43 Marwell Close, Romford, RM1 2TE is a leasehold flat built between 1983-1990. The property offers approximately 560 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 £275,367 , which equates to approximately £492 per square foot. It was last sold on 9 Mar 2001 for £84,500. Since then, the value has increased by £190,867, representing a 225.9% increase, or approximately 9.1% per year.

The current estimated value of £275,367 is:

  • 9.9% higher than the average property price on Marwell Close
  • 12.9% higher than the average in the RM1 2TE postcode area
  • and 38.6% lower than the average price for Romford as a whole

Based on EPC inspection history, this property has been mostly owner-occupied (2 out of 3 inspections). 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 21 April 2022, the property was recorded as rented.

View sold house prices in RM1 2TE

Building approximate location

About Property

Type
Flat
Built
1983-1990
Interior Size
560 sq ft
Tenure
Leasehold
Floor level
2nd floor
Price (estimate)
£275,367
Price Per sq ft (estimate)
£492
Bedroom Count (estimate)
1 bedroom

EPC Summary

43 Marwell Close, Romford, Havering, Greater London, RM1 2TE has an Energy Performance Certificate (EPC) rating of D, based on the latest assessment carried out on 21 Apr 2022.

This property uses electric storage heaters as its main heating source. Hot water is provided from off-peak electric immersion heater. The windows are single glazed.

The previous EPC assessment was conducted on 24 Sep 2020. The rating of D remains the same, but the energy efficiency score improved by 14.3%.

Since the previous assessment, several changes were observed:

  • The heating system was upgraded from room heaters, electric to electric storage heaters, improving energy efficiency from very poor to average.
  • The hot water energy efficiency changing from poor to very poor, while the system remained as electric immersion, off-peak.
  • The wall construction or insulation changed from cavity wall, as built, no insulation (assumed) to cavity wall, as built, insulated (assumed), improving energy efficiency from poor to good.
Heating Type
Electric storage heaters
Average
Hot Water
Electric immersion, off-peak
Very Poor
Roof
Pitched, 100 mm loft insulation
Average
Walls
Cavity wall, as built, insulated (assumed)
Good
Windows
Single glazed
Very Poor
Lighting
Low energy lighting in all fixed outlets
Very Good

Compared to RM1 2TE

16 th / 40
Price Rank
13% higher than average
7 th / 39
Size Rank
15% bigger than average
34 th / 39
Price Per Sq FT Rank
1% lower than average

Compared to other properties in RM1 2TE , this flat's estimated value ranks 16th out of 40. Based on price per square foot, it ranks 34th out of 39 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 39 properties in its postcode area.

Sale History

Today
£275,367
streetscan.co.uk estimate
+226 %
9 Mar 2001
£84,500
Leasehold

Area Insights

Similar Properties Sold Nearby

rooms: 3
size: 549 sq ft
sale price: £230,000
sale date: 28 Jun 2024
rooms: 3
size: 506 sq ft
sale price: £280,000
sale date: 23 Aug 2023
rooms: 3
size: 560 sq ft
sale price: £225,000
sale date: 30 Jul 2021
rooms: 3
size: 635 sq ft
sale price: £230,000
sale date: 25 May 2021
rooms: 3
size: 602 sq ft
sale price: £260,000
sale date: 10 Jan 2020

Data Sources

The property at 43 Marwell Close, Romford, Havering, Greater London, RM1 2TE appears once in the Land Registry records, with the transaction recorded on 9 Mar 2001. It also has three Energy Performance Certificates (EPC) entries, the earliest dating back to 21 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.


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