Our Data Sources
Flat 2, Malachite House, Romford has a single entry in the Land Registry from March 2023 and a single entry in the EPC database dated January 2023.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 4 out of 5 and is considered of high accuracy.
Price Range & Condition
The condition of a property plays an important role in determining its value, with the degree of impact varying by property type, size and location.
For Flat 2, Malachite House, Romford, we estimate a market value of £377,726 and a rental value of £1,975 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £334,557 and £1,749 per month respectively.
Energy Efficiency
Flat 2, Malachite House, Romford has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 17 Jan 2023.
The property is not connected to mains gas and has high performance glazing. It is heated using a boiler and radiators (electric).
Sold Prices
The most recent sale of Flat 2, Malachite House, Romford completed on 23rd March 2023 at £350,000 and was recorded by HM Land Registry as a leasehold flat.
Since 1995 this is the property's only sale.
Values of comparable properties have dropped by 15.7% over the period since March 2023.
- Sold Mar 2023£350,000
Similar Properties Sold Nearby
Since 2022 36 properties similar to Flat 2, Malachite House, Romford have sold within a radius of 400 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 5th April 2024, was Flat 20, Malachite House, Compass Way, Romford, RM1 1DF, a leasehold flat which sold for £317,000.
Read more about house prices in RM1.
- 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 | 2 Bed FlatFlat 19, Malachite House, Compass Way, Romford, RM1 1DFFlat 19, Malachite House, Compass Way, Romford, RM1 1DF
- Sold Mar 2023£350,000 | 2 Bed FlatFlat 6, Malachite House, Compass Way, Romford, RM1 1DFFlat 6, Malachite House, Compass Way, Romford, RM1 1DF
- Sold Mar 2023£390,000 | 3 Bed FlatFlat 30, Malachite House, Compass Way, Romford, RM1 1DFFlat 30, Malachite House, Compass Way, Romford, RM1 1DF
- Sold Mar 2023£360,000 | 2 Bed FlatFlat 3, Malachite House, Compass Way, Romford, RM1 1DFFlat 3, Malachite House, Compass Way, Romford, RM1 1DF
Nearby is defined as the radius comprising the nearest 2,000 addresses.
More reading links
Explore Nearby Properties
The surrounding properties have an average estimated value of £333,860, ranging from £292,531 to £359,739.
- Flat 5 Malachite House
2 Bed Flat | 0 m | Est. Value: £338,662
- Flat 23 Malachite House
2 Bed Flat | 0 m | Est. Value: £341,244
- Flat 10 Malachite House
2 Bed Flat | 0 m | Est. Value: £343,851
- Flat 28 Malachite House
2 Bed Flat | 0 m | Est. Value: £330,844
- Flat 30 Malachite House
3 Bed Flat | 0 m | Est. Value: £359,739
Location Comparison
Of the 40 addresses on Compass Way, Romford, RM1, Flat 2, Malachite House, Romford comes out as the 3rd largest and the 3rd most expensive in our analysis of the public data.
It is also £56k less expensive than the average property across the RM1 district.
More reading links
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
- Romford|1.0 km away
- Gidea Park|2.1 km away
Risk of Flooding
The flood risk here is rated Very Low, based on Environment Agency data.
