24A Margaret Road, Romford, RM2 5SH is a leasehold flat built between 1930-1949. The property offers approximately 549 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 £248,077 , which equates to approximately £452 per square foot. It was last sold on 17 Apr 2019 for £215,000. Since then, the value has increased by £33,077, representing a 15.4% increase, or approximately 2.3% per year.

The current estimated value of £248,077 is:

  • 44.0% lower than the average property price on Margaret Road
  • 41.4% lower than the average in the RM2 5SH postcode area
  • and 44.7% lower than the average price for Romford as a whole

This property has had 2 EPC inspections with recorded tenure information. It was recorded once as rented and once as owner-occupied, indicating a change in how it was used over time.

At the most recent EPC inspection on 29 April 2022, the property was recorded as rented.

View sold house prices in RM2 5SH

Building approximate location

About Property

Type
Flat
Built
1930-1949
Interior Size
549 sq ft
Tenure
Leasehold
Floor level
1st floor
Price (estimate)
£248,077
Price Per sq ft (estimate)
£452
Bedroom Count (estimate)
1 bedroom

EPC Summary

24A Margaret Road, Romford, Havering, Greater London, RM2 5SH has an Energy Performance Certificate (EPC) rating of D, based on the latest assessment carried out on 29 Apr 2022.

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 27 May 2011. The rating of D remains the same, but the energy efficiency score improved by 1.5%.

Since the previous assessment, several changes were observed:

  • The lighting was updated from no low energy lighting to low energy lighting in all fixed outlets, with efficiency improving from very poor 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
Fully double glazed
Average
Lighting
Low energy lighting in all fixed outlets
Very Good

Compared to RM2 5SH

19 th / 21
Price Rank
41% lower than average
15 th / 16
Size Rank
43% smaller than average
9 th / 16
Price Per Sq FT Rank
3% higher than average

Compared to other properties in RM2 5SH , this flat's estimated value ranks 19th out of 21. Based on price per square foot, it ranks 9th out of 16 properties. In terms of size, this home ranks 15th out of 16 properties in its postcode area.

Sale History

Today
£248,077
streetscan.co.uk estimate
+15 %
17 Apr 2019
£215,000
Leasehold

Area Insights

Nearby Properties

rooms: 2
size: 420 sq ft
sale price: £160,000
sale date: 31 Aug 2017
rooms: 5
size: 1141 sq ft
sale price: £500,000
sale date: 15 Jun 2022
rooms: 5
size: 936 sq ft
sale price: £421,000
sale date: 21 Feb 2017
rooms: 5
size: 1066 sq ft
sale price: £375,000
sale date: 28 Jan 2022
rooms: 4
size: 1023 sq ft
sale price: £175,000
sale date: 24 Jul 2014

Data Sources

The property at 24A Margaret Road, Romford, Havering, Greater London, RM2 5SH appears once in the Land Registry records, with the transaction recorded on 17 Apr 2019. It also has two Energy Performance Certificates (EPC) entries, the earliest dating back to 29 Apr 2022. 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.