18, Merritt House Frazer Close, Romford, RM1 2DE is a leasehold flat built between 1991-1995. The property offers approximately 323 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 £367 per square foot. It was last sold on 30 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

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 14 March 2023, the property was recorded as owner-occupied.

View sold house prices in RM1 2DE

Building approximate location

About Property

Type
Flat
Built
1991-1995
Interior Size
323 sq ft
Tenure
Leasehold
Floor level
1st floor
Price (estimate)
£118,485
Price Per sq ft (estimate)
£367
Bedroom Count (estimate)
1 bedroom

EPC Summary

18, Merritt House Frazer Close, Romford, Havering, Greater London, RM1 2DE has an Energy Performance Certificate (EPC) rating of B, based on the latest assessment carried out on 14 Mar 2023.

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.

The previous EPC assessment was conducted on 14 Mar 2011. The rating of B remains the same, but the energy efficiency score improved by 1.2%.

Since the previous assessment, several changes were observed:

  • The main heating energy efficiency improving from poor to average, while the heating system type remained the same (electric storage heaters).
  • The hot water energy efficiency improving from poor to average, while the system remained as electric immersion, off-peak.
  • The lighting was updated from low energy lighting in 33% of fixed outlets to low energy lighting in 83% of fixed outlets, with efficiency improving from average to very good.
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 83% of fixed outlets
Very Good

Compared to RM1 2DE

19 th / 32
Price Rank
19% lower than average
30 th / 30
Size Rank
36% smaller than average
1 st / 30
Price Per Sq FT Rank
27% higher than average

Compared to other properties in RM1 2DE , this flat's estimated value ranks 19th out of 32. Based on price per square foot, it ranks 1st out of 30 properties. This suggests a relatively high price per square foot, which may reflect quality, location, or recent upgrades. In terms of size, this home ranks 30th out of 30 properties in its postcode area.

Sale History

Today
£118,485
streetscan.co.uk estimate
+3 %
30 Mar 2023
£115,000
Leasehold
-3.4 %
26 Aug 2016
£119,000
Leasehold
+40 %
2 Aug 2012
£85,000
Leasehold
-26.7 %
17 Feb 2006
£116,000
Leasehold

Area Insights

Similar Properties Sold Nearby

rooms: 2
size: 312 sq ft
sale price: £176,000
sale date: 18 Dec 2024
rooms: 2
size: 334 sq ft
sale price: £152,000
sale date: 3 Apr 2024
rooms: 2
size: 312 sq ft
sale price: £190,000
sale date: 1 Feb 2023
rooms: 2
size: 312 sq ft
sale price: £110,000
sale date: 22 Oct 2020
rooms: 2
size: 318 sq ft
sale price: £160,000
sale date: 18 Oct 2019

Data Sources

The property at 18, Merritt House Frazer Close, Romford, RM1 2DE appears four times in the Land Registry records, with the latest transaction recorded on 30 Mar 2023. It also has two Energy Performance Certificates (EPC) entries, the earliest dating back to 14 Mar 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.