Flat 5, Derwent Court Riverside Close, Romford, RM1 1EQ is a leasehold flat built between 2003-2006. The property offers approximately 700 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 £341,308 , which equates to approximately £488 per square foot. It was last sold on 18 May 2007 for £217,500. Since then, the value has increased by £123,808, representing a 56.9% increase, or approximately 3.1% per year.

The current estimated value of £341,308 is:

  • 17.9% higher than the average property price on Riverside Close
  • 11.7% higher than the average in the RM1 1EQ postcode area
  • and 23.9% lower than the average price for Romford as a whole

View sold house prices in RM1 1EQ

Building approximate location

About Property

Type
Flat
Built
2003-2006
Interior Size
700 sq ft
Tenure
Leasehold
Floor level
2nd floor
Price (estimate)
£341,308
Price Per sq ft (estimate)
£488
Bedroom Count (estimate)
2 bedrooms

EPC Summary

Flat 5, Derwent Court Riverside Close, Romford, Havering, Greater London Authority, RM1 1EQ has an Energy Performance Certificate (EPC) rating of C, based on the latest assessment carried out on 9 Nov 2019.

This property uses electric storage 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 Nov 2009. The rating of C is unchanged, though the energy efficiency score decreased by 4.1%.

Since the previous assessment, several changes were observed:

  • The main heating energy efficiency improving from poor to average, while the heating system type remained the same (electric storage heaters).
  • The hot water energy efficiency improving from poor to average, while the system remained as electric immersion, off-peak.
  • The roof construction or insulation changed from pitched, 150 mm loft insulation to pitched, 270 mm loft insulation, with no change in energy efficiency (good).
  • The lighting was changed from low energy lighting in 30% of fixed outlets to low energy lighting in 25% of fixed outlets, with no change in efficiency (average).
Heating Type
Electric storage heaters
Average
Hot Water
Electric immersion, off-peak
Average
Roof
Pitched, 270 mm loft insulation
Good
Walls
Cavity wall, as built, insulated (assumed)
Good
Windows
Fully double glazed
Good
Lighting
Low energy lighting in 25% of fixed outlets
Average

Compared to RM1 1EQ

3 rd / 18
Price Rank
12% higher than average
2 nd / 17
Size Rank
14% bigger than average
12 th / 17
Price Per Sq FT Rank
2% lower than average

Compared to other properties in RM1 1EQ , this flat's estimated value ranks 3rd out of 18. Based on price per square foot, it ranks 12th out of 17 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 17 properties in its postcode area.

Sale History

Today
£341,308
streetscan.co.uk estimate
+57 %
18 May 2007
£217,500
Leasehold

Area Insights

Similar Properties Sold Nearby

rooms: 3
size: 667 sq ft
sale price: £245,000
sale date: 25 Oct 2024
rooms: 3
size: 646 sq ft
sale price: £272,000
sale date: 12 Sep 2024
rooms: 3
size: 667 sq ft
sale price: £277,500
sale date: 8 Aug 2022
rooms: 3
size: 678 sq ft
sale price: £240,000
sale date: 31 Oct 2019
rooms: 3
size: 705 sq ft
sale price: £220,000
sale date: 14 Aug 2015

Data Sources

The property at Flat 5, Derwent Court Riverside Close, Romford, Havering, Greater London Authority, RM1 1EQ appears once in the Land Registry records, with the transaction recorded on 18 May 2007. It also has two Energy Performance Certificates (EPC) entries, the earliest dating back to 9 Nov 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.