24 Melville Road

    24, MELVILLE ROAD, ROMFORD, RM5 2AJ

    This semi-detached freehold property on Melville Road last sold in April 2016 for £392,500. Based on price growth in the RM5 district since then, its estimated current value is £498,692 — placing it in the 79th percentile nationally and the 77th percentile within RM5. The property covers 100 m² (1,076 sq ft), giving an estimated value of £4,987 per m². The EPC rating is F, with a potential rating of C.

    Type

    Semi-Detached

    Tenure

    Freehold

    Floor Area

    1,076 sq ft

    100 m²

    Last Sale Price

    £392,500

    Apr 2016

    Estimated Valuation

    £498,692

    Est. £/sq ft

    £463/sq ft

    £4,987/m²

    Property Details

    TypeSemi-Detached
    TenureFreehold
    Built formSemi-Detached
    Construction ageEngland and Wales: 1930-1949
    Habitable rooms4
    Main fuelmains gas (not community)
    EPC currentF
    EPC potentialC
    Floor area1,076 sq ft (100 m²)
    EPC dateAug 2015
    WallsSolid brick, as built, no insulation (assumed)
    HeatingBoiler and radiators, mains gas

    Transaction History

    26 Apr 2016

    £392,500

    18 Sept 2002

    £189,995

    31 Oct 1997

    £107,000

    Key Metrics

    Estimated valuation£498,692
    Value per sq ft / m²£463/sq ft (£4,987/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    RM5 district percentile77th percentile
    National percentile79th percentile

    District Context — RM5

    RM5 covers areas in east London, forming part of the wider RM postcode region. It is predominantly suburban with a strong owner-occupier focus and a notably young family demographic.

    Average Property Price - RM5

    £441,866

    73

    National percentile

    Average Net Household Income - RM5

    £47,974

    84

    National percentile

    10-Year Annualised Price Growth - RM5

    4.3%

    75

    National percentile

    10-Year Annualised Rent Growth - RM

    4.4%

    80

    National percentile

    View full analysis for RM5

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