Flat 31 Wave Court Maxwell Road

    FLAT 31 WAVE COURT, MAXWELL ROAD, ROMFORD, RM7 0FA

    This flat/maisonette leasehold property on Maxwell Road last sold in October 2016 for £302,000. Based on price growth in the RM7 district since then, its estimated current value is £345,675 — placing it in the 58th percentile nationally and the 28th percentile within RM7. The property covers 65 m² (700 sq ft), giving an estimated value of £5,318 per m². The EPC rating is C, with a potential rating of C.

    Type

    Flat/Maisonette

    Tenure

    Leasehold

    Floor Area

    700 sq ft

    65 m²

    Last Sale Price

    £302,000

    Oct 2016

    Estimated Valuation

    £345,675

    Est. £/sq ft

    £494/sq ft

    £5,318/m²

    Property Details

    TypeFlat/Maisonette
    TenureLeasehold
    Built formEnd-Terrace
    Construction ageEngland and Wales: 2007 onwards
    Habitable rooms3
    Main fuelbiomass (community)
    EPC currentC
    EPC potentialC
    Floor area700 sq ft (65 m²)
    EPC dateFeb 2014
    WallsCavity wall, as built, insulated (assumed)
    HeatingCommunity scheme

    Transaction History

    19 Oct 2016

    £302,000

    2 Apr 2015

    £230,000

    Key Metrics

    Estimated valuation£345,675
    Value per sq ft / m²£494/sq ft (£5,318/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    RM7 district percentile28th percentile
    National percentile58th percentile

    District Context — RM7

    RM7 covers areas in east London, situated within the broader Romford postcode region. The district is characterised by suburban residential neighbourhoods with a family-oriented demographic and mix of owner-occupied and rental properties.

    Average Property Price - RM7

    £410,811

    69

    National percentile

    Average Net Household Income - RM7

    £49,346

    87

    National percentile

    10-Year Annualised Price Growth - RM7

    5.2%

    91

    National percentile

    10-Year Annualised Rent Growth - RM

    4.4%

    80

    National percentile

    View full analysis for RM7

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