40 Chelmsford Avenue

    40, CHELMSFORD AVENUE, ROMFORD, ROMFORD, RM5 3XJ

    This terraced leasehold property on Chelmsford Avenue last sold in July 2006 for £158,000. Based on price growth in the RM5 district since then, its estimated current value is £340,837 — placing it in the 57th percentile nationally and the 15th percentile within RM5. The property covers 62 m² (667 sq ft), giving an estimated value of £5,497 per m². The EPC rating is C, with a potential rating of C.

    Type

    Terraced

    Tenure

    Leasehold

    Floor Area

    667 sq ft

    62 m²

    Last Sale Price

    £158,000

    Jul 2006

    Estimated Valuation

    £340,837

    Est. £/sq ft

    £511/sq ft

    £5,497/m²

    Property Details

    TypeTerraced
    TenureLeasehold
    Built formEnd-Terrace
    Construction ageEngland and Wales: 1950-1966
    Habitable rooms3
    Main fuelmains gas (not community)
    EPC currentC
    EPC potentialC
    Floor area667 sq ft (62 m²)
    EPC dateSept 2014
    WallsCavity wall, filled cavity
    HeatingBoiler and radiators, mains gas

    Transaction History

    24 Jul 2006

    £158,000

    26 May 2005

    £148,000

    Key Metrics

    Estimated valuation£340,837
    Value per sq ft / m²£511/sq ft (£5,497/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    RM5 district percentile15th percentile
    National percentile57th 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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