42 Prospect Place, Romford, RM5 3DS is a leasehold flat built between 1950-1966. The property offers approximately 570 square feet of living space. In this location, apartments of similar size usually have one bedroom.

The estimated current market value of the property is £182,723 , which equates to approximately £320 per square foot. It was last sold on 31 Jan 2022 for £168,750. Since then, the value has increased by £13,973, representing a 8.3% increase, or approximately 2.1% per year.

The current estimated value of £182,723 is:

  • 4.7% higher than the average property price on Prospect Place
  • 11.4% higher than the average in the RM5 3DS postcode area
  • and 59.3% lower than the average price for Romford as a whole

At the most recent EPC inspection on 1 March 2022, the property was recorded as rented.

View sold house prices in RM5 3DS

Building approximate location

About Property

Type
Flat
Built
1950-1966
Interior Size
570 sq ft
Tenure
Leasehold
Price (estimate)
£182,723
Price Per sq ft (estimate)
£320
Bedroom Count (estimate)
1 bedroom

EPC Summary

42 Prospect Place, Romford, Havering, Greater London, RM5 3DS has an Energy Performance Certificate (EPC) rating of D, based on the latest assessment carried out on 1 Mar 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 4 Feb 2014, when the property was rated E. Since then, the rating has improved to D, with the energy efficiency score increasing by 9.4%.

Since the previous assessment, several changes were observed:

  • The hot water energy efficiency improving from average to good, while the system remained as from main system.
  • The wall energy efficiency changing from poor to very poor, with the construction or insulation remaining system built, as built, no insulation (assumed).
  • The lighting was updated from low energy lighting in 17% of fixed outlets to no low energy lighting, with efficiency changing from poor to very poor.
Heating Type
Boiler and radiators, mains gas
Good
Hot Water
From main system
Good
Walls
System built, as built, no insulation (assumed)
Very Poor
Windows
Fully double glazed
Good
Lighting
No low energy lighting
Very Poor

Sale History

Today
£182,723
streetscan.co.uk estimate
+8 %
31 Jan 2022
£168,750
Leasehold
+77.6 %
10 Aug 2004
£95,000
Leasehold

Area Insights

Similar Properties Sold Nearby

31 Prospect Place, Romford, RM5 3DS
rooms: 3
size: 603 sq ft
sale price: £85,000
sale date: 27 Nov 2012

Data Sources

The property at 42 Prospect Place, Romford, RM5 3DS appears two times in the Land Registry records, with the latest transaction recorded on 31 Jan 2022. It also has five Energy Performance Certificates (EPC) entries, the earliest dating back to 1 Mar 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.
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