55 Essex Road, Romford, RM7 8BB is a freehold terraced property built between 1950-1966. The property offers approximately 843 square feet of living space. In this location, properties of similar size usually have two bedrooms.

The estimated current market value of the property is £500,327 , which equates to approximately £596 per square foot. It was last sold on 26 Aug 2014 for £300,000. Since then, the value has increased by £200,327, representing a 66.8% increase, or approximately 5.9% per year.

The current estimated value of £500,327 is:

  • 28.1% higher than the average property price on Essex Road
  • 9.7% higher than the average in the RM7 8BB postcode area
  • and 11.5% higher than the average price for Romford as a whole

View sold house prices in RM7 8BB

Building approximate location

About Property

Type
Terraced House
Built
1950-1966
Interior Size
843 sq ft
Tenure
Freehold
Price (estimate)
£500,327
Price Per sq ft (estimate)
£596
Bedroom Count (estimate)
2 bedrooms

EPC Summary

55 Essex Road, Romford, Havering, Greater London Authority, RM7 8BB has an Energy Performance Certificate (EPC) rating of D, based on the latest assessment carried out on 30 Mar 2012.

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.

Heating Type
Boiler and radiators, mains gas
Good
Hot Water
From main system
Good
Roof
Pitched, 200 mm loft insulation
Good
Walls
Cavity wall, as built, no insulation (assumed)
Poor
Windows
Fully double glazed
Good
Lighting
No low energy lighting
Very Poor

Compared to RM7 8BB

5 th / 28
Price Rank
10% higher than average
16 th / 23
Size Rank
7% smaller than average
4 th / 23
Price Per Sq FT Rank
18% higher than average

Compared to other properties in RM7 8BB , this house's estimated value ranks 5th out of 28. Based on price per square foot, it ranks 4th out of 23 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 16th out of 23 properties in its postcode area.

Sale History

Today
£500,327
streetscan.co.uk estimate
+67 %
26 Aug 2014
£300,000
Leasehold
+47.8 %
4 Mar 2005
£203,000
Leasehold

Area Insights

Similar Properties Sold Nearby

rooms: 6
size: 915 sq ft
sale price: £455,000
sale date: 10 Oct 2024
rooms: 5
size: 807 sq ft
sale price: £430,000
sale date: 30 Sep 2021
rooms: 4
size: 872 sq ft
sale price: £362,000
sale date: 11 Jun 2021
rooms: 4
size: 786 sq ft
sale price: £355,000
sale date: 7 May 2021
rooms: 4
size: 872 sq ft
sale price: £410,000
sale date: 6 May 2021

Data Sources

The property at 55 Essex Road, Romford, RM7 8BB appears two times in the Land Registry records, with the latest transaction recorded on 26 Aug 2014. It also has a single Energy Performance Certificate (EPC) from 30 Mar 2012. 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.