2, Lofthaus Apartments, 47A Market Place, Romford, RM1 3AB is a leasehold flat The property offers approximately 1,324 square feet of living space. In this location, apartments of similar size usually have four bedrooms.

The estimated current market value of the property is £421,053 , which equates to approximately £318 per square foot. It was last sold on 23 May 2022 for £400,000. Since then, the value has increased by £21,053, representing a 5.3% increase, or approximately 1.5% per year.

The current estimated value of £421,053 is:

  • 23.6% lower than the average property price on Market Place
  • 68.4% lower than the average in the RM1 3AB postcode area
  • and 6.1% lower than the average price for Romford as a whole

At the most recent EPC inspection on 20 May 2016, the property was recorded as owner-occupied.

View sold house prices in RM1 3AB

Building approximate location

About Property

Type
Flat
Built
Interior Size
1324 sq ft
Tenure
Leasehold
Price (estimate)
£421,053
Price Per sq ft (estimate)
£318
Bedroom Count (estimate)
4 bedrooms

EPC Summary

2, Lofthaus Apartments, 47A Market Place, Romford, Havering, Greater London Authority, RM1 3AB has an Energy Performance Certificate (EPC) rating of B, based on the latest assessment carried out on 20 May 2016.

This property is heated by a shared community system (community scheme). Community heating means the heat is supplied from a central source serving multiple homes. A community heating scheme is used to provide hot water. The windows are high performance glazing.

Heating Type
Community scheme
Good
Hot Water
Community scheme
Good
Walls
Average thermal transmittance 0.28 W/m-¦K
Very Good
Windows
High performance glazing
Very Good
Lighting
Low energy lighting in all fixed outlets
Very Good

Compared to RM1 3AB

9 th / 16
Price Rank
68% lower than average
3 rd / 8
Size Rank
64% smaller than average
6 th / 8
Price Per Sq FT Rank
11% lower than average

Compared to other properties in RM1 3AB , this flat's estimated value ranks 9th out of 16. Based on price per square foot, it ranks 6th out of 8 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 3rd out of 8 properties in its postcode area.

Sale History

Today
£421,053
streetscan.co.uk estimate
+5 %
23 May 2022
£400,000
Leasehold
+8.8 %
15 Jun 2018
£367,500
Leasehold

Area Insights

Similar Properties Sold Nearby

rooms: 3
size: 1410 sq ft
sale price: £345,000
sale date: 23 Aug 2018
rooms:
size: 1216 sq ft
sale price: £355,000
sale date: 22 Jun 2018

Data Sources

The property at 2, Lofthaus Apartments, 47A Market Place, Romford, RM1 3AB appears two times in the Land Registry records, with the latest transaction recorded on 23 May 2022. It also has a single Energy Performance Certificate (EPC) from 20 May 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.