Flat 2 Kingsgate House Safflower Lane

    FLAT 2 KINGSGATE HOUSE, SAFFLOWER LANE, ROMFORD, RM3 0LN

    This flat/maisonette leasehold property on Safflower Lane last sold in January 2018 for £427,500. Based on price growth in the RM3 district since then, its estimated current value is £343,692 — placing it in the 58th percentile nationally and the 27th percentile within RM3. The property covers 69 m² (743 sq ft), giving an estimated value of £4,981 per m². The EPC rating is B, with a potential rating of B.

    Type

    Flat/Maisonette

    Tenure

    Leasehold

    Floor Area

    743 sq ft

    69 m²

    Last Sale Price

    £427,500

    Jan 2018

    Estimated Valuation

    £343,692

    Est. £/sq ft

    £463/sq ft

    £4,981/m²

    Property Details

    TypeFlat/Maisonette
    TenureLeasehold
    Built formNot available
    Construction age2016
    Habitable roomsNot available
    Main fuelGas: mains gas
    EPC currentB
    EPC potentialB
    Floor area743 sq ft (69 m²)
    EPC dateSept 2016
    WallsAverage thermal transmittance 0.16 W/m²K
    HeatingBoiler and radiators, mains gas

    Transaction History

    19 Jan 2018

    £427,500

    16 Sept 2016

    New build

    £390,000

    Key Metrics

    Estimated valuation£343,692
    Value per sq ft / m²£463/sq ft (£4,981/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    RM3 district percentile27th percentile
    National percentile58th 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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