5 Victory Way, Romford, RM7 8PB is a freehold semi-detached property built between 1950-1966. The property offers approximately 1,152 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 £512,831 , which equates to approximately £445 per square foot. It was last sold on 29 Jan 2021 for £440,000. Since then, the value has increased by £72,831, representing a 16.6% increase, or approximately 3.4% per year.

The current estimated value of £512,831 is:

  • 23.9% higher than the average property price on Victory Way
  • 18.4% higher than the average in the RM7 8PB postcode area
  • and 14.3% higher 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 12 June 2020, the property was recorded as owner-occupied.

View sold house prices in RM7 8PB

Building approximate location

About Property

Type
Semi-Detached House
Built
1950-1966
Interior Size
1152 sq ft
Tenure
Freehold
Price (estimate)
£512,831
Price Per sq ft (estimate)
£445
Bedroom Count (estimate)
4 bedrooms

EPC Summary

5 Victory Way, Romford, Havering, Greater London Authority, RM7 8PB has an Energy Performance Certificate (EPC) rating of D, based on the latest assessment carried out on 12 Jun 2020.

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 15 Jan 2014. The rating of D remains the same, but the energy efficiency score improved by 7%.

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 average.
  • The lighting was updated from low energy lighting in 14% of fixed outlets to low energy lighting in 40% of fixed outlets, with efficiency improving from poor to average.
Heating Type
Boiler and radiators, mains gas
Good
Hot Water
From main system
Good
Roof
Pitched, no insulation (assumed)
Very Poor
Walls
Cavity wall, filled cavity
Average
Windows
Fully double glazed
Average
Lighting
Low energy lighting in 40% of fixed outlets
Average

Compared to RM7 8PB

2 nd / 17
Price Rank
18% higher than average
2 nd / 14
Size Rank
27% bigger than average
10 th / 14
Price Per Sq FT Rank
7% lower than average

Compared to other properties in RM7 8PB , this house's estimated value ranks 2nd out of 17. Based on price per square foot, it ranks 10th out of 14 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 2nd out of 14 properties in its postcode area.

Sale History

Today
£512,831
streetscan.co.uk estimate
+17 %
29 Jan 2021
£440,000
Leasehold

Area Insights

Similar Properties Sold Nearby

rooms: 5
size: 1044 sq ft
sale price: £445,000
sale date: 11 Dec 2023
rooms: 7
size: 1292 sq ft
sale price: £515,000
sale date: 6 Apr 2023

Data Sources

The property at 5 Victory Way, Romford, Havering, Greater London Authority, RM7 8PB appears once in the Land Registry records, with the transaction recorded on 29 Jan 2021. It also has two Energy Performance Certificates (EPC) entries, the earliest dating back to 12 Jun 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.