Flat 4, The Maltings South Street, Romford, RM1 2AW is a leasehold flat built between 1996-2002. The property offers approximately 506 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 £230,248 , which equates to approximately £455 per square foot. It was last sold on 25 Nov 2020 for £200,000. Since then, the value has increased by £30,248, representing a 15.1% increase, or approximately 3.0% per year.

The current estimated value of £230,248 is:

  • 55.2% lower than the average property price on South Street
  • 20.5% lower than the average in the RM1 2AW postcode area
  • and 48.7% lower than the average price for Romford as a whole

This property has had 2 EPC inspections with recorded tenure information. It was recorded as owner-occupied both times. This suggests the property has typically been lived in by its owners, which often reflects longer-term residency and more consistent maintenance.

At the most recent EPC inspection on 4 October 2019, the property was recorded as owner-occupied.

View sold house prices in RM1 2AW

Building approximate location

About Property

Type
Flat
Built
1996-2002
Interior Size
506 sq ft
Tenure
Leasehold
Floor level
1st floor
Price (estimate)
£230,248
Price Per sq ft (estimate)
£455
Bedroom Count (estimate)
1 bedroom

EPC Summary

Flat 4, The Maltings South Street, Romford, Havering, Greater London Authority, RM1 2AW has an Energy Performance Certificate (EPC) rating of C, based on the latest assessment carried out on 4 Oct 2019.

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 3 Feb 2010. The rating of C remains the same, but the energy efficiency score improved by 2.8%.

Since the previous assessment, several changes were observed:

  • The hot water energy efficiency improving from average to good, while the system remained as from main system.
  • The roof construction or insulation changed from pitched, 300+ mm loft insulation to pitched, 250 mm loft insulation, changing energy efficiency from very good to good.
  • The wall construction or insulation changed from timber frame, as built, insulated (assumed) to cavity wall, as built, insulated (assumed), with no change in energy efficiency (good).
  • The lighting was updated from no low energy lighting to low energy lighting in 50% of fixed outlets, with efficiency improving from very poor to good.
Heating Type
Boiler and radiators, mains gas
Good
Hot Water
From main system
Good
Roof
Pitched, 250 mm loft insulation
Good
Walls
Cavity wall, as built, insulated (assumed)
Good
Windows
Fully double glazed
Average
Lighting
Low energy lighting in 50% of fixed outlets
Good

Compared to RM1 2AW

42 nd / 43
Price Rank
20% lower than average
34 th / 40
Size Rank
11% smaller than average
39 th / 40
Price Per Sq FT Rank
10% lower than average

Compared to other properties in RM1 2AW , this flat's estimated value ranks 42th out of 43. Based on price per square foot, it ranks 39th out of 40 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 34th out of 40 properties in its postcode area.

Sale History

Today
£230,248
streetscan.co.uk estimate
+15 %
25 Nov 2020
£200,000
Leasehold
+66.7 %
11 Apr 2017
£120,000
Leasehold
+42.9 %
20 Sep 2010
£84,000
Leasehold
+7.7 %
19 May 2003
£78,000
Leasehold

Area Insights

Similar Properties Sold Nearby

rooms: 3
size: 581 sq ft
sale price: £272,000
sale date: 19 May 2023
rooms: 2
size: 484 sq ft
sale price: £205,000
sale date: 18 Jun 2021
rooms: 2
size: 474 sq ft
sale price: £200,000
sale date: 22 May 2020
rooms: 2
size: 495 sq ft
sale price: £210,000
sale date: 6 Sep 2019
rooms: 3
size: 506 sq ft
sale price: £261,000
sale date: 29 Mar 2019

Data Sources

The property at Flat 4, The Maltings South Street, Romford, RM1 2AW appears four times in the Land Registry records, with the latest transaction recorded on 25 Nov 2020. It also has two Energy Performance Certificates (EPC) entries, the earliest dating back to 4 Oct 2019. 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.