Flat 16 The Squires, 243 London Road

    FLAT 16 THE SQUIRES, 243, LONDON ROAD, ROMFORD, RM7 9JX

    This flat/maisonette leasehold property on London Road last sold in September 2022 for £220,000. Based on price growth in the RM7 district since then, its estimated current value is £224,432 — placing it in the 31st percentile nationally and the 9th percentile within RM7. The property covers 42 m² (452 sq ft), giving an estimated value of £5,344 per m². The EPC rating is C, with a potential rating of C.

    Type

    Flat/Maisonette

    Tenure

    Leasehold

    Floor Area

    452 sq ft

    42 m²

    Last Sale Price

    £220,000

    Sept 2022

    Estimated Valuation

    £224,432

    Est. £/sq ft

    £496/sq ft

    £5,344/m²

    Property Details

    TypeFlat/Maisonette
    TenureLeasehold
    Built formEnd-Terrace
    Construction ageEngland and Wales: 1996-2002
    Habitable rooms2
    Main fuelmains gas (not community)
    EPC currentC
    EPC potentialC
    Floor area452 sq ft (42 m²)
    EPC dateFeb 2018
    WallsCavity wall, as built, insulated (assumed)
    HeatingBoiler and radiators, mains gas

    Transaction History

    7 Sept 2022

    £220,000

    27 Apr 2018

    £230,000

    26 Sept 2013

    £135,000

    28 Feb 2008

    £154,500

    18 Mar 2004

    £138,500

    24 Nov 2000

    £70,000

    3 Dec 1999

    £67,000

    Key Metrics

    Estimated valuation£224,432
    Value per sq ft / m²£496/sq ft (£5,344/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    RM7 district percentile9th percentile
    National percentile31st 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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