8 Elm Close

    8, ELM CLOSE, ROMFORD, RM7 8HP

    This terraced freehold property on Elm Close last sold in January 2023 for £510,000. Based on price growth in the RM7 district since then, its estimated current value is £520,009 — placing it in the 81st percentile nationally and the 84th percentile within RM7. The property covers 98 m² (1,055 sq ft), giving an estimated value of £5,306 per m². The EPC rating is B, with a potential rating of B.

    Type

    Terraced

    Tenure

    Freehold

    Floor Area

    1,055 sq ft

    98 m²

    Last Sale Price

    £510,000

    Jan 2023

    Estimated Valuation

    £520,009

    Est. £/sq ft

    £493/sq ft

    £5,306/m²

    Property Details

    TypeTerraced
    TenureFreehold
    Built formEnd-Terrace
    Construction ageEngland and Wales: 1950-1966
    Habitable rooms5
    Main fuelmains gas (not community)
    EPC currentB
    EPC potentialB
    Floor area1,055 sq ft (98 m²)
    EPC dateJun 2022
    WallsCavity wall, filled cavity
    HeatingBoiler and radiators, mains gas

    Transaction History

    10 Jan 2023

    £510,000

    Key Metrics

    Estimated valuation£520,009
    Value per sq ft / m²£493/sq ft (£5,306/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    RM7 district percentile84th percentile
    National percentile81st 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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