16, Merritt House Frazer Close, Romford, RM1 2DE 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 £118,485 , which equates to approximately £216 per square foot. It was last sold on 31 Mar 2023 for £115,000. Since then, the value has increased by £3,485, representing a 3.0% increase, or approximately 1.1% per year.

The current estimated value of £118,485 is:

  • 41.2% lower than the average property price on Frazer Close
  • 18.7% lower than the average in the RM1 2DE postcode area
  • and 73.6% lower than the average price for Romford as a whole

At the most recent EPC inspection on 21 October 2016, the property was recorded as owner-occupied.

View sold house prices in RM1 2DE

Building approximate location

About Property

Type
Flat
Built
1983-1990
Interior Size
549 sq ft
Tenure
Leasehold
Floor level
1st floor
Price (estimate)
£118,485
Price Per sq ft (estimate)
£216
Bedroom Count (estimate)
1 bedroom

EPC Summary

16, Merritt House Frazer Close, Romford, Havering, Greater London Authority, RM1 2DE has an Energy Performance Certificate (EPC) rating of C, based on the latest assessment carried out on 21 Oct 2016.

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

Heating Type
Electric storage heaters
Average
Hot Water
Electric immersion, off-peak
Average
Walls
Cavity wall, as built, insulated (assumed)
Good
Windows
Fully double glazed
Average
Lighting
Low energy lighting in 50% of fixed outlets
Good

Compared to RM1 2DE

28 th / 32
Price Rank
19% lower than average
7 th / 30
Size Rank
9% bigger than average
28 th / 30
Price Per Sq FT Rank
25% lower than average

Compared to other properties in RM1 2DE , this flat's estimated value ranks 28th out of 32. Based on price per square foot, it ranks 28th out of 30 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 7th out of 30 properties in its postcode area.

Sale History

Today
£118,485
streetscan.co.uk estimate
+3 %
31 Mar 2023
£115,000
Leasehold
-15.4 %
28 Mar 2017
£136,000
Leasehold

Area Insights

Similar Properties Sold Nearby

rooms: 2
size: 484 sq ft
sale price: £79,500
sale date: 30 Apr 2024
rooms: 3
size: 581 sq ft
sale price: £105,000
sale date: 1 Dec 2023
rooms: 2
size: 495 sq ft
sale price: £90,000
sale date: 10 May 2023
rooms: 2
size: 506 sq ft
sale price: £105,000
sale date: 30 Jan 2023
rooms: 2
size: 484 sq ft
sale price: £115,000
sale date: 22 Jul 2022

Data Sources

The property at 16, Merritt House Frazer Close, Romford, RM1 2DE appears two times in the Land Registry records, with the latest transaction recorded on 31 Mar 2023. It also has a single Energy Performance Certificate (EPC) from 21 Oct 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.