24 Olive Street, Romford, RM7 7DS is a freehold terraced property built between 1900-1929. The property offers approximately 1,141 square feet of living space. In this location, properties of similar size usually have four bedrooms.

The estimated current market value of the property is £498,747 , which equates to approximately £437 per square foot. It was last sold on 3 Oct 2022 for £487,000. Since then, the value has increased by £11,747, representing a 2.4% increase, or approximately 0.8% per year.

The current estimated value of £498,747 is:

  • 2.5% higher than the average property price on Olive Street
  • 6.1% higher than the average in the RM7 7DS postcode area
  • and 11.2% 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 7 April 2021, the property was recorded as owner-occupied.

View sold house prices in RM7 7DS

Building approximate location

About Property

Type
Terraced House
Built
1900-1929
Interior Size
1141 sq ft
Tenure
Freehold
Price (estimate)
£498,747
Price Per sq ft (estimate)
£437
Bedroom Count (estimate)
4 bedrooms

EPC Summary

24 Olive Street, Romford, Havering, Greater London, RM7 7DS has an Energy Performance Certificate (EPC) rating of E, based on the latest assessment carried out on 7 Apr 2021.

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 21 Apr 2009, when the property was rated D. The current rating of E reflects a decline in energy efficiency of 3.6%.

Since the previous assessment, several changes were observed:

  • The roof construction or insulation changed from flat, insulated (assumed) to pitched, 250 mm loft insulation, improving energy efficiency from average to good.
  • The wall construction or insulation changed from solid brick, as built, insulated (assumed) to solid brick, as built, no insulation (assumed), changing energy efficiency from good to very poor.
  • The lighting was updated from low energy lighting in 25% of fixed outlets to low energy lighting in 53% of fixed outlets, with efficiency improving from average to good.
Heating Type
Boiler and radiators, mains gas
Good
Hot Water
From main system
Good
Roof
Pitched, 250 mm loft insulation
Good
Walls
Solid brick, as built, no insulation (assumed)
Very Poor
Windows
Fully double glazed
Good
Lighting
Low energy lighting in 53% of fixed outlets
Good

Compared to RM7 7DS

11 th / 17
Price Rank
6% higher than average
7 th / 15
Size Rank
2% bigger than average
10 th / 15
Price Per Sq FT Rank
4% higher than average

Compared to other properties in RM7 7DS , this house's estimated value ranks 11th out of 17. Based on price per square foot, it ranks 10th out of 15 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 7th out of 15 properties in its postcode area.

Sale History

Today
£498,747
streetscan.co.uk estimate
+2 %
3 Oct 2022
£487,000
Leasehold
+62.3 %
17 Jul 2015
£300,000
Leasehold
+39.5 %
4 Jun 2010
£215,000
Leasehold

Area Insights

Similar Properties Sold Nearby

rooms: 5
size: 1184 sq ft
sale price: £425,000
sale date: 31 Aug 2021
rooms: 5
size: 1163 sq ft
sale price: £410,000
sale date: 11 Nov 2016
rooms: 5
size: 1023 sq ft
sale price: £392,500
sale date: 5 Oct 2016

Data Sources

The property at 24 Olive Street, Romford, RM7 7DS appears three times in the Land Registry records, with the latest transaction recorded on 3 Oct 2022. It also has two Energy Performance Certificates (EPC) entries, the earliest dating back to 7 Apr 2021. 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.