18 Margaret Close

    18, MARGARET CLOSE, ROMFORD, RM2 5SJ

    This terraced freehold property on Margaret Close last sold in October 2014 for £275,000. Based on price growth in the RM2 district since then, its estimated current value is £494,062 — placing it in the 78th percentile nationally and the 39th percentile within RM2. The property covers 91 m² (980 sq ft), giving an estimated value of £5,429 per m². The EPC rating is D, with a potential rating of B.

    Type

    Terraced

    Tenure

    Freehold

    Floor Area

    980 sq ft

    91 m²

    Last Sale Price

    £275,000

    Oct 2014

    Estimated Valuation

    £494,062

    Est. £/sq ft

    £504/sq ft

    £5,429/m²

    Property Details

    TypeTerraced
    TenureFreehold
    Built formMid-Terrace
    Construction ageEngland and Wales: 1950-1966
    Habitable rooms5
    Main fuelmains gas (not community)
    EPC currentD
    EPC potentialB
    Floor area980 sq ft (91 m²)
    EPC dateAug 2014
    WallsSolid brick, as built, no insulation (assumed)
    HeatingBoiler and radiators, mains gas

    Transaction History

    24 Oct 2014

    £275,000

    Key Metrics

    Estimated valuation£494,062
    Value per sq ft / m²£504/sq ft (£5,429/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    RM2 district percentile39th percentile
    National percentile78th 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

    More properties in RM2

    Streets in RM2

    Explore nearby