2 Merlin Road

    2, MERLIN ROAD, ROMFORD, RM5 3YA

    This detached freehold property on Merlin Road last sold in November 2020 for £360,000. Based on price growth in the RM5 district since then, its estimated current value is £405,469 — placing it in the 68th percentile nationally and the 33rd percentile within RM5. The property covers 81 m² (872 sq ft), giving an estimated value of £5,006 per m². The EPC rating is D, with a potential rating of B.

    Type

    Detached

    Tenure

    Freehold

    Floor Area

    872 sq ft

    81 m²

    Last Sale Price

    £360,000

    Nov 2020

    Estimated Valuation

    £405,469

    Est. £/sq ft

    £465/sq ft

    £5,006/m²

    Property Details

    TypeDetached
    TenureFreehold
    Built formDetached
    Construction ageEngland and Wales: 1930-1949
    Habitable rooms4
    Main fuelmains gas (not community)
    EPC currentD
    EPC potentialB
    Floor area872 sq ft (81 m²)
    EPC dateJun 2020
    WallsSolid brick, as built, no insulation (assumed)
    HeatingBoiler and radiators, mains gas

    Transaction History

    20 Nov 2020

    £360,000

    26 Jul 2007

    £265,000

    25 Aug 2006

    £200,000

    Key Metrics

    Estimated valuation£405,469
    Value per sq ft / m²£465/sq ft (£5,006/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    RM5 district percentile33rd percentile
    National percentile68th 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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