24b Margaret Road

    24B, MARGARET ROAD, ROMFORD, RM2 5SH

    This flat/maisonette leasehold property on Margaret Road last sold in August 2017 for £160,000. Based on price growth in the RM2 district since then, its estimated current value is £171,022 — placing it in the 17th percentile nationally and the 2nd percentile within RM2. The property covers 39 m² (420 sq ft), giving an estimated value of £4,385 per m². The EPC rating is C, with a potential rating of C.

    Type

    Flat/Maisonette

    Tenure

    Leasehold

    Floor Area

    420 sq ft

    39 m²

    Last Sale Price

    £160,000

    Aug 2017

    Estimated Valuation

    £171,022

    Est. £/sq ft

    £407/sq ft

    £4,385/m²

    Property Details

    TypeFlat/Maisonette
    TenureLeasehold
    Built formEnclosed End-Terrace
    Construction ageEngland and Wales: 1950-1966
    Habitable rooms2
    Main fuelmains gas (not community)
    EPC currentC
    EPC potentialC
    Floor area420 sq ft (39 m²)
    EPC dateJun 2021
    WallsCavity wall, as built, insulated (assumed)
    HeatingBoiler and radiators, mains gas

    Transaction History

    31 Aug 2017

    £160,000

    Key Metrics

    Estimated valuation£171,022
    Value per sq ft / m²£407/sq ft (£4,385/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    RM2 district percentile2nd percentile
    National percentile17th percentile

    District Context — RM2

    RM2 covers parts of east London, including areas around Hornchurch and Upminster in the London Borough of Havering. The district is characterised by suburban residential neighbourhoods with good transport links and a family-oriented appeal.

    Average Property Price - RM2

    £554,481

    86

    National percentile

    Average Net Household Income - RM2

    £52,919

    93

    National percentile

    10-Year Annualised Price Growth - RM2

    3.4%

    41

    National percentile

    10-Year Annualised Rent Growth - RM

    4.4%

    80

    National percentile

    View full analysis for RM2

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