14 Philan Way, Romford, RM5 3YT is a leasehold flat built between 1967-1975. The property offers approximately 689 square feet of living space and is situated on the 1st floor. In this location, apartments of similar size usually have two bedrooms.

The estimated current market value of the property is £288,982 , which equates to approximately £419 per square foot. It was last sold on 4 Mar 2022 for £270,000. Since then, the value has increased by £18,982, representing a 7.0% increase, or approximately 1.9% per year.

The current estimated value of £288,982 is:

  • 14.3% lower than the average property price on Philan Way
  • 12.1% lower than the average in the RM5 3YT postcode area
  • and 35.6% lower than the average price for Romford as a whole

This property has had 2 EPC inspections with recorded tenure information. It was recorded as owner-occupied both times. This suggests the property has typically been lived in by its owners, which often reflects longer-term residency and more consistent maintenance.

At the most recent EPC inspection on 1 December 2016, the property was recorded as owner-occupied.

View sold house prices in RM5 3YT

Building approximate location

About Property

Type
Semi-Detached Maisonette
Built
1967-1975
Interior Size
689 sq ft
Tenure
Leasehold
Floor level
1st floor
Price (estimate)
£288,982
Price Per sq ft (estimate)
£419
Bedroom Count (estimate)
2 bedrooms

EPC Summary

14 Philan Way, Romford, Havering, Greater London Authority, RM5 3YT has an Energy Performance Certificate (EPC) rating of C, based on the latest assessment carried out on 1 Dec 2016.

This property uses a gas-fired boiler and radiators, connected to the mains gas supply, as its main heating source. Hot water is provided from main heating system. The windows are fully double glazed.

The previous EPC assessment was conducted on 9 Jun 2014. The rating of C remains the same, but the energy efficiency score improved by 5.7%.

Since the previous assessment, several changes were observed:

  • The roof construction or insulation changed from pitched, 300+ mm loft insulation to pitched, 250 mm loft insulation, changing energy efficiency from very good to good.
  • The wall construction or insulation changed from cavity wall, as built, no insulation (assumed) to cavity wall, filled cavity, improving energy efficiency from poor to good.
  • The lighting was updated from low energy lighting in 21% of fixed outlets to low energy lighting in 38% of fixed outlets, with efficiency improving from poor to average.
Heating Type
Boiler and radiators, mains gas
Good
Hot Water
From main system
Good
Roof
Pitched, 250 mm loft insulation
Good
Walls
Cavity wall, filled cavity
Good
Windows
Fully double glazed
Average
Lighting
Low energy lighting in 38% of fixed outlets
Average

Compared to RM5 3YT

7 th / 14
Price Rank
12% lower than average
3 rd / 12
Size Rank
1% smaller than average
8 th / 12
Price Per Sq FT Rank
11% lower than average

Compared to other properties in RM5 3YT , this maisonette's estimated value ranks 7th out of 14. Based on price per square foot, it ranks 8th out of 12 properties. This indicates a lower price per square foot than most, suggesting good value for the space offered. In terms of size, this home ranks 3rd out of 12 properties in its postcode area.

Sale History

Today
£288,982
streetscan.co.uk estimate
+7 %
4 Mar 2022
£270,000
Leasehold
+8 %
9 Mar 2018
£250,000
Leasehold
+129.4 %
31 Mar 2003
£109,000
Leasehold

Area Insights

Similar Properties Sold Nearby

rooms: 3
size: 678 sq ft
sale price: £230,000
sale date: 28 May 2019
rooms: 4
size: 646 sq ft
sale price: £210,000
sale date: 29 Nov 2018
rooms: 3
size: 614 sq ft
sale price: £166,000
sale date: 25 Jul 2014
rooms: 3
size: 614 sq ft
sale price: £160,000
sale date: 5 Oct 2012
rooms: 3
size: 614 sq ft
sale price: £144,000
sale date: 23 Aug 2010

Data Sources

The property at 14 Philan Way, Romford, RM5 3YT appears three times in the Land Registry records, with the latest transaction recorded on 4 Mar 2022. It also has two Energy Performance Certificates (EPC) entries, the earliest dating back to 1 Dec 2016. We use this data, to estimate the property's characteristics and current market value.

This website uses public sector information from:

These datasets are licensed under the Open Government Licence v3.0.
This website is not affiliated with or endorsed by HM Land Registry or DLUHC.


Disclaimer: StreetScan.co.uk makes all reasonable efforts to ensure the information provided on this website is current and accurate; however, no warranties or representations are made as to its completeness or accuracy. StreetScan.co.uk expressly disclaims any and all liability for any loss, damage, or expense arising directly or indirectly from the use of, or reliance upon, such information.