5 Olive Street, Romford, RM7 7DS is a freehold semi-detached property built between 1900-1929. The property offers approximately 1,313 square feet of living space. In this location, properties of similar size usually have four bedrooms.

The estimated current market value of the property is £527,854 , which equates to approximately £402 per square foot. It was last sold on 18 Nov 2015 for £365,000. Since then, the value has increased by £162,854, representing a 44.6% increase, or approximately 4.4% per year.

The current estimated value of £527,854 is:

  • 8.5% higher than the average property price on Olive Street
  • 12.3% higher than the average in the RM7 7DS postcode area
  • and 17.7% higher 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 20 March 2023, the property was recorded as rented.

View sold house prices in RM7 7DS

Building approximate location

About Property

Type
Semi-Detached House
Built
1900-1929
Interior Size
1313 sq ft
Tenure
Freehold
Price (estimate)
£527,854
Price Per sq ft (estimate)
£402
Bedroom Count (estimate)
4 bedrooms

EPC Summary

5 Olive Street, Romford, Havering, Greater London, RM7 7DS has an Energy Performance Certificate (EPC) rating of C, based on the latest assessment carried out on 20 Mar 2023.

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 18 Sep 2015, when the property was rated E. Since then, the rating has improved to C, with the energy efficiency score increasing by 63.6%.

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 roof construction or insulation changed from pitched, 100 mm loft insulation to pitched, 200 mm loft insulation, improving energy efficiency from average to good.
  • 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, 200 mm loft insulation
Good
Walls
Solid brick, as built, no insulation (assumed)
Very Poor
Windows
Fully double glazed
Good
Lighting
Low energy lighting in all fixed outlets
Very Good

Compared to RM7 7DS

5 th / 17
Price Rank
12% higher than average
3 rd / 15
Size Rank
18% bigger than average
12 th / 15
Price Per Sq FT Rank
5% lower than average

Compared to other properties in RM7 7DS , this house's estimated value ranks 5th out of 17. Based on price per square foot, it ranks 12th out of 15 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 3rd out of 15 properties in its postcode area.

Sale History

Today
£527,854
streetscan.co.uk estimate
+45 %
18 Nov 2015
£365,000
Leasehold
+421.4 %
31 Jan 1997
£70,000
Leasehold

Area Insights

Similar Properties Sold Nearby

rooms: 7
size: 1291 sq ft
sale price: £390,000
sale date: 15 Oct 2021
rooms: 7
size: 1507 sq ft
sale price: £455,000
sale date: 19 Jan 2016
rooms: 5
size: 1141 sq ft
sale price: £275,000
sale date: 9 Apr 2014
rooms: 5
size: 1141 sq ft
sale price: £187,000
sale date: 22 Jan 2004

Data Sources

The property at 5 Olive Street, Romford, RM7 7DS appears two times in the Land Registry records, with the latest transaction recorded on 18 Nov 2015. It also has two Energy Performance Certificates (EPC) entries, the earliest dating back to 20 Mar 2023. 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.