Flat 42 Weave Court, 24 Loom Grove

    FLAT 42 WEAVE COURT, 24, LOOM GROVE, ROMFORD, RM1 2BL

    This flat/maisonette leasehold property on Loom Grove last sold in December 2022 for £117,500. Based on price growth in the RM1 district since then, its estimated current value is £107,817 — placing it in the 5th percentile nationally and the 1st percentile within RM1. The property covers 46 m² (495 sq ft), giving an estimated value of £2,344 per m². The EPC rating is B, with a potential rating of B.

    Type

    Flat/Maisonette

    Tenure

    Leasehold

    Floor Area

    495 sq ft

    46 m²

    Last Sale Price

    £117,500

    Dec 2022

    Estimated Valuation

    £107,817

    Est. £/sq ft

    £218/sq ft

    £2,344/m²

    Property Details

    TypeFlat/Maisonette
    TenureLeasehold
    Built formNot available
    Construction age2010
    Habitable roomsNot available
    Main fuelGas: mains gas
    EPC currentB
    EPC potentialB
    Floor area495 sq ft (46 m²)
    EPC dateAug 2012
    WallsAverage thermal transmittance 0.21 W/m²K
    HeatingBoiler and radiators, mains gas

    Transaction History

    21 Dec 2022

    £117,500

    Key Metrics

    Estimated valuation£107,817
    Value per sq ft / m²£218/sq ft (£2,344/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    RM1 district percentile1st 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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