Flat 2 Auction Square Market Place

    FLAT 2 AUCTION SQUARE, MARKET PLACE, ABRIDGE, ROMFORD, RM4 1UA

    This flat/maisonette leasehold property on Market Place last sold in July 2023 for £310,000. Based on price growth in the RM4 district since then, its estimated current value is £685,263 — placing it in the 90th percentile nationally and the 52nd percentile within RM4. The property covers 56 m² (603 sq ft), giving an estimated value of £12,237 per m². The EPC rating is E, with a potential rating of E.

    Type

    Flat/Maisonette

    Tenure

    Leasehold

    Floor Area

    603 sq ft

    56 m²

    Last Sale Price

    £310,000

    Jul 2023

    Estimated Valuation

    £685,263

    Est. £/sq ft

    £1,137/sq ft

    £12,237/m²

    Property Details

    TypeFlat/Maisonette
    TenureLeasehold
    Built formDetached
    Construction age2022
    Habitable roomsNot available
    Main fuelElectricity: electricity, unspecified tariff
    EPC currentE
    EPC potentialE
    Floor area603 sq ft (56 m²)
    EPC dateSept 2022
    WallsAverage thermal transmittance 0.29 W/m²K
    HeatingRoom heaters, electric

    Transaction History

    26 Jul 2023

    £310,000

    Key Metrics

    Estimated valuation£685,263
    Value per sq ft / m²£1,137/sq ft (£12,237/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    RM4 district percentile52nd percentile
    National percentile90th percentile

    District Context — RM4

    RM4 covers areas in East London, positioned in the eastern reaches of Greater London. The district is characterised by suburban residential communities with a strong owner-occupier presence and mixed professional and managerial employment.

    Average Property Price - RM4

    £658,460

    92

    National percentile

    Average Net Household Income - RM4

    £47,839

    83

    National percentile

    10-Year Annualised Price Growth - RM4

    2.6%

    19

    National percentile

    10-Year Annualised Rent Growth - RM

    4.4%

    80

    National percentile

    View full analysis for RM4

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