24, Merritt House Frazer Close, Romford, RM1 2DE is a leasehold flat built between 1983-1990. The property offers approximately 484 square feet of living space and is situated on the 2nd floor. In this location, apartments of similar size usually have one bedroom.

The estimated current market value of the property is £136,218 , which equates to approximately £281 per square foot. It was last sold on 18 Jun 2021 for £125,000. Since then, the value has increased by £11,218, representing a 9.0% increase, or approximately 2.0% per year.

The current estimated value of £136,218 is:

  • 32.4% lower than the average property price on Frazer Close
  • 6.5% lower than the average in the RM1 2DE postcode area
  • and 69.6% 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 17 November 2020, 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
484 sq ft
Tenure
Leasehold
Floor level
2nd floor
Price (estimate)
£136,218
Price Per sq ft (estimate)
£281
Bedroom Count (estimate)
1 bedroom

EPC Summary

24, Merritt House Frazer Close, Romford, Havering, Greater London, RM1 2DE has an Energy Performance Certificate (EPC) rating of D, based on the latest assessment carried out on 17 Nov 2020.

This property uses electric storage heaters as its main heating source. Hot water is provided from off-peak electric immersion heater. The windows have partial secondary glazing.

The previous EPC assessment was conducted on 26 Mar 2010. The rating of D remains the same, but the energy efficiency score improved by 1.6%.

Since the previous assessment, several changes were observed:

  • The heating system changed from electric storage heaters to electric storage heaters, electric storage heaters, with no change in energy efficiency (poor).
  • The hot water energy efficiency improving from very poor to average, while the system remained as electric immersion, off-peak.
  • The roof construction or insulation changed from pitched, 50 mm loft insulation to pitched, 100 mm loft insulation, improving energy efficiency from poor to average.
  • The windows were upgraded from full secondary glazing to partial secondary glazing.
  • The lighting was updated from no low energy lighting to low energy lighting in 20% of fixed outlets, with efficiency improving from very poor to poor.
Heating Type
Electric storage heaters, Electric storage heaters
Poor
Hot Water
Electric immersion, off-peak
Average
Roof
Pitched, 100 mm loft insulation
Average
Walls
Cavity wall, as built, insulated (assumed)
Good
Windows
Partial secondary glazing
Poor
Lighting
Low energy lighting in 20% of fixed outlets
Poor

Compared to RM1 2DE

16 th / 32
Price Rank
6% lower than average
18 th / 30
Size Rank
4% smaller than average
13 th / 30
Price Per Sq FT Rank
2% lower than average

Compared to other properties in RM1 2DE , this flat's estimated value ranks 16th out of 32. Based on price per square foot, it ranks 13th out of 30 properties. In terms of size, this home ranks 18th out of 30 properties in its postcode area.

Sale History

Today
£136,218
streetscan.co.uk estimate
+9 %
18 Jun 2021
£125,000
Leasehold
-3.8 %
28 Feb 2020
£130,000
Leasehold
+48.6 %
21 Jul 2010
£87,500
Leasehold
+59.1 %
9 Sep 1999
£55,000
Leasehold

Area Insights

Similar Properties Sold Nearby

rooms: 2
size: 484 sq ft
sale price: £79,500
sale date: 30 Apr 2024
rooms: 2
size: 495 sq ft
sale price: £90,000
sale date: 10 May 2023
rooms: 3
size: 549 sq ft
sale price: £115,000
sale date: 31 Mar 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 24, Merritt House Frazer Close, Romford, RM1 2DE appears four times in the Land Registry records, with the latest transaction recorded on 18 Jun 2021. It also has two Energy Performance Certificates (EPC) entries, the earliest dating back to 17 Nov 2020. 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.