16 Margaret Road, Romford, RM2 5SH is a freehold terraced property built before 1900. The property offers approximately 1,023 square feet of living space. In this location, properties of similar size usually have three bedrooms.

The estimated current market value of the property is £298,202 , which equates to approximately £292 per square foot. It was last sold on 24 Jul 2014 for £175,000. Since then, the value has increased by £123,202, representing a 70.4% increase, or approximately 6.2% per year.

The current estimated value of £298,202 is:

  • 32.7% lower than the average property price on Margaret Road
  • 29.6% lower than the average in the RM2 5SH postcode area
  • and 33.5% lower than the average price for Romford as a whole

At the most recent EPC inspection on 8 July 2014, the property was recorded as owner-occupied.

View sold house prices in RM2 5SH

Building approximate location

About Property

Type
Terraced House
Built
before 1900
Interior Size
1023 sq ft
Tenure
Freehold
Price (estimate)
£298,202
Price Per sq ft (estimate)
£292
Bedroom Count (estimate)
3 bedrooms

EPC Summary

16 Margaret Road, Romford, Havering, Greater London Authority, RM2 5SH has an Energy Performance Certificate (EPC) rating of F, based on the latest assessment carried out on 8 Jul 2014.

This property uses a wood log-fired boiler with radiators as its main heating source. The windows are single glazed.

Heating Type
Boiler and radiators, wood logs
Poor
Hot Water
No system present: electric immersion assumed
Very Poor
Roof
Pitched, 100 mm loft insulation
Average
Walls
Solid brick, as built, no insulation (assumed)
Very Poor
Windows
Single glazed
Very Poor
Lighting
Low energy lighting in 45% of fixed outlets
Good

Compared to RM2 5SH

18 th / 21
Price Rank
30% lower than average
8 th / 16
Size Rank
6% bigger than average
14 th / 16
Price Per Sq FT Rank
34% lower than average

Compared to other properties in RM2 5SH , this house's estimated value ranks 18th out of 21. Based on price per square foot, it ranks 14th out of 16 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 8th out of 16 properties in its postcode area.

Sale History

Today
£298,202
streetscan.co.uk estimate
+70 %
24 Jul 2014
£175,000
Leasehold

Area Insights

Similar Properties Sold Nearby

rooms: 5
size: 1141 sq ft
sale price: £500,000
sale date: 15 Jun 2022
rooms: 5
size: 1066 sq ft
sale price: £375,000
sale date: 28 Jan 2022
rooms: 4
size: 1023 sq ft
sale price: £392,500
sale date: 10 Nov 2020
rooms: 5
size: 947 sq ft
sale price: £346,000
sale date: 17 Oct 2019
rooms: 5
size: 936 sq ft
sale price: £421,000
sale date: 21 Feb 2017

Data Sources

The property at 16 Margaret Road, Romford, Havering, Greater London Authority, RM2 5SH appears once in the Land Registry records, with the transaction recorded on 24 Jul 2014. It also has a single Energy Performance Certificate (EPC) from 8 Jul 2014. 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.