2 Virginia Close

    2, VIRGINIA CLOSE, ROMFORD, RM5 3TE

    This detached freehold property on Virginia Close last sold in January 2013 for £320,000. Based on price growth in the RM5 district since then, its estimated current value is £615,871 — placing it in the 87th percentile nationally and the 95th percentile within RM5. The property covers 116 m² (1,249 sq ft), giving an estimated value of £5,309 per m². The EPC rating is C, with a potential rating of B.

    Type

    Detached

    Tenure

    Freehold

    Floor Area

    1,249 sq ft

    116 m²

    Last Sale Price

    £320,000

    Jan 2013

    Estimated Valuation

    £615,871

    Est. £/sq ft

    £493/sq ft

    £5,309/m²

    Property Details

    TypeDetached
    TenureFreehold
    Built formDetached
    Construction ageEngland and Wales: 1996-2002
    Habitable rooms6
    Main fuelmains gas (not community)
    EPC currentC
    EPC potentialB
    Floor area1,249 sq ft (116 m²)
    EPC dateMar 2022
    WallsCavity wall, as built, insulated (assumed)
    HeatingBoiler and radiators, mains gas

    Transaction History

    25 Jan 2013

    £320,000

    30 Aug 1996

    New build

    £132,500

    Key Metrics

    Estimated valuation£615,871
    Value per sq ft / m²£493/sq ft (£5,309/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    RM5 district percentile95th percentile
    National percentile87th 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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