16 Marwell Close, Romford, RM1 2TE is a leasehold flat built between 1983-1990. The property offers approximately 549 square feet of living space and is situated on the 1st floor. In this location, apartments of similar size usually have one bedroom.

The estimated current market value of the property is £242,857 , which equates to approximately £442 per square foot. It was last sold on 28 Jun 2024 for £230,000. Since then, the value has increased by £12,857, representing a 5.6% increase, or approximately 3.9% per year.

The current estimated value of £242,857 is:

  • 3.1% lower than the average property price on Marwell Close
  • 0.5% lower than the average in the RM1 2TE postcode area
  • and 45.9% lower than the average price for Romford as a whole

At the most recent EPC inspection on 18 December 2023, the property was recorded as owner-occupied.

View sold house prices in RM1 2TE

Building approximate location

About Property

Type
Flat
Built
1983-1990
Interior Size
549 sq ft
Tenure
Leasehold
Floor level
1st floor
Price (estimate)
£242,857
Price Per sq ft (estimate)
£442
Bedroom Count (estimate)
1 bedroom

EPC Summary

16 Marwell Close, Romford, Havering, Greater London, RM1 2TE has an Energy Performance Certificate (EPC) rating of C, based on the latest assessment carried out on 18 Dec 2023.

This property uses electric room heaters as its main heating source. Hot water is provided from off-peak electric immersion heater. The windows are single glazed.

The previous EPC assessment was conducted on 31 Oct 2013. The rating of C is unchanged, though the energy efficiency score decreased by 9%.

Since the previous assessment, several changes were observed:

  • The heating system was upgraded from electric storage heaters to room heaters, electric, changing energy efficiency from average to very poor.
  • The hot water energy efficiency changing from average to poor, while the system remained as electric immersion, off-peak.
Heating Type
Room heaters, electric
Very Poor
Hot Water
Electric immersion, off-peak
Poor
Walls
Cavity wall, as built, insulated (assumed)
Good
Windows
Single glazed
Very Poor
Lighting
Low energy lighting in all fixed outlets
Very Good

Compared to RM1 2TE

10 th / 40
Price Rank
0% same as average
11 th / 39
Size Rank
12% bigger than average
30 th / 39
Price Per Sq FT Rank
11% lower than average

Compared to other properties in RM1 2TE , this flat's estimated value ranks 10th out of 40. Based on price per square foot, it ranks 30th out of 39 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 11th out of 39 properties in its postcode area.

Sale History

Today
£242,857
streetscan.co.uk estimate
+6 %
28 Jun 2024
£230,000
Leasehold
+54.4 %
21 Jun 2006
£149,000
Leasehold
+12.5 %
24 Oct 2003
£132,500
Leasehold
+32.5 %
20 Dec 2001
£99,999
Leasehold

Area Insights

Similar Properties Sold Nearby

rooms: 3
size: 506 sq ft
sale price: £280,000
sale date: 23 Aug 2023
rooms: 3
size: 560 sq ft
sale price: £225,000
sale date: 30 Jul 2021
rooms: 3
size: 602 sq ft
sale price: £260,000
sale date: 10 Jan 2020
rooms: 3
size: 603 sq ft
sale price: £230,000
sale date: 22 Jul 2019
rooms: 3
size: 560 sq ft
sale price: £202,500
sale date: 28 Sep 2018

Data Sources

The property at 16 Marwell Close, Romford, RM1 2TE appears four times in the Land Registry records, with the latest transaction recorded on 28 Jun 2024. It also has two Energy Performance Certificates (EPC) entries, the earliest dating back to 18 Dec 2023. 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.