40 Chelmsford Avenue, Romford, RM5 3XJ is a leasehold terraced property built between 1950-1966. The property offers approximately 667 square feet of living space. In this location, properties of similar size usually have two bedrooms.

The estimated current market value of the property is £341,106 , which equates to approximately £511 per square foot. It was last sold on 24 Jul 2006 for £158,000. Since then, the value has increased by £183,106, representing a 115.9% increase, or approximately 6.0% per year.

The current estimated value of £341,106 is:

  • 27.0% higher than the average property price on Chelmsford Avenue
  • 28.9% higher than the average in the RM5 3XJ postcode area
  • and 24.0% 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 1 September 2014, the property was recorded as owner-occupied.

View sold house prices in RM5 3XJ

Building approximate location

About Property

Type
Flat
Built
1950-1966
Interior Size
667 sq ft
Tenure
Leasehold
Price (estimate)
£341,106
Price Per sq ft (estimate)
£511
Bedroom Count (estimate)
2 bedrooms

EPC Summary

40 Chelmsford Avenue, Romford, Havering, Greater London Authority, RM5 3XJ has an Energy Performance Certificate (EPC) rating of C, based on the latest assessment carried out on 1 Sep 2014.

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 31 Oct 2013, when the property was rated D. Since then, the rating has improved to C, with the energy efficiency score increasing by 16.4%.

Since the previous assessment, several changes were observed:

  • The wall construction or insulation changed from cavity wall, as built, no insulation (assumed) to cavity wall, filled cavity, improving energy efficiency from poor to good.
  • The lighting was updated from low energy lighting in 83% of fixed outlets to no low energy lighting, with efficiency changing from very good to very poor.
Heating Type
Boiler and radiators, mains gas
Good
Hot Water
From main system
Good
Walls
Cavity wall, filled cavity
Good
Windows
Fully double glazed
Good
Lighting
No low energy lighting
Very Poor

Compared to RM5 3XJ

1 st / 22
Price Rank
29% higher than average
16 th / 18
Size Rank
7% smaller than average
1 st / 18
Price Per Sq FT Rank
39% higher than average

Compared to other properties in RM5 3XJ , this flat's estimated value ranks 1st out of 22. Based on price per square foot, it ranks 1st out of 18 properties. This suggests a relatively high price per square foot, which may reflect quality, location, or recent upgrades. In terms of size, this home ranks 16th out of 18 properties in its postcode area.

Sale History

Today
£341,106
streetscan.co.uk estimate
+116 %
24 Jul 2006
£158,000
Leasehold
+6.8 %
26 May 2005
£148,000
Leasehold

Area Insights

Similar Properties Sold Nearby

rooms: 3
size: 743 sq ft
sale price: £152,500
sale date: 21 Aug 2009

Data Sources

The property at 40 Chelmsford Avenue, Romford, RM5 3XJ appears two times in the Land Registry records, with the latest transaction recorded on 24 Jul 2006. It also has two Energy Performance Certificates (EPC) entries, the earliest dating back to 1 Sep 2014. 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.