3 Academy Square, 1 Academy Fields Road

    3 ACADEMY SQUARE, 1, ACADEMY FIELDS ROAD, ROMFORD, RM2 5UE

    This flat/maisonette leasehold property on Academy Fields Road last sold in January 2016 for £340,000. Based on price growth in the RM2 district since then, its estimated current value is £391,052 — placing it in the 66th percentile nationally and the 29th percentile within RM2. The property covers 62 m² (667 sq ft), giving an estimated value of £6,307 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

    £340,000

    Jan 2016

    Estimated Valuation

    £391,052

    Est. £/sq ft

    £586/sq ft

    £6,307/m²

    Property Details

    TypeFlat/Maisonette
    TenureLeasehold
    Built formMid-Terrace
    Construction ageEngland and Wales: 2003-2006
    Habitable rooms3
    Main fuelmains gas (not community)
    EPC currentC
    EPC potentialC
    Floor area667 sq ft (62 m²)
    EPC dateMay 2015
    WallsSolid brick, as built, insulated (assumed)
    HeatingBoiler and radiators, mains gas

    Transaction History

    15 Jan 2016

    £340,000

    24 Sept 2007

    £297,000

    10 Feb 2006

    New build

    £280,000

    Key Metrics

    Estimated valuation£391,052
    Value per sq ft / m²£586/sq ft (£6,307/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    RM2 district percentile29th percentile
    National percentile66th 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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