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Lux Building Maxwell Road is a residential building situated on Maxwell Road, Romford, RM7 with 45 addresses.
It ranks as the 289th largest and 248th most expensive of the 305 buildings in the RM7 area. The dominant property type is a modern flat built after 1980.
The building contains a total of 45 properties: 45 flats.
Lux Building Maxwell Road is a residential building situated on Maxwell Road, Romford, RM7 with 45 addresses.
It ranks as the 289th largest and 248th most expensive of the 305 buildings in the RM7 area. The dominant property type is a modern flat built after 1980.
The building contains a total of 45 properties: 45 flats.
Sale prices range from £190,435 for 2 bedroom leasehold flats with a balcony (581 ft2) to £321,621 for 3 bedroom leasehold flats with a balcony (796 ft2) .
Monthly rental prices range from £1,021 pcm for 2 bed flats to £1,741 pcm for 3 bed flats.
The gross rental yield is between 6.3% and 6.5%.
The average value per square foot is £428.
The last sale in Lux Building Maxwell Road sold for £330,000 on 9th March 2026. Since then prices are down an average of 0.5%.
The current average value in the building is £284,516.
The Lux Building Maxwell Road Sales Market has increased by 12.3% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| May 2026 | 0% | £284,516 |
| May 2025 | 0.7% | £284,409 |
| May 2024 | -0.9% | £282,325 |
| May 2023 | -0.6% | £284,927 |
| May 2022 | 6.1% | £286,689 |
| May 2021 | 3.6% | £270,090 |
| May 2020 | 1.3% | £260,772 |
| May 2019 | -2.2% | £257,336 |
| May 2018 | -1% | £263,082 |
| May 2017 | 4.8% | £265,663 |
| May 2016 | 18.8% | £253,380 |
| May 2015 | 11.4% | £213,369 |
| May 2014 | 10% | £191,514 |
| May 2013 | 2.3% | £174,099 |
| May 2012 | 1.2% | £170,220 |
| May 2011 | 0.4% | £168,131 |
| May 2010 | 5.3% | £167,457 |
| May 2009 | -15.2% | £159,024 |
| May 2008 | 1.7% | £187,620 |
| May 2007 | 0% | £184,433 |
The current average rental value in the building is £1,513.
The Lux Building Maxwell Road Rental Market has increased by 35.4% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| May 2026 | 2.3% | £1,513pcm |
| May 2025 | 0.1% | £1,479pcm |
| May 2024 | 11.1% | £1,478pcm |
| May 2023 | 13.6% | £1,331pcm |
| May 2022 | 3.4% | £1,171pcm |
| May 2021 | 1.4% | £1,132pcm |
| May 2020 | 2.8% | £1,117pcm |
| May 2019 | -0.7% | £1,087pcm |
| May 2018 | -3.4% | £1,094pcm |
| May 2017 | 1.4% | £1,133pcm |
| May 2016 | 6.4% | £1,117pcm |
| May 2015 | 8.5% | £1,050pcm |
| May 2014 | 2.3% | £968pcm |
| May 2013 | 4.7% | £947pcm |
| May 2012 | 2.3% | £904pcm |
| May 2011 | 4.6% | £884pcm |
| May 2010 | 2.4% | £845pcm |
| May 2009 | -5.1% | £825pcm |
| May 2008 | 7.3% | £870pcm |
| May 2007 | 0% | £811pcm |
The last sale was on 9th March 2026 for £330,000 and since then the market in the area has decreased by 0.5%. The building has had a total of 69 sales since 1995.
Lux Building, Maxwell Road, Romford, RM7 0FN has seen 6 sales in the last three years and 3 sales in the last twelve months.
The closest station to Lux Building, Maxwell Road, Romford, RM7 0FN is Romford station which is 500 metres away.
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According to recent data from Ofcom, superfast broadband is available in this area.
According to recent data from Ofcom, Superfast broadband is available in the area.
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
The recent census recorded whether a resident owned or rented their home.
In the area around Lux Building, Maxwell Road, Romford, RM7 0FN, % of property is and % is .
The graph below shows how this compares to Greater London and the rest of England & Wales.
The recent census recorded the highest level of education achieved by residents in the local area.
In the area around Lux Building, Maxwell Road, Romford, RM7 0FN, 0.0% of residents are recorded as possessing school level qualifications and 0.0% as possessing degree level qualifications.
The graph below shows how this compares to Greater London and the rest of England & Wales.
The recent census recorded whether a property was a primary or secondary home for the resident.
In the area around Lux Building, Maxwell Road, Romford, RM7 0FN, 0.0% of property was a second home.
Comparison figures for Greater London and the rest of England & Wales are listed below.
The recent census recorded the number of cars registered in each household.
In the area around Lux Building, Maxwell Road, Romford, RM7 0FN, there are an average of 0.0 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.