20 Margaret Close, Romford, RM2 5SJ is a freehold terraced property built between 1950-1966. The property offers approximately 958 square feet of living space. In this location, properties of similar size usually have three bedrooms.

The estimated current market value of the property is £473,639 , which equates to approximately £494 per square foot. It was last sold on 24 Mar 2016 for £350,000. Since then, the value has increased by £123,639, representing a 35.3% increase, or approximately 3.6% per year.

The current estimated value of £473,639 is:

  • 4.9% higher than the average property price on Margaret Close
  • 0.6% higher than the average in the RM2 5SJ postcode area
  • and 5.6% higher 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 3 December 2015, the property was recorded as owner-occupied.

View sold house prices in RM2 5SJ

Building approximate location

About Property

Type
Terraced House
Built
1950-1966
Interior Size
958 sq ft
Tenure
Freehold
Price (estimate)
£473,639
Price Per sq ft (estimate)
£494
Bedroom Count (estimate)
3 bedrooms

EPC Summary

20 Margaret Close, Romford, Havering, Greater London Authority, RM2 5SJ has an Energy Performance Certificate (EPC) rating of D, based on the latest assessment carried out on 3 Dec 2015.

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 have partial multiple glazing.

The previous EPC assessment was conducted on 18 Feb 2011. The rating of D remains the same, but the energy efficiency score improved by 12.3%.

Since the previous assessment, several changes were observed:

  • The roof construction or insulation changed from pitched, 25 mm loft insulation to pitched, 100 mm loft insulation, improving energy efficiency from poor to average.
  • The windows were upgraded from mostly double glazing to partial multiple glazing.
  • The lighting was updated from low energy lighting in 58% of fixed outlets to low energy lighting in 78% of fixed outlets, with efficiency improving from good to very good.
Heating Type
Boiler and radiators, mains gas
Good
Hot Water
From main system
Good
Roof
Pitched, 100 mm loft insulation
Average
Walls
Solid brick, as built, no insulation (assumed)
Very Poor
Windows
Partial multiple glazing
Average
Lighting
Low energy lighting in 78% of fixed outlets
Very Good

Compared to RM2 5SJ

6 th / 13
Price Rank
1% higher than average
6 th / 11
Size Rank
5% bigger than average
9 th / 11
Price Per Sq FT Rank
4% lower than average

Compared to other properties in RM2 5SJ , this house's estimated value ranks 6th out of 13. Based on price per square foot, it ranks 9th out of 11 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 6th out of 11 properties in its postcode area.

Sale History

Today
£473,639
streetscan.co.uk estimate
+35 %
24 Mar 2016
£350,000
Leasehold
+89.2 %
18 Apr 2005
£185,000
Leasehold

Area Insights

Similar Properties Sold Nearby

rooms: 4
size: 840 sq ft
sale price: £367,000
sale date: 21 Aug 2019
rooms: 5
size: 969 sq ft
sale price: £475,000
sale date: 8 Feb 2019
rooms: 4
size: 883 sq ft
sale price: £345,000
sale date: 26 Jun 2017
rooms: 5
size: 980 sq ft
sale price: £275,000
sale date: 24 Oct 2014
rooms: 5
size: 1033 sq ft
sale price: £310,000
sale date: 11 Aug 2014

Data Sources

The property at 20 Margaret Close, Romford, RM2 5SJ appears two times in the Land Registry records, with the latest transaction recorded on 24 Mar 2016. It also has two Energy Performance Certificates (EPC) entries, the earliest dating back to 3 Dec 2015. 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.