    Habitable rooms3
    Main fuelmains gas (not community)
    EPC currentB
    EPC potentialB
    Floor area667 sq ft (62 m²)
    EPC dateJan 2020
    WallsCavity wall, as built, insulated (assumed)
    HeatingBoiler and radiators, mains gas

    Transaction History

    2 Jul 2021

    £285,000

    31 May 2017

    £285,000

    4 Jun 2010

    £182,500

    17 Jun 2002

    New build

    £146,995

    Key Metrics

    Estimated valuation£262,383
    Value per sq ft / m²£393/sq ft (£4,232/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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