Flat 15 Malachite House, Compass Way, RM1 1DF
Flat 15 Malachite House Compass Way is a 72 m² flat in Romford. It sold for £350,000 in Feb 2023.
- Sale history
-
Date Paid price Tenure Annual growth After inflation Feb 2023 £350,000 Leasehold -28.8% -31.2% Apr 2017 £2,500,000 * Freehold na na *This price paid record has been flagged by Land Registry as a 'Category B: Additional Price Paid entry'. This could be due to a variety of reasons, such as the sale being a buy-to-let purchase, a repossession or a transfer to a limited company. When Land Registry suspects that a sale does not reflect full market value (e.g. part-ownership or right to buy), these transactions can be flagged as well. For this reason, we exclude them from our area statistics.
- Internal area
- 72 square metres (775 square feet) according to latest EPC inspection
- Price per internal area
-
This property sold for £4,861 per square metre (£452 per square foot) in Feb 2023. Indexed forward to today's value, this is roughly £4,699 per square metre (£437 per square foot) .
Date Paid price Paid £/sqm Today's value Today's value £/sqm Feb 2023 £350,000 £4,861 £338,360 £4,699 Apr 2017 £2,500,000 £34,722 £2,915,913 £40,499 Calculated using the latest EPC internal area of 72 m². Earlier sale dates may not have had the same measured area available.
- Valuation
- The most recent sale price indexed forward to today's value is £338,360. This is one data point to inform the valuation. Another method is the valuation implied by what comparable homes are selling for. Homes in Romford are now selling for between £3,210 and £4,530 per square metre (£298 and £420 per square foot). Based on an internal area of 72 m², this implies a valuation between £231,000 and £326,000. Treat this as context only. For a valuation using hand-picked comparable sales, use the Advanced search tool — create a shortlist of similar condition homes, then export a valuation report.
- Bedrooms
- na
- Type
- Flat
- Council tax band
- na
- Summary:
- 17 January 2023 - energy performance certificate grade C
- Reason for EPC:
- New dwelling
- Tenure:
- Unknown
- Property type:
- 2nd floor flat Estimated year built None to None
- Area:
- 72 sqm (775 square foot) total internal area
- Comments:
- Roof: (other premises above). Heating: Boiler and radiators, electric.