Flat 71, The Lumiere Building, 544 Romford Road, London, E7 8AY is a leasehold flat built between 1976-1982. The property offers approximately 1,119 square feet of living space and is situated on the 9th floor. In this location, apartments of similar size usually have four bedrooms.

The estimated current market value of the property is £279,054 , which equates to approximately £249 per square foot. It was last sold on 4 Dec 2000 for £78,000. Since then, the value has increased by £201,054, representing a 257.8% increase, or approximately 10.3% per year.

The current estimated value of £279,054 is:

  • 38.3% lower than the average property price on Romford Road
  • 11.1% lower than the average in the E7 8AY postcode area
  • and 68.1% lower than the average price for London as a whole

View sold house prices in E7 8AY

Building approximate location

About Property

Type
Flat
Built
1976-1982
Interior Size
1119 sq ft
Tenure
Leasehold
Floor level
9th floor
Price (estimate)
£279,054
Price Per sq ft (estimate)
£249
Bedroom Count (estimate)
4 bedrooms

EPC Summary

Flat 71, The Lumiere Building, 544 Romford Road, London, Newham, Greater London Authority, E7 8AY has an Energy Performance Certificate (EPC) rating of E, based on the latest assessment carried out on 5 Aug 2020.

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 15 Feb 2010. The rating of E remains the same, but the energy efficiency score improved by 16.7%.

Since the previous assessment, several changes were observed:

  • The hot water system was changed from electric immersion, standard tariff to electric immersion, off-peak, with its energy efficiency improving from very poor to poor.
  • The roof construction or insulation changed from flat, insulated (assumed) to flat, limited insulation (assumed), changing energy efficiency from good to poor.
  • The wall construction or insulation changed from system built, as built, insulated (assumed) to system built, as built, partial insulation (assumed), changing energy efficiency from good to average.
  • 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
Room heaters, electric
Very Poor
Hot Water
Electric immersion, off-peak
Poor
Roof
Flat, limited insulation (assumed)
Poor
Walls
System built, as built, partial insulation (assumed)
Average
Windows
Fully double glazed
Average
Lighting
Low energy lighting in 50% of fixed outlets
Good

Compared to E7 8AY

90 th / 105
Price Rank
11% lower than average
5 th / 88
Size Rank
59% bigger than average
84 th / 88
Price Per Sq FT Rank
44% lower than average

Compared to other properties in E7 8AY , this flat's estimated value ranks 90th out of 105. Based on price per square foot, it ranks 84th out of 88 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 5th out of 88 properties in its postcode area.

Sale History

Today
£279,054
streetscan.co.uk estimate
+258 %
4 Dec 2000
£78,000
Leasehold

Area Insights

Similar Properties Sold Nearby

rooms: 2
size: 992 sq ft
sale price: £120,000
sale date: 27 Sep 2002
rooms: 3
size: 1076 sq ft
sale price: £78,000
sale date: 29 Nov 2000
rooms: 3
size: 958 sq ft
sale price: £355,000
sale date: 21 Aug 2020
rooms: 3
size: 1023 sq ft
sale price: £530,000
sale date: 15 Feb 2018
rooms: 4
size: 1259 sq ft
sale price: £353,000
sale date: 1 Sep 2015

Data Sources

The property at Flat 71, The Lumiere Building, 544 Romford Road, London, Newham, Greater London Authority, E7 8AY appears once in the Land Registry records, with the transaction recorded on 4 Dec 2000. It also has two Energy Performance Certificates (EPC) entries, the earliest dating back to 5 Aug 2020. 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.


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