24 Sims Close

    24, SIMS CLOSE, ROMFORD, RM1 3QT

    This terraced freehold property on Sims Close last sold in March 2015 for £286,000. Based on price growth in the RM1 district since then, its estimated current value is £438,586 — placing it in the 72nd percentile nationally and the 50th percentile within RM1. The property covers 89 m² (958 sq ft), giving an estimated value of £4,928 per m². The EPC rating is C, with a potential rating of B.

    Type

    Terraced

    Tenure

    Freehold

    Floor Area

    958 sq ft

    89 m²

    Last Sale Price

    £286,000

    Mar 2015

    Estimated Valuation

    £438,586

    Est. £/sq ft

    £458/sq ft

    £4,928/m²

    Property Details

    TypeTerraced
    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

    2 Mar 2015

    £286,000

    19 Dec 2013

    £250,000

    Key Metrics

    Estimated valuation£438,586
    Value per sq ft / m²£458/sq ft (£4,928/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    RM1 district percentile50th percentile
    National percentile72nd 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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