1 Abbey Close

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

    This terraced freehold property on Abbey Close last sold in December 2006 for £198,000. Based on price growth in the RM1 district since then, its estimated current value is £441,849 — placing it in the 73rd percentile nationally and the 50th percentile within RM1. The property covers 61 m² (657 sq ft), giving an estimated value of £7,243 per m². The EPC rating is C, with a potential rating of B.

    Type

    Terraced

    Tenure

    Freehold

    Floor Area

    657 sq ft

    61 m²

    Last Sale Price

    £198,000

    Dec 2006

    Estimated Valuation

    £441,849

    Est. £/sq ft

    £673/sq ft

    £7,243/m²

    Property Details

    TypeTerraced
    TenureFreehold
    Built formEnd-Terrace
    Construction ageEngland and Wales: 1991-1995
    Habitable rooms3
    Main fuelmains gas (not community)
    EPC currentC
    EPC potentialB
    Floor area657 sq ft (61 m²)
    EPC dateSept 2018
    WallsCavity wall, as built, insulated (assumed)
    HeatingBoiler and radiators, mains gas

    Transaction History

    21 Dec 2006

    £198,000

    Key Metrics

    Estimated valuation£441,849
    Value per sq ft / m²£673/sq ft (£7,243/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    RM1 district percentile50th percentile
    National percentile73rd 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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