2b Merlin Road

    2B, MERLIN ROAD, ROMFORD, RM5 3YA

    This terraced freehold property on Merlin Road last sold in June 2020 for £345,000. Based on price growth in the RM5 district since then, its estimated current value is £399,541 — placing it in the 67th percentile nationally and the 30th percentile within RM5. The property covers 83 m² (893 sq ft), giving an estimated value of £4,814 per m². The EPC rating is D, with a potential rating of B.

    Type

    Terraced

    Tenure

    Freehold

    Floor Area

    893 sq ft

    83 m²

    Last Sale Price

    £345,000

    Jun 2020

    Estimated Valuation

    £399,541

    Est. £/sq ft

    £447/sq ft

    £4,814/m²

    Property Details

    TypeTerraced
    TenureFreehold
    Built formMid-Terrace
    Construction ageEngland and Wales: 1967-1975
    Habitable rooms4
    Main fuelmains gas (not community)
    EPC currentD
    EPC potentialB
    Floor area893 sq ft (83 m²)
    EPC dateNov 2019
    WallsCavity wall, as built, no insulation (assumed)
    HeatingBoiler and radiators, mains gas

    Transaction History

    12 Jun 2020

    £345,000

    28 May 1999

    £75,000

    Key Metrics

    Estimated valuation£399,541
    Value per sq ft / m²£447/sq ft (£4,814/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    RM5 district percentile30th percentile
    National percentile67th 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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