Flat 2, 261 South Street, Romford, RM1 2BE is a leasehold flat built between 1930-1949. The property offers approximately 721 square feet of living space and is situated on the 1st floor. In this location, apartments of similar size usually have two bedrooms.

The estimated current market value of the property is £318,298 , which equates to approximately £441 per square foot. It was last sold on 24 May 2016 for £264,000. Since then, the value has increased by £54,298, representing a 20.6% increase, or approximately 2.2% per year.

The current estimated value of £318,298 is:

  • 38.1% lower than the average property price on South Street
  • 14.4% lower than the average in the RM1 2BE postcode area
  • and 29.1% lower than the average price for Romford as a whole

At the most recent EPC inspection on 14 September 2022, the property was recorded as owner-occupied.

View sold house prices in RM1 2BE

Building approximate location

About Property

Type
Flat
Built
1930-1949
Interior Size
721 sq ft
Tenure
Leasehold
Floor level
1st floor
Price (estimate)
£318,298
Price Per sq ft (estimate)
£441
Bedroom Count (estimate)
2 bedrooms

EPC Summary

Flat 2, 261 South Street, Romford, Havering, Greater London, RM1 2BE has an Energy Performance Certificate (EPC) rating of C, based on the latest assessment carried out on 14 Sep 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 30 Sep 2009. The rating of C is unchanged, though the energy efficiency score decreased by 1.4%.

Since the previous assessment, several changes were observed:

  • The lighting was updated from no low energy lighting to low energy lighting in all fixed outlets, with efficiency improving from very poor to very good.
Heating Type
Boiler and radiators, mains gas
Good
Hot Water
From main system
Good
Roof
Pitched, 100 mm loft insulation
Average
Walls
Solid brick, as built, no insulation (assumed)
Very Poor
Windows
Fully double glazed
Average
Lighting
Low energy lighting in all fixed outlets
Very Good

Compared to RM1 2BE

11 th / 13
Price Rank
14% lower than average
6 th / 11
Size Rank
13% smaller than average
8 th / 11
Price Per Sq FT Rank
1% lower than average

Compared to other properties in RM1 2BE , this flat's estimated value ranks 11th out of 13. Based on price per square foot, it ranks 8th out of 11 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 6th out of 11 properties in its postcode area.

Sale History

Today
£318,298
streetscan.co.uk estimate
+21 %
24 May 2016
£264,000
Leasehold
+42.7 %
24 Feb 2006
£185,000
Leasehold

Area Insights

Similar Properties Sold Nearby

rooms: 3
size: 614 sq ft
sale price: £255,000
sale date: 20 Jan 2017
rooms: 3
size: 710 sq ft
sale price: £285,000
sale date: 30 Jun 2016
rooms: 3
size: 786 sq ft
sale price: £285,000
sale date: 7 Apr 2016
rooms: 3
size: 710 sq ft
sale price: £140,000
sale date: 22 Dec 2011
rooms: 3
size: 807 sq ft
sale price: £430,000
sale date: 13 Nov 2024

Data Sources

The property at Flat 2, 261 South Street, Romford, RM1 2BE appears two times in the Land Registry records, with the latest transaction recorded on 24 May 2016. It also has two Energy Performance Certificates (EPC) entries, the earliest dating back to 14 Sep 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.