2 Abbey Close

    2, ABBEY CLOSE, ROMFORD, ROMFORD, RM1 2QN

    This terraced freehold property on Abbey Close last sold in July 2005 for £155,000. Based on price growth in the RM1 district since then, its estimated current value is £358,575 — placing it in the 61st percentile nationally and the 40th percentile within RM1. The property covers 63 m² (678 sq ft), giving an estimated value of £5,692 per m². The EPC rating is C, with a potential rating of B.

    Type

    Terraced

    Tenure

    Freehold

    Floor Area

    678 sq ft

    63 m²

    Last Sale Price

    £155,000

    Jul 2005

    Estimated Valuation

    £358,575

    Est. £/sq ft

    £529/sq ft

    £5,692/m²

    Property Details

    TypeTerraced
    TenureFreehold
    Built formMid-Terrace
    Construction ageEngland and Wales: 1996-2002
    Habitable rooms3
    Main fuelmains gas (not community)
    EPC currentC
    EPC potentialB
    Floor area678 sq ft (63 m²)
    EPC dateNov 2023
    WallsCavity wall, as built, insulated (assumed)
    HeatingBoiler and radiators, mains gas

    Transaction History

    7 Jul 2005

    £155,000

    Key Metrics

    Estimated valuation£358,575
    Value per sq ft / m²£529/sq ft (£5,692/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    RM1 district percentile40th percentile
    National percentile61st 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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