Flat 5 59 Eastern Road

    FLAT 5 59, EASTERN ROAD, ROMFORD, RM1 3PB

    This flat/maisonette leasehold property on Eastern Road last sold in January 2009 for £60,000. Based on price growth in the RM1 district since then, its estimated current value is £88,570 — placing it in the 2nd percentile nationally and the 1st percentile within RM1. The property covers 34 m² (366 sq ft), giving an estimated value of £2,605 per m². The EPC rating is C, with a potential rating of C.

    Type

    Flat/Maisonette

    Tenure

    Leasehold

    Floor Area

    366 sq ft

    34 m²

    Last Sale Price

    £60,000

    Jan 2009

    Estimated Valuation

    £88,570

    Est. £/sq ft

    £242/sq ft

    £2,605/m²

    Property Details

    TypeFlat/Maisonette
    TenureLeasehold
    Built formSemi-Detached
    Construction ageEngland and Wales: 2003-2006
    Habitable rooms2
    Main fuelTo be used only when there is no heating/hot-water system or data is from a community network
    EPC currentC
    EPC potentialC
    Floor area366 sq ft (34 m²)
    EPC dateApr 2019
    WallsTimber frame, as built, insulated (assumed)
    HeatingNo system present: electric heaters assumed

    Transaction History

    9 Jan 2009

    £60,000

    Key Metrics

    Estimated valuation£88,570
    Value per sq ft / m²£242/sq ft (£2,605/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    RM1 district percentile1st percentile
    National percentile2nd 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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