Flat 8, Derwent Court Riverside Close, Romford, RM1 1EQ is a leasehold flat built between 1991-1995. The property offers approximately 646 square feet of living space. In this location, apartments of similar size usually have two bedrooms.

The estimated current market value of the property is £285,726 , which equates to approximately £442 per square foot. It was last sold on 12 Sep 2024 for £272,000. Since then, the value has increased by £13,726, representing a 5.0% increase, or approximately 4.1% per year.

The current estimated value of £285,726 is:

  • 1.3% lower than the average property price on Riverside Close
  • 6.5% lower than the average in the RM1 1EQ postcode area
  • and 36.3% 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
1991-1995
Interior Size
646 sq ft
Tenure
Leasehold
Price (estimate)
£285,726
Price Per sq ft (estimate)
£442
Bedroom Count (estimate)
2 bedrooms

EPC Summary

Flat 8, 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 21 Aug 2020.

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 26 May 2009. The rating of C remains the same, but the energy efficiency score improved by 9.6%.

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 lighting was updated from low energy lighting in 50% of fixed outlets to low energy lighting in all fixed outlets, with efficiency improving from good to very good.
Heating Type
Electric storage heaters
Average
Hot Water
Electric immersion, off-peak
Average
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 1EQ

17 th / 18
Price Rank
7% lower than average
10 th / 17
Size Rank
5% bigger than average
14 th / 17
Price Per Sq FT Rank
11% lower than average

Compared to other properties in RM1 1EQ , this flat's estimated value ranks 17th out of 18. Based on price per square foot, it ranks 14th 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 10th out of 17 properties in its postcode area.

Sale History

Today
£285,726
streetscan.co.uk estimate
+5 %
12 Sep 2024
£272,000
Leasehold
+37.7 %
18 May 2007
£197,500
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: 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: 560 sq ft
sale price: £270,000
sale date: 13 Aug 2018
rooms: 3
size: 705 sq ft
sale price: £220,000
sale date: 14 Aug 2015

Data Sources

The property at Flat 8, Derwent Court Riverside Close, Romford, RM1 1EQ appears two times in the Land Registry records, with the latest transaction recorded on 12 Sep 2024. It also has two Energy Performance Certificates (EPC) entries, the earliest dating back to 21 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.


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.