16 Norman Close

    16, NORMAN CLOSE, ROMFORD, RM5 3EJ

    This terraced freehold property on Norman Close last sold in April 2013 for £223,000. Based on price growth in the RM5 district since then, its estimated current value is £438,536 — placing it in the 72nd percentile nationally and the 50th percentile within RM5. The property covers 88 m² (947 sq ft), giving an estimated value of £4,983 per m². The EPC rating is D, with a potential rating of B.

    Type

    Terraced

    Tenure

    Freehold

    Floor Area

    947 sq ft

    88 m²

    Last Sale Price

    £223,000

    Apr 2013

    Estimated Valuation

    £438,536

    Est. £/sq ft

    £463/sq ft

    £4,983/m²

    Property Details

    TypeTerraced
    TenureFreehold
    Built formMid-Terrace
    Construction ageC
    Habitable rooms5
    Main fuelmains gas (not community)
    EPC currentD
    EPC potentialB
    Floor area947 sq ft (88 m²)
    EPC dateDec 2012
    WallsSolid brick, as built, no insulation (assumed)
    HeatingBoiler and radiators, mains gas

    Transaction History

    5 Apr 2013

    £223,000

    31 Aug 2006

    £195,000

    23 Apr 2002

    £135,000

    27 Jul 1999

    £76,000

    Key Metrics

    Estimated valuation£438,536
    Value per sq ft / m²£463/sq ft (£4,983/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    RM5 district percentile50th percentile
    National percentile72nd 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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