48 Junction Road

    48, JUNCTION ROAD, ROMFORD, ROMFORD, RM1 3QR

    This flat/maisonette leasehold property on Junction Road last sold in March 2006 for £138,000. Based on price growth in the RM1 district since then, its estimated current value is £182,277 — placing it in the 20th percentile nationally and the 9th percentile within RM1. The property covers 35 m² (377 sq ft), giving an estimated value of £5,208 per m². The EPC rating is C, with a potential rating of C.

    Type

    Flat/Maisonette

    Tenure

    Leasehold

    Floor Area

    377 sq ft

    35 m²

    Last Sale Price

    £138,000

    Mar 2006

    Estimated Valuation

    £182,277

    Est. £/sq ft

    £484/sq ft

    £5,208/m²

    Property Details

    TypeFlat/Maisonette
    TenureLeasehold
    Built formSemi-Detached
    Construction ageEngland and Wales: 1996-2002
    Habitable rooms2
    Main fuelelectricity (not community)
    EPC currentC
    EPC potentialC
    Floor area377 sq ft (35 m²)
    EPC dateOct 2022
    WallsCavity wall, as built, insulated (assumed)
    HeatingElectric storage heaters

    Transaction History

    20 Mar 2006

    £138,000

    Key Metrics

    Estimated valuation£182,277
    Value per sq ft / m²£484/sq ft (£5,208/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    RM1 district percentile9th percentile
    National percentile20th 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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