23 Norman Close

    23, NORMAN CLOSE, ROMFORD, RM5 3EJ

    This terraced freehold property on Norman Close last sold in November 2016 for £338,000. Based on price growth in the RM5 district since then, its estimated current value is £425,778 — placing it in the 71st percentile nationally and the 43rd percentile within RM5. The property covers 79 m² (850 sq ft), giving an estimated value of £5,390 per m². The EPC rating is D, with a potential rating of B.

    Type

    Terraced

    Tenure

    Freehold

    Floor Area

    850 sq ft

    79 m²

    Last Sale Price

    £338,000

    Nov 2016

    Estimated Valuation

    £425,778

    Est. £/sq ft

    £501/sq ft

    £5,390/m²

    Property Details

    TypeTerraced
    TenureFreehold
    Built formEnd-Terrace
    Construction ageEngland and Wales: 1930-1949
    Habitable rooms5
    Main fuelmains gas (not community)
    EPC currentD
    EPC potentialB
    Floor area850 sq ft (79 m²)
    EPC dateApr 2016
    WallsSolid brick, as built, no insulation (assumed)
    HeatingBoiler and radiators, mains gas

    Transaction History

    30 Nov 2016

    £338,000

    Key Metrics

    Estimated valuation£425,778
    Value per sq ft / m²£501/sq ft (£5,390/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    RM5 district percentile43rd 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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