Flat 17 Derwent Court Riverside Close

    FLAT 17 DERWENT COURT, RIVERSIDE CLOSE, ROMFORD, RM1 1EQ

    This flat/maisonette leasehold property on Riverside Close last sold in October 2024 for £245,000. Based on price growth in the RM1 district since then, its estimated current value is £228,279 — placing it in the 32nd percentile nationally and the 21st percentile within RM1. The property covers 62 m² (667 sq ft), giving an estimated value of £3,682 per m². The EPC rating is C, with a potential rating of C.

    Type

    Flat/Maisonette

    Tenure

    Leasehold

    Floor Area

    667 sq ft

    62 m²

    Last Sale Price

    £245,000

    Oct 2024

    Estimated Valuation

    £228,279

    Est. £/sq ft

    £342/sq ft

    £3,682/m²

    Property Details

    TypeFlat/Maisonette
    TenureLeasehold
    Built formEnclosed Mid-Terrace
    Construction ageEngland and Wales: 2003-2006
    Habitable rooms3
    Main fuelelectricity (not community)
    EPC currentC
    EPC potentialC
    Floor area667 sq ft (62 m²)
    EPC dateAug 2018
    WallsCavity wall, as built, insulated (assumed)
    HeatingElectric storage heaters

    Transaction History

    25 Oct 2024

    £245,000

    5 Jun 2007

    £220,000

    Key Metrics

    Estimated valuation£228,279
    Value per sq ft / m²£342/sq ft (£3,682/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    RM1 district percentile21st percentile
    National percentile32nd 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

    More properties in RM1

    Streets in RM1

    Explore nearby