2 Sims Close

    2, SIMS CLOSE, ROMFORD, RM1 3QT

    This flat/maisonette freehold property on Sims Close last sold in November 2021 for £570,001. Based on price growth in the RM1 district since then, its estimated current value is £524,766 — placing it in the 81st percentile nationally and the 66th percentile within RM1. The property covers 89 m² (958 sq ft), giving an estimated value of £5,896 per m². The EPC rating is C, with a potential rating of B.

    Type

    Flat/Maisonette

    Tenure

    Freehold

    Floor Area

    958 sq ft

    89 m²

    Last Sale Price

    £570,001

    Nov 2021

    Estimated Valuation

    £524,766

    Est. £/sq ft

    £548/sq ft

    £5,896/m²

    Property Details

    TypeFlat/Maisonette
    TenureFreehold
    Built formSemi-Detached
    Construction ageEngland and Wales: 1967-1975
    Habitable rooms7
    Main fuelmains gas (not community)
    EPC currentC
    EPC potentialB
    Floor area958 sq ft (89 m²)
    EPC dateAug 2021
    WallsTimber frame, as built, partial insulation (assumed)
    HeatingBoiler and radiators, mains gas

    Transaction History

    26 Nov 2021

    £570,001

    Key Metrics

    Estimated valuation£524,766
    Value per sq ft / m²£548/sq ft (£5,896/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    RM1 district percentile66th percentile
    National percentile81st 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

    More properties in RM1

    Streets in RM1

    Explore nearby