Flat 8 Lux Building Maxwell Road

    FLAT 8 LUX BUILDING, MAXWELL ROAD, ROMFORD, RM7 0FN

    This flat/maisonette leasehold property on Maxwell Road last sold in November 2020 for £290,000. Based on price growth in the RM7 district since then, its estimated current value is £300,994 — placing it in the 49th percentile nationally and the 23rd percentile within RM7. The property covers 65 m² (700 sq ft), giving an estimated value of £4,631 per m². The EPC rating is B, with a potential rating of B.

    Type

    Flat/Maisonette

    Tenure

    Leasehold

    Floor Area

    700 sq ft

    65 m²

    Last Sale Price

    £290,000

    Nov 2020

    Estimated Valuation

    £300,994

    Est. £/sq ft

    £430/sq ft

    £4,631/m²

    Property Details

    TypeFlat/Maisonette
    TenureLeasehold
    Built formNot available
    Construction age2014
    Habitable roomsNot available
    Main fuelNot available
    EPC currentB
    EPC potentialB
    Floor area700 sq ft (65 m²)
    EPC dateJul 2014
    WallsAverage thermal transmittance 0.24 W/m²K
    HeatingCommunity scheme

    Transaction History

    27 Nov 2020

    £290,000

    25 Sept 2014

    New build

    £175,995

    Key Metrics

    Estimated valuation£300,994
    Value per sq ft / m²£430/sq ft (£4,631/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    RM7 district percentile23rd percentile
    National percentile49th 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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