1 Quarles Close

    1, QUARLES CLOSE, ROMFORD, RM5 2LP

    This terraced freehold property on Quarles Close last sold in November 2021 for £380,000. Based on price growth in the RM5 district since then, its estimated current value is £427,738 — placing it in the 71st percentile nationally and the 44th percentile within RM5. The property covers 86 m² (926 sq ft), giving an estimated value of £4,974 per m². The EPC rating is E, with a potential rating of C.

    Type

    Terraced

    Tenure

    Freehold

    Floor Area

    926 sq ft

    86 m²

    Last Sale Price

    £380,000

    Nov 2021

    Estimated Valuation

    £427,738

    Est. £/sq ft

    £462/sq ft

    £4,974/m²

    Property Details

    TypeTerraced
    TenureFreehold
    Built formEnd-Terrace
    Construction ageEngland and Wales: 1967-1975
    Habitable rooms5
    Main fuelmains gas (not community)
    EPC currentE
    EPC potentialC
    Floor area926 sq ft (86 m²)
    EPC dateJul 2021
    WallsSystem built, as built, no insulation (assumed)
    HeatingWarm air, mains gas

    Transaction History

    12 Nov 2021

    £380,000

    Key Metrics

    Estimated valuation£427,738
    Value per sq ft / m²£462/sq ft (£4,974/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    RM5 district percentile44th percentile
    National percentile71st 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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