Flat 40, Lux Building Maxwell Road, Romford, RM7 0FN is a leasehold flat built in 2012 onwards. The property offers approximately 355 square feet of living space and is situated on the 5th floor. In this location, apartments of similar size usually have one bedroom.

The estimated current market value of the property is £239,196 , which equates to approximately £673 per square foot. It was last sold on 12 Sep 2014 for £158,995. Since then, the value has increased by £80,201, representing a 50.4% increase, or approximately 4.5% per year.

The current estimated value of £239,196 is:

  • 18.2% lower than the average property price on Maxwell Road
  • 12.7% lower than the average in the RM7 0FN postcode area
  • and 46.7% lower than the average price for Romford as a whole

At the most recent EPC inspection on 16 May 2024, the property was recorded as owner-occupied.

View sold house prices in RM7 0FN

Building approximate location

About Property

Type
Flat
Built
2012 onwards
Interior Size
355 sq ft
Tenure
Leasehold
Floor level
5th floor
Price (estimate)
£239,196
Price Per sq ft (estimate)
£673
Bedroom Count (estimate)
1 bedroom

EPC Summary

Flat 40, Lux Building Maxwell Road, Romford, Havering, Greater London, RM7 0FN has an Energy Performance Certificate (EPC) rating of C, based on the latest assessment carried out on 16 May 2024.

This property uses an electric boiler with radiators 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 31 Jul 2014, when the property was rated B. The current rating of C reflects a decline in energy efficiency of 4.8%.

Since the previous assessment, several changes were observed:

  • The heating system was upgraded from community scheme to boiler and radiators, electric, changing energy efficiency from very good to poor.
  • The hot water system was changed from community scheme to from main system, with its energy efficiency changing from very good to poor.
  • The roof construction or insulation changed from average thermal transmittance 0.24 w/m-¦k to (another dwelling above), changing energy efficiency from good to n/a.
  • The wall construction or insulation changed from average thermal transmittance 0.18 w/m-¦k to cavity wall, as built, insulated (assumed), with no change in energy efficiency (very good).
Heating Type
Boiler and radiators, electric
Poor
Hot Water
From main system
Poor
Walls
Cavity wall, as built, insulated (assumed)
Very Good
Windows
Fully double glazed
Good
Lighting
Low energy lighting in all fixed outlets
Very Good

Compared to RM7 0FN

37 th / 45
Price Rank
13% lower than average
45 th / 45
Size Rank
45% smaller than average
1 st / 45
Price Per Sq FT Rank
59% higher than average

Compared to other properties in RM7 0FN , this flat's estimated value ranks 37th out of 45. Based on price per square foot, it ranks 1st out of 45 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 45th out of 45 properties in its postcode area.

Sale History

Today
£239,196
streetscan.co.uk estimate
+50 %
12 Sep 2014
£158,995
Leasehold

Area Insights

Similar Properties Sold Nearby

rooms: 2
size: 355 sq ft
sale price: £145,995
sale date: 13 Dec 2013
rooms: 2
size: 398 sq ft
sale price: £138,696
sale date: 15 May 2013

Data Sources

The property at Flat 40, Lux Building Maxwell Road, Romford, Havering, Greater London, RM7 0FN appears once in the Land Registry records, with the transaction recorded on 12 Sep 2014. It also has two Energy Performance Certificates (EPC) entries, the earliest dating back to 16 May 2024. 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.