Flat 26 Weave Court, 24 Loom Grove

    FLAT 26 WEAVE COURT, 24, LOOM GROVE, ROMFORD, RM1 2BL

    This flat/maisonette leasehold property on Loom Grove last sold in September 2018 for £117,500. Based on price growth in the RM1 district since then, its estimated current value is £112,000 — placing it in the 5th percentile nationally and the 2nd percentile within RM1. The property covers 47 m² (506 sq ft), giving an estimated value of £2,383 per m². The EPC rating is C, with a potential rating of C.

    Type

    Flat/Maisonette

    Tenure

    Leasehold

    Floor Area

    506 sq ft

    47 m²

    Last Sale Price

    £117,500

    Sept 2018

    Estimated Valuation

    £112,000

    Est. £/sq ft

    £221/sq ft

    £2,383/m²

    Property Details

    TypeFlat/Maisonette
    TenureLeasehold
    Built formSemi-Detached
    Construction ageEngland and Wales: 2007-2011
    Habitable rooms2
    Main fuelmains gas (not community)
    EPC currentC
    EPC potentialC
    Floor area506 sq ft (47 m²)
    EPC dateMay 2018
    WallsCavity wall, as built, insulated (assumed)
    HeatingBoiler and radiators, mains gas

    Transaction History

    28 Sept 2018

    £117,500

    Key Metrics

    Estimated valuation£112,000
    Value per sq ft / m²£221/sq ft (£2,383/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    RM1 district percentile2nd percentile
    National percentile5th 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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