42 Prospect Place

    42, PROSPECT PLACE, ROMFORD, ROMFORD, RM5 3DS

    This flat/maisonette leasehold property on Prospect Place last sold in August 2004 for £95,000. Based on price growth in the RM5 district since then, its estimated current value is £183,979 — placing it in the 20th percentile nationally and the 2nd percentile within RM5. The property covers 53 m² (570 sq ft), giving an estimated value of £3,471 per m². The EPC rating is D, with a potential rating of C.

    Type

    Flat/Maisonette

    Tenure

    Leasehold

    Floor Area

    570 sq ft

    53 m²

    Last Sale Price

    £95,000

    Aug 2004

    Estimated Valuation

    £183,979

    Est. £/sq ft

    £322/sq ft

    £3,471/m²

    Property Details

    TypeFlat/Maisonette
    TenureLeasehold
    Built formDetached
    Construction ageEngland and Wales: 1950-1966
    Habitable rooms3
    Main fuelmains gas (not community)
    EPC currentD
    EPC potentialC
    Floor area570 sq ft (53 m²)
    EPC dateMar 2022
    WallsSystem built, as built, no insulation (assumed)
    HeatingBoiler and radiators, mains gas

    Transaction History

    10 Aug 2004

    £95,000

    Key Metrics

    Estimated valuation£183,979
    Value per sq ft / m²£322/sq ft (£3,471/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    RM5 district percentile2nd percentile
    National percentile20th 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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