5 Marwell Close

    5, MARWELL CLOSE, ROMFORD, RM1 2TE

    This flat/maisonette leasehold property on Marwell Close last sold in March 2023 for £190,000. Based on price growth in the RM1 district since then, its estimated current value is £162,056 — placing it in the 15th percentile nationally and the 5th percentile within RM1. The property covers 38 m² (409 sq ft), giving an estimated value of £4,265 per m². The EPC rating is C, with a potential rating of B.

    Type

    Flat/Maisonette

    Tenure

    Leasehold

    Floor Area

    409 sq ft

    38 m²

    Last Sale Price

    £190,000

    Mar 2023

    Estimated Valuation

    £162,056

    Est. £/sq ft

    £396/sq ft

    £4,265/m²

    Property Details

    TypeFlat/Maisonette
    TenureLeasehold
    Built formEnclosed End-Terrace
    Construction ageEngland and Wales: 1983-1990
    Habitable rooms2
    Main fuelelectricity (not community)
    EPC currentC
    EPC potentialB
    Floor area409 sq ft (38 m²)
    EPC dateDec 2022
    WallsCavity wall, as built, insulated (assumed)
    HeatingElectric storage heaters

    Transaction History

    31 Mar 2023

    £190,000

    16 Aug 2012

    £128,000

    16 Jun 2006

    £132,000

    25 Jun 2004

    £127,500

    28 Mar 2000

    £59,000

    Key Metrics

    Estimated valuation£162,056
    Value per sq ft / m²£396/sq ft (£4,265/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    RM1 district percentile5th percentile
    National percentile15th 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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