Flat 2, The Metro 50-56 Victoria Road, Romford, RM1 2JB is a leasehold flat built between 2003-2006. 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 £292,358 , which equates to approximately £405 per square foot. It was last sold on 21 Apr 2017 for £258,250. Since then, the value has increased by £34,108, representing a 13.2% increase, or approximately 1.5% per year.

The current estimated value of £292,358 is:

  • 16.9% lower than the average property price on Victoria Road
  • 4.7% higher than the average in the RM1 2JB postcode area
  • and 34.8% lower than the average price for Romford as a whole

This property has had 2 EPC inspections with recorded tenure information. It was recorded once as rented and once as owner-occupied, indicating a change in how it was used over time.

At the most recent EPC inspection on 7 February 2022, the property was recorded as rented.

View sold house prices in RM1 2JB

Building approximate location

About Property

Type
Flat
Built
2003-2006
Interior Size
721 sq ft
Tenure
Leasehold
Floor level
1st floor
Price (estimate)
£292,358
Price Per sq ft (estimate)
£405
Bedroom Count (estimate)
2 bedrooms

EPC Summary

Flat 2, The Metro 50-56 Victoria Road, Romford, Havering, Greater London, RM1 2JB has an Energy Performance Certificate (EPC) rating of D, based on the latest assessment carried out on 7 Feb 2022.

This property uses electric room heaters as its main heating source. Hot water is provided from off-peak electric immersion heater. The windows are fully double glazed.

The previous EPC assessment was conducted on 16 Apr 2010, when the property was rated E. Since then, the rating has improved to D, with the energy efficiency score increasing by 30%.

Since the previous assessment, several changes were observed:

  • The hot water energy efficiency changing from average to poor, while the system remained as electric immersion, off-peak.
  • The wall construction or insulation changed from system built, as built, insulated (assumed) to cavity wall, as built, insulated (assumed), with no change in energy efficiency (good).
  • The lighting was updated from low energy lighting in 40% of fixed outlets to low energy lighting in all fixed outlets, with efficiency improving from average to very good.
Heating Type
Room heaters, electric
Very Poor
Hot Water
Electric immersion, off-peak
Poor
Walls
Cavity wall, as built, insulated (assumed)
Good
Windows
Fully double glazed
Good
Lighting
Low energy lighting in all fixed outlets
Very Good

Compared to RM1 2JB

8 th / 12
Price Rank
5% higher than average
2 nd / 12
Size Rank
14% bigger than average
11 th / 12
Price Per Sq FT Rank
8% lower than average

Compared to other properties in RM1 2JB , this flat's estimated value ranks 8th out of 12. Based on price per square foot, it ranks 11th out of 12 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 2nd out of 12 properties in its postcode area.

Sale History

Today
£292,358
streetscan.co.uk estimate
+13 %
21 Apr 2017
£258,250
Leasehold
+48.4 %
17 Jun 2014
£174,000
Leasehold
+8.8 %
8 Apr 2011
£160,000
Leasehold
+7.7 %
23 Jan 2004
£148,500
Leasehold

Area Insights

Similar Properties Sold Nearby

rooms: 3
size: 689 sq ft
sale price: £242,500
sale date: 27 Sep 2021
rooms: 2
size: 646 sq ft
sale price: £212,000
sale date: 17 Jul 2015
rooms: 3
size: 667 sq ft
sale price: £152,000
sale date: 21 Nov 2012
rooms: 3
size: 678 sq ft
sale price: £158,950
sale date: 26 Mar 2004
rooms: 3
size: 657 sq ft
sale price: £154,000
sale date: 20 Feb 2004

Data Sources

The property at Flat 2, The Metro 50-56 Victoria Road, Romford, RM1 2JB appears four times in the Land Registry records, with the latest transaction recorded on 21 Apr 2017. It also has two Energy Performance Certificates (EPC) entries, the earliest dating back to 7 Feb 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.