17 Margaret Close

    17, MARGARET CLOSE, ROMFORD, RM2 5SJ

    This terraced freehold property on Margaret Close last sold in February 2019 for £475,000. Based on price growth in the RM2 district since then, its estimated current value is £561,782 — placing it in the 84th percentile nationally and the 50th percentile within RM2. The property covers 90 m² (969 sq ft), giving an estimated value of £6,242 per m². The EPC rating is D, with a potential rating of B.

    Type

    Terraced

    Tenure

    Freehold

    Floor Area

    969 sq ft

    90 m²

    Last Sale Price

    £475,000

    Feb 2019

    Estimated Valuation

    £561,782

    Est. £/sq ft

    £580/sq ft

    £6,242/m²

    Property Details

    TypeTerraced
    TenureFreehold
    Built formSemi-Detached
    Construction ageEngland and Wales: 1930-1949
    Habitable rooms5
    Main fuelmains gas (not community)
    EPC currentD
    EPC potentialB
    Floor area969 sq ft (90 m²)
    EPC dateDec 2017
    WallsSolid brick, as built, no insulation (assumed)
    HeatingBoiler and radiators, mains gas

    Transaction History

    8 Feb 2019

    £475,000

    9 Jun 2006

    £249,995

    25 Oct 2004

    £243,000

    Key Metrics

    Estimated valuation£561,782
    Value per sq ft / m²£580/sq ft (£6,242/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    RM2 district percentile50th percentile
    National percentile84th 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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