53 Preston Road, Romford, RM3 7YU is a leasehold flat built between 1976-1982. The property offers approximately 388 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 £174,235 , which equates to approximately £450 per square foot. It was last sold on 20 Jun 2012 for £96,000. Since then, the value has increased by £78,235, representing a 81.5% increase, or approximately 6.0% per year.

The current estimated value of £174,235 is:

  • 49.2% lower than the average property price on Preston Road
  • 50.3% lower than the average in the RM3 7YU postcode area
  • and 61.2% lower 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 19 November 2021, the property was recorded as owner-occupied.

View sold house prices in RM3 7YU

Building approximate location

About Property

Type
Flat
Built
1976-1982
Interior Size
388 sq ft
Tenure
Leasehold
Floor level
1st floor
Price (estimate)
£174,235
Price Per sq ft (estimate)
£450
Bedroom Count (estimate)
1 bedroom

EPC Summary

53 Preston Road, Romford, Havering, Greater London, RM3 7YU has an Energy Performance Certificate (EPC) rating of C, based on the latest assessment carried out on 19 Nov 2021.

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 16 Jun 2011, when the property was rated E. Since then, the rating has improved to C, with the energy efficiency score increasing by 33.3%.

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, no insulation (assumed) to pitched, limited insulation (assumed), improving energy efficiency from very poor to poor.
  • The wall construction or insulation changed from cavity wall, filled cavity to cavity wall, as built, partial insulation (assumed), changing energy efficiency from good to average.
  • The lighting was changed from low energy lighting in 80% of fixed outlets to low energy lighting in all fixed outlets, with no change in efficiency (very good).
Heating Type
Boiler and radiators, mains gas
Good
Hot Water
From main system
Good
Roof
Pitched, limited insulation (assumed)
Poor
Walls
Cavity wall, as built, partial insulation (assumed)
Average
Windows
Fully double glazed
Average
Lighting
Low energy lighting in all fixed outlets
Very Good

Compared to RM3 7YU

37 th / 39
Price Rank
50% lower than average
35 th / 35
Size Rank
53% smaller than average
7 th / 35
Price Per Sq FT Rank
5% higher than average

Compared to other properties in RM3 7YU , this flat's estimated value ranks 37th out of 39. Based on price per square foot, it ranks 7th out of 35 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 35th out of 35 properties in its postcode area.

Sale History

Today
£174,235
streetscan.co.uk estimate
+81 %
20 Jun 2012
£96,000
Leasehold

Area Insights

Nearby Properties

rooms: 5
size: 786 sq ft
sale price: £410,000
sale date: 24 Feb 2020
rooms: 5
size: 721 sq ft
sale price: £189,000
sale date: 7 Feb 2008
rooms: 5
size: 700 sq ft
sale price: £197,000
sale date: 9 Nov 2007
rooms: 3
size: 463 sq ft
sale price: £150,000
sale date: 21 Oct 2015
rooms: 2
size: 505 sq ft
sale price: £80,000
sale date: 28 Oct 2009

Data Sources

The property at 53 Preston Road, Romford, Havering, Greater London, RM3 7YU appears once in the Land Registry records, with the transaction recorded on 20 Jun 2012. It also has two Energy Performance Certificates (EPC) entries, the earliest dating back to 19 Nov 2021. 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.