22 Philan Way

    22, PHILAN WAY, ROMFORD, RM5 3YT

    This flat/maisonette leasehold property on Philan Way last sold in August 2010 for £144,000. Based on price growth in the RM5 district since then, its estimated current value is £263,535 — placing it in the 41st percentile nationally and the 8th percentile within RM5. The property covers 57 m² (614 sq ft), giving an estimated value of £4,623 per m². The EPC rating is E, with a potential rating of D.

    Type

    Flat/Maisonette

    Tenure

    Leasehold

    Floor Area

    614 sq ft

    57 m²

    Last Sale Price

    £144,000

    Aug 2010

    Estimated Valuation

    £263,535

    Est. £/sq ft

    £429/sq ft

    £4,623/m²

    Property Details

    TypeFlat/Maisonette
    TenureLeasehold
    Built formSemi-Detached
    Construction ageEngland and Wales: 1967-1975
    Habitable rooms3
    Main fuelelectricity (not community)
    EPC currentE
    EPC potentialD
    Floor area614 sq ft (57 m²)
    EPC dateAug 2014
    WallsCavity wall, as built, no insulation (assumed)
    HeatingElectric storage heaters

    Transaction History

    23 Aug 2010

    £144,000

    30 Sept 2005

    £139,995

    Key Metrics

    Estimated valuation£263,535
    Value per sq ft / m²£429/sq ft (£4,623/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    RM5 district percentile8th percentile
    National percentile41st 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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