81B Main Road, Romford, RM2 5EL is a leasehold flat built between 1950-1966. The property offers approximately 678 square feet of living space and is situated on the 2nd floor. In this location, apartments of similar size usually have two bedrooms.

The estimated current market value of the property is £296,884 , which equates to approximately £438 per square foot. It was last sold on 9 Mar 2016 for £241,000. Since then, the value has increased by £55,884, representing a 23.2% increase, or approximately 2.4% per year.

The current estimated value of £296,884 is:

  • 52.4% lower than the average property price on Main Road
  • 37.7% lower than the average in the RM2 5EL postcode area
  • and 33.8% lower than the average price for Romford as a whole

At the most recent EPC inspection on 24 May 2022, the property was recorded as rented.

View sold house prices in RM2 5EL

Building approximate location

About Property

Type
Flat
Built
1950-1966
Interior Size
678 sq ft
Tenure
Leasehold
Floor level
2nd floor
Price (estimate)
£296,884
Price Per sq ft (estimate)
£438
Bedroom Count (estimate)
2 bedrooms

EPC Summary

81B Main Road, Romford, Havering, Greater London, RM2 5EL has an Energy Performance Certificate (EPC) rating of C, based on the latest assessment carried out on 24 May 2022.

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 4 Apr 2014, and the property received the same rating of C with an unchanged energy efficiency score of 70.

Since the previous assessment, several changes were observed:

  • The lighting was updated from low energy lighting in 11% of fixed outlets to low energy lighting in 33% 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, 200 mm loft insulation
Good
Walls
Cavity wall, as built, no insulation (assumed)
Poor
Windows
Fully double glazed
Average
Lighting
Low energy lighting in 33% of fixed outlets
Average

Compared to RM2 5EL

6 th / 13
Price Rank
38% lower than average
5 th / 10
Size Rank
38% smaller than average
3 rd / 10
Price Per Sq FT Rank
0% same as average

Compared to other properties in RM2 5EL , this flat's estimated value ranks 6th out of 13. Based on price per square foot, it ranks 3rd out of 10 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 5th out of 10 properties in its postcode area.

Sale History

Today
£296,884
streetscan.co.uk estimate
+23 %
9 Mar 2016
£241,000
Leasehold
+48.8 %
19 Jun 2007
£162,000
Leasehold
+326.3 %
30 Sep 1997
£38,000
Leasehold

Area Insights

Similar Properties Sold Nearby

rooms: 3
size: 635 sq ft
sale price: £240,000
sale date: 30 Nov 2022
rooms: 3
size: 638 sq ft
sale price: £220,500
sale date: 26 Jul 2017
rooms: 3
size: 710 sq ft
sale price: £197,000
sale date: 6 Nov 2015
rooms: 3
size: 667 sq ft
sale price: £132,000
sale date: 18 Jun 2004
rooms: 3
size: 721 sq ft
sale price: £118,000
sale date: 19 Nov 2002

Data Sources

The property at 81B Main Road, Romford, RM2 5EL appears three times in the Land Registry records, with the latest transaction recorded on 9 Mar 2016. It also has two Energy Performance Certificates (EPC) entries, the earliest dating back to 24 May 2022. 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.