49 Oak Street, Romford, RM7 7BA is a leasehold flat built between 1983-1990. The property offers approximately 517 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 £248,915 , which equates to approximately £482 per square foot. It was last sold on 26 Feb 2021 for £225,000. Since then, the value has increased by £23,915, representing a 10.6% increase, or approximately 2.2% per year.

The current estimated value of £248,915 is:

  • 32.6% lower than the average property price on Oak Street
  • 31.5% lower than the average in the RM7 7BA postcode area
  • and 44.5% lower than the average price for Romford as a whole

At the most recent EPC inspection on 31 July 2020, the property was recorded as owner-occupied.

View sold house prices in RM7 7BA

Building approximate location

About Property

Type
Flat
Built
1983-1990
Interior Size
517 sq ft
Tenure
Leasehold
Floor level
1st floor
Price (estimate)
£248,915
Price Per sq ft (estimate)
£482
Bedroom Count (estimate)
1 bedroom

EPC Summary

49 Oak Street, Romford, Havering, Greater London Authority, RM7 7BA has an Energy Performance Certificate (EPC) rating of D, based on the latest assessment carried out on 31 Jul 2020.

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

Heating Type
Electric storage heaters
Average
Hot Water
Electric immersion, off-peak
Very Poor
Roof
Pitched, 75 mm loft insulation
Average
Walls
Cavity wall, as built, insulated (assumed)
Good
Windows
Fully double glazed
Average
Lighting
Low energy lighting in all fixed outlets
Very Good

Compared to RM7 7BA

17 th / 26
Price Rank
31% lower than average
19 th / 22
Size Rank
37% smaller than average
6 th / 22
Price Per Sq FT Rank
9% higher than average

Compared to other properties in RM7 7BA , this flat's estimated value ranks 17th out of 26. Based on price per square foot, it ranks 6th out of 22 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 19th out of 22 properties in its postcode area.

Sale History

Today
£248,915
streetscan.co.uk estimate
+11 %
26 Feb 2021
£225,000
Leasehold
+95.7 %
1 Dec 2004
£115,000
Leasehold

Area Insights

Similar Properties Sold Nearby

rooms: 2
size: 517 sq ft
sale price: £216,000
sale date: 25 Jul 2017
rooms: 2
size: 441 sq ft
sale price: £124,995
sale date: 28 Jun 2013
rooms: 2
size: 463 sq ft
sale price: £115,000
sale date: 29 Nov 2011
rooms: 2
size: 555 sq ft
sale price: £110,000
sale date: 30 Jun 2009
rooms: 2
size: 592 sq ft
sale price: £114,995
sale date: 17 Jan 2003

Data Sources

The property at 49 Oak Street, Romford, RM7 7BA appears two times in the Land Registry records, with the latest transaction recorded on 26 Feb 2021. It also has a single Energy Performance Certificate (EPC) from 31 Jul 2020. 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.