Flat 2 Challis Court, 1a Oaklands Avenue

    FLAT 2 CHALLIS COURT, 1A, OAKLANDS AVENUE, ROMFORD, RM1 4FD

    This flat/maisonette leasehold property on Oaklands Avenue last sold in May 2021 for £360,000. Based on price growth in the RM1 district since then, its estimated current value is £331,431 — placing it in the 56th percentile nationally and the 38th percentile within RM1. The property covers 85 m² (915 sq ft), giving an estimated value of £3,899 per m². The EPC rating is B, with a potential rating of B.

    Type

    Flat/Maisonette

    Tenure

    Leasehold

    Floor Area

    915 sq ft

    85 m²

    Last Sale Price

    £360,000

    May 2021

    Estimated Valuation

    £331,431

    Est. £/sq ft

    £362/sq ft

    £3,899/m²

    Property Details

    TypeFlat/Maisonette
    TenureLeasehold
    Built formDetached
    Construction age2015
    Habitable roomsNot available
    Main fuelGas: mains gas
    EPC currentB
    EPC potentialB
    Floor area915 sq ft (85 m²)
    EPC dateFeb 2016
    WallsAverage thermal transmittance 0.25 W/m²K
    HeatingBoiler and radiators, mains gas

    Transaction History

    27 May 2021

    £360,000

    17 Mar 2016

    £335,000

    Key Metrics

    Estimated valuation£331,431
    Value per sq ft / m²£362/sq ft (£3,899/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    RM1 district percentile38th percentile
    National percentile56th 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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