9 Merlin Close

    9, MERLIN CLOSE, ROMFORD, RM5 3YB

    This terraced freehold property on Merlin Close last sold in August 2016 for £310,000. Based on price growth in the RM5 district since then, its estimated current value is £390,506 — placing it in the 66th percentile nationally and the 26th percentile within RM5. The property covers 89 m² (958 sq ft), giving an estimated value of £4,388 per m². The EPC rating is F, with a potential rating of C.

    Type

    Terraced

    Tenure

    Freehold

    Floor Area

    958 sq ft

    89 m²

    Last Sale Price

    £310,000

    Aug 2016

    Estimated Valuation

    £390,506

    Est. £/sq ft

    £408/sq ft

    £4,388/m²

    Property Details

    TypeTerraced
    TenureFreehold
    Built formEnd-Terrace
    Construction ageEngland and Wales: 1950-1966
    Habitable rooms5
    Main fuelelectricity (not community)
    EPC currentF
    EPC potentialC
    Floor area958 sq ft (89 m²)
    EPC dateAug 2014
    WallsCavity wall, as built, no insulation (assumed)
    HeatingElectric storage heaters

    Transaction History

    3 Aug 2016

    £310,000

    3 Aug 2016

    £310,000

    Key Metrics

    Estimated valuation£390,506
    Value per sq ft / m²£408/sq ft (£4,388/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    RM5 district percentile26th percentile
    National percentile66th 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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