Malachite House, Compass Way - RM1 1DF
Key Building Insights
Malachite House, Compass Way is a residential building situated on Compass Way, Romford, RM1 with 32 addresses.
It ranks as the 430th largest and 426th most expensive of the 458 buildings in the RM1 area. The most common property type is a modern flat built after 1980.
The building contains a total of 32 properties: 32 flats.
- Ave. Sale Price
- £335,258
- 10 Year change
- up 2.9%
- Ave. Rental Price
- £1,735pcm
- 10 Year change
- up 33.7%
- Ave. £ per ft²
- £443/ft²
- Ave. Gross Yield
- 6.2%/year/yr
Key Building Insights
Malachite House, Compass Way is a residential building situated on Compass Way, Romford, RM1 with 32 addresses.
It ranks as the 430th largest and 426th most expensive of the 458 buildings in the RM1 area. The most common property type is a modern flat built after 1980.
The building contains a total of 32 properties: 32 flats.
- Ave. Sale Price
- £335,258
- 10 Year change
- up 2.9%
- Ave. Rental Price
- £1,735pcm
- 10 Year change
- up 33.7%
- Ave. £ per ft²
- £443/ft²
- Ave. Gross Yield
- 6.2%/year/yr
Explore Properties on Compass Way, Romford, RM1
- Flat 1 Malachite House
2 Bed Modern Flat
- Flat 2 Malachite House
3 Bed Modern Flat
- Flat 3 Malachite House
3 Bed Modern Flat
- Flat 4 Malachite House
2 Bed Modern Flat
- Flat 5 Malachite House
2 Bed Modern Flat
Sales Market Trends
The last sale in Malachite House, Compass Way sold for £317,000 on 5th April 2024. Since then prices are down an average of 2.6%.
The current average value in the building is £335,258.
The Malachite House, Compass Way Sales Market has increased by 2.9% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| July 2026 | -2.6% | £335,258 |
| July 2025 | -0.4% | £344,252 |
| July 2024 | 0% | £345,503 |
| July 2023 | -2.7% | £345,408 |
| July 2022 | 6% | £355,041 |
| July 2021 | 1.1% | £334,932 |
| July 2020 | 1.4% | £331,255 |
| July 2019 | -1.5% | £326,837 |
| July 2018 | -1.5% | £331,878 |
| July 2017 | 3.4% | £336,835 |
| July 2016 | 16.2% | £325,903 |
| July 2015 | 12% | £280,441 |
| July 2014 | 10% | £250,422 |
| July 2013 | 3.4% | £227,641 |
| July 2012 | 0.5% | £220,208 |
| July 2011 | 0.3% | £219,211 |
| July 2010 | 6.2% | £218,548 |
| July 2009 | -11.9% | £205,798 |
| July 2008 | -4.1% | £233,715 |
| July 2007 | 0% | £243,744 |
Rental Market Trends
The current average rental value in the building is £1,735.
The Malachite House, Compass Way Rental Market has increased by 33.7% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| July 2026 | 1.4% | £1,735pcm |
| July 2025 | -1.6% | £1,710pcm |
| July 2024 | 9.6% | £1,737pcm |
| July 2023 | 14.5% | £1,585pcm |
| July 2022 | 4.8% | £1,385pcm |
| July 2021 | 1.1% | £1,322pcm |
| July 2020 | 2.3% | £1,308pcm |
| July 2019 | 0.9% | £1,278pcm |
| July 2018 | -3.1% | £1,267pcm |
| July 2017 | 0.8% | £1,307pcm |
| July 2016 | 4% | £1,297pcm |
| July 2015 | 9.1% | £1,247pcm |
| July 2014 | 3% | £1,143pcm |
| July 2013 | 4.5% | £1,109pcm |
| July 2012 | 2.5% | £1,062pcm |
| July 2011 | 4.9% | £1,036pcm |
| July 2010 | 4.9% | £988pcm |
| July 2009 | -6% | £943pcm |
| July 2008 | 5.6% | £1,003pcm |
| July 2007 | 0% | £949pcm |
Sales History
The last recorded sale was on 5th April 2024 for £317,000 and since then the market in the area has decreased by 2.6%.
Malachite House, Compass Way, Romford, RM1 1DF has had 3 sales since 1995, with 3 in the last three years and none in the last twelve months.
- Sold Apr 2024£317,000 | 2 Bed FlatFlat 20, Malachite House, Compass Way, Romford, RM1 1DFFlat 20, Malachite House, Compass Way, Romford, RM1 1DF
- Sold Jul 2023£336,000 | 3 Bed FlatFlat 19, Malachite House, Compass Way, Romford, RM1 1DFFlat 19, Malachite House, Compass Way, Romford, RM1 1DF
- Sold Jul 2023£335,000 | 2 Bed FlatFlat 12, Malachite House, Compass Way, Romford, RM1 1DFFlat 12, Malachite House, Compass Way, Romford, RM1 1DF
Property Types
- 32 modern flats built after 1980
- modern flat (32)
Energy Efficiency
- Energy Performance Certificate (EPC) surveys have been conducted for 32 properties.
- The most common rating is C.
- A (0)
- E (0)
- B (0)
- F (0)
- C (32)
- G (0)
- D (0)
- No EPC (0)
Top 3 Most Expensive Sales
- Sold Apr 2017£2,500,000 | 2 Bed FlatFlat 1, Malachite House, Compass Way, Romford, RM1 1DFFlat 1, Malachite House, Compass Way, Romford, RM1 1DF
- Sold Apr 2017£2,500,000 | 2 Bed FlatFlat 1, Onyx House, Compass Way, Romford, RM1 1DDFlat 1, Onyx House, Compass Way, Romford, RM1 1DD
- Sold Apr 2017£2,500,000 | 3 Bed FlatFlat 15, Malachite House, Compass Way, Romford, RM1 1DFFlat 15, Malachite House, Compass Way, Romford, RM1 1DF
Schools Nearby
- The Mawney Foundation School400 m away
- St Edward's Church of England Voluntary Aided Primary School400 m away
- St Peter's Catholic Primary School400 m away
- Marshalls Park Academy1.1 km away
- St Edward's Church of England Academy1.8 km away
- The Frances Bardsley Academy for Girls1.9 km away
More reading links
Public Transport Nearby
The closest station to Malachite House, Compass Way, Romford, RM1 1DF is Romford station, which is 1.0 kilometres away.
- Romford|1.0 km away
- Gidea Park|2.1 km away
