61 Oak Street, Romford, RM7 7BA is a leasehold flat built between 1967-1975. The property offers approximately 592 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 £249,034 , which equates to approximately £421 per square foot. It was last sold on 17 Jan 2003 for £114,995. Since then, the value has increased by £134,039, representing a 116.6% increase, or approximately 5.1% per year.

The current estimated value of £249,034 is:

  • 32.6% lower than the average property price on Oak Street
  • 31.4% 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 28 May 2014, the property was recorded as owner-occupied.

View sold house prices in RM7 7BA

Building approximate location

About Property

Type
Flat
Built
1967-1975
Interior Size
592 sq ft
Tenure
Leasehold
Floor level
1st floor
Price (estimate)
£249,034
Price Per sq ft (estimate)
£421
Bedroom Count (estimate)
1 bedroom

EPC Summary

61 Oak Street, Romford, Havering, Greater London Authority, RM7 7BA has an Energy Performance Certificate (EPC) rating of F, based on the latest assessment carried out on 28 May 2014.

This property uses electric room heaters as its main heating source. A standard tariff electric immersion heater is used to provide hot water. The windows are fully double glazed.

Heating Type
Room heaters, electric
Very Poor
Hot Water
Electric immersion, standard tariff
Very Poor
Roof
Pitched, 25 mm loft insulation
Poor
Walls
Cavity wall, as built, no insulation (assumed)
Poor
Windows
Fully double glazed
Average
Lighting
No low energy lighting
Very Poor

Compared to RM7 7BA

16 th / 26
Price Rank
31% lower than average
15 th / 22
Size Rank
28% smaller than average
16 th / 22
Price Per Sq FT Rank
5% lower than average

Compared to other properties in RM7 7BA , this flat's estimated value ranks 16th out of 26. Based on price per square foot, it ranks 16th out of 22 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 15th out of 22 properties in its postcode area.

Sale History

Today
£249,034
streetscan.co.uk estimate
+117 %
17 Jan 2003
£114,995
Leasehold
+66.7 %
20 Aug 2001
£68,995
Leasehold

Area Insights

Similar Properties Sold Nearby

rooms: 3
size: 614 sq ft
sale price: £263,000
sale date: 11 Apr 2024
rooms: 2
size: 517 sq ft
sale price: £225,000
sale date: 26 Feb 2021
rooms: 3
size: 635 sq ft
sale price: £212,000
sale date: 10 Jul 2020
rooms: 3
size: 635 sq ft
sale price: £235,000
sale date: 28 Feb 2020
rooms: 2
size: 517 sq ft
sale price: £216,000
sale date: 25 Jul 2017

Data Sources

The property at 61 Oak Street, Romford, RM7 7BA appears two times in the Land Registry records, with the latest transaction recorded on 17 Jan 2003. It also has a single Energy Performance Certificate (EPC) from 28 May 2014. 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.