16 Philan Way, Romford, RM5 3YT is a leasehold flat built between 1967-1975. The property offers approximately 614 square feet of living space. In this location, apartments of similar size usually have one bedroom.

The estimated current market value of the property is £288,850 , which equates to approximately £471 per square foot. It was last sold on 5 Oct 2012 for £160,000. Since then, the value has increased by £128,850, representing a 80.5% increase, or approximately 6.1% per year.

The current estimated value of £288,850 is:

  • 14.4% 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 9 June 2014, 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
614 sq ft
Tenure
Leasehold
Price (estimate)
£288,850
Price Per sq ft (estimate)
£471
Bedroom Count (estimate)
1 bedroom

EPC Summary

16 Philan Way, Romford, Havering, Greater London Authority, RM5 3YT has an Energy Performance Certificate (EPC) rating of D, based on the latest assessment carried out on 9 Jun 2014.

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 29 Mar 2012. The rating of D remains the same, but the energy efficiency score improved by 19.6%.

Since the previous assessment, several changes were observed:

  • The heating system was upgraded from electric storage heaters to boiler and radiators, mains gas, improving energy efficiency from average to good.
  • The hot water system was changed from electric immersion, off-peak to from main system, with its energy efficiency improving from poor to good.
  • The windows were upgraded from partial double glazing to fully double glazed.
Heating Type
Boiler and radiators, mains gas
Good
Hot Water
From main system
Good
Walls
Cavity wall, as built, no insulation (assumed)
Poor
Windows
Fully double glazed
Average
Lighting
No low energy lighting
Very Poor

Compared to RM5 3YT

8 th / 14
Price Rank
12% lower than average
9 th / 12
Size Rank
12% smaller than average
6 th / 12
Price Per Sq FT Rank
0% same as average

Compared to other properties in RM5 3YT , this maisonette's estimated value ranks 8th out of 14. Based on price per square foot, it ranks 6th out of 12 properties. In terms of size, this home ranks 9th out of 12 properties in its postcode area.

Sale History

Today
£288,850
streetscan.co.uk estimate
+81 %
5 Oct 2012
£160,000
Leasehold
0 %
5 Oct 2012
£160,000
Leasehold
+244.1 %
30 May 1997
£46,500
Leasehold

Area Insights

Similar Properties Sold Nearby

rooms: 3
size: 689 sq ft
sale price: £270,000
sale date: 4 Mar 2022
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: £144,000
sale date: 23 Aug 2010

Data Sources

The property at 16 Philan Way, Romford, RM5 3YT appears three times in the Land Registry records, with the latest transaction recorded on 5 Oct 2012. It also has two Energy Performance Certificates (EPC) entries, the earliest dating back to 9 Jun 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.