1 James Close

    1, JAMES CLOSE, ROMFORD, RM2 5UD

    This detached freehold property on James Close last sold in March 2022 for £495,000. Based on price growth in the RM2 district since then, its estimated current value is £502,802 — placing it in the 79th percentile nationally and the 40th percentile within RM2. The property covers 100 m² (1,076 sq ft), giving an estimated value of £5,028 per m². The EPC rating is E, with a potential rating of D.

    Type

    Detached

    Tenure

    Freehold

    Floor Area

    1,076 sq ft

    100 m²

    Last Sale Price

    £495,000

    Mar 2022

    Estimated Valuation

    £502,802

    Est. £/sq ft

    £467/sq ft

    £5,028/m²

    Property Details

    TypeDetached
    TenureFreehold
    Built formDetached
    Construction ageEngland and Wales: 1950-1966
    Habitable rooms5
    Main fuelmains gas (not community)
    EPC currentE
    EPC potentialD
    Floor area1,076 sq ft (100 m²)
    EPC dateJul 2021
    WallsCavity wall, as built, no insulation (assumed)
    HeatingBoiler and radiators, mains gas

    Transaction History

    18 Mar 2022

    £495,000

    Key Metrics

    Estimated valuation£502,802
    Value per sq ft / m²£467/sq ft (£5,028/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    RM2 district percentile40th percentile
    National percentile79th 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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