18 Matthews Close

    18, MATTHEWS CLOSE, ROMFORD, RM3 0DN

    This flat/maisonette leasehold property on Matthews Close last sold in January 2020 for £135,000. Based on price growth in the RM3 district since then, its estimated current value is £141,340 — placing it in the 11th percentile nationally and the 1st percentile within RM3. The property covers 26 m² (280 sq ft), giving an estimated value of £5,436 per m². The EPC rating is C, with a potential rating of B.

    Type

    Flat/Maisonette

    Tenure

    Leasehold

    Floor Area

    280 sq ft

    26 m²

    Last Sale Price

    £135,000

    Jan 2020

    Estimated Valuation

    £141,340

    Est. £/sq ft

    £505/sq ft

    £5,436/m²

    Property Details

    TypeFlat/Maisonette
    TenureLeasehold
    Built formEnclosed End-Terrace
    Construction ageEngland and Wales: 1983-1990
    Habitable rooms1
    Main fuelelectricity (not community)
    EPC currentC
    EPC potentialB
    Floor area280 sq ft (26 m²)
    EPC dateApr 2019
    WallsCavity wall, as built, insulated (assumed)
    HeatingElectric storage heaters

    Transaction History

    28 Jan 2020

    £135,000

    Key Metrics

    Estimated valuation£141,340
    Value per sq ft / m²£505/sq ft (£5,436/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    RM3 district percentile1st percentile
    National percentile11th percentile

    District Context — RM3

    RM3 covers Hornchurch and Upminster in east London, sitting within the outer eastern suburbs of the capital. The area is predominantly residential and family-oriented, with a mix of suburban character and good transport links.

    Average Property Price - RM3

    £406,768

    68

    National percentile

    Average Net Household Income - RM3

    £44,379

    74

    National percentile

    10-Year Annualised Price Growth - RM3

    3.7%

    53

    National percentile

    10-Year Annualised Rent Growth - RM

    4.4%

    80

    National percentile

    View full analysis for RM3

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