2 Launceston Close

    2, LAUNCESTON CLOSE, ROMFORD, ROMFORD, RM3 8HQ

    This terraced freehold property on Launceston Close last sold in June 2007 for £150,000. Based on price growth in the RM3 district since then, its estimated current value is £321,050 — placing it in the 54th percentile nationally and the 22nd percentile within RM3. The property covers 111 m² (1,195 sq ft), giving an estimated value of £2,892 per m². The EPC rating is C, with a potential rating of B.

    Type

    Terraced

    Tenure

    Freehold

    Floor Area

    1,195 sq ft

    111 m²

    Last Sale Price

    £150,000

    Jun 2007

    Estimated Valuation

    £321,050

    Est. £/sq ft

    £269/sq ft

    £2,892/m²

    Property Details

    TypeTerraced
    TenureFreehold
    Built formMid-Terrace
    Construction ageEngland and Wales: 1967-1975
    Habitable rooms6
    Main fuelmains gas (not community)
    EPC currentC
    EPC potentialB
    Floor area1,195 sq ft (111 m²)
    EPC dateAug 2022
    WallsCavity wall, as built, no insulation (assumed)
    HeatingBoiler and radiators, mains gas

    Transaction History

    29 Jun 2007

    £150,000

    10 Jan 1997

    £48,850

    Key Metrics

    Estimated valuation£321,050
    Value per sq ft / m²£269/sq ft (£2,892/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    RM3 district percentile22nd percentile
    National percentile54th 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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