5 Abbey Close

    5, ABBEY CLOSE, ROMFORD, RM1 2QN

    This terraced freehold property on Abbey Close last sold in February 2025 for £423,000. Based on price growth in the RM1 district since then, its estimated current value is £423,000 — placing it in the 70th percentile nationally and the 47th percentile within RM1. The property covers 73 m² (786 sq ft), giving an estimated value of £5,795 per m². The EPC rating is D, with a potential rating of B.

    Type

    Terraced

    Tenure

    Freehold

    Floor Area

    786 sq ft

    73 m²

    Last Sale Price

    £423,000

    Feb 2025

    Estimated Valuation

    £423,000

    Est. £/sq ft

    £538/sq ft

    £5,795/m²

    Property Details

    TypeTerraced
    TenureFreehold
    Built formMid-Terrace
    Construction ageEngland and Wales: 1991-1995
    Habitable rooms4
    Main fuelmains gas (not community)
    EPC currentD
    EPC potentialB
    Floor area786 sq ft (73 m²)
    EPC dateJul 2015
    WallsCavity wall, as built, insulated (assumed)
    HeatingBoiler and radiators, mains gas

    Transaction History

    14 Feb 2025

    £423,000

    18 Mar 2016

    £319,000

    30 May 2002

    £62,500

    Key Metrics

    Estimated valuation£423,000
    Value per sq ft / m²£538/sq ft (£5,795/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    RM1 district percentile47th percentile
    National percentile70th 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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