Flat 4 Oaklands House Oakwood Close

    FLAT 4 OAKLANDS HOUSE, OAKWOOD CLOSE, ROMFORD, RM3 8FL

    This flat/maisonette leasehold property on Oakwood Close last sold in March 2023 for £270,000. Based on price growth in the RM3 district since then, its estimated current value is £274,266 — placing it in the 43rd percentile nationally and the 14th percentile within RM3. The property covers 61 m² (657 sq ft), giving an estimated value of £4,496 per m². The EPC rating is B, with a potential rating of B.

    Type

    Flat/Maisonette

    Tenure

    Leasehold

    Floor Area

    657 sq ft

    61 m²

    Last Sale Price

    £270,000

    Mar 2023

    Estimated Valuation

    £274,266

    Est. £/sq ft

    £418/sq ft

    £4,496/m²

    Property Details

    TypeFlat/Maisonette
    TenureLeasehold
    Built formDetached
    Construction ageEngland and Wales: 2007-2011
    Habitable rooms3
    Main fuelmains gas (not community)
    EPC currentB
    EPC potentialB
    Floor area657 sq ft (61 m²)
    EPC dateMar 2015
    WallsCavity wall, as built, insulated (assumed)
    HeatingBoiler and radiators, mains gas

    Transaction History

    24 Mar 2023

    £270,000

    Key Metrics

    Estimated valuation£274,266
    Value per sq ft / m²£418/sq ft (£4,496/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    RM3 district percentile14th percentile
    National percentile43rd 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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