Our Data Sources
Flat 22, 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
In very good condition, we estimate Flat 22, Malachite House, Romford would be worth £377,726, with a potential rental value of £1,975 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £334,557, with a rental value of £1,749 per month.
The extent to which decoration affects a property's value depends on its type, size and location.
Energy Efficiency
Flat 22, 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
Flat 22, Malachite House, Romford last changed hands on 22nd March 2023, selling for £415,000. The transaction was logged as a leasehold flat by HM Land Registry.
That is its only recorded sale since 1995.
The market for similar properties has dropped by 15.7% since March 2023.
- Sold Mar 2023£415,000
Similar Properties Sold Nearby
Land Registry records and our Estate Agent network show 36 sales of comparable properties within 400 metres of Flat 22, Malachite House, Romford since 2022.
Most recently, Flat 20, Malachite House, Compass Way, Romford, RM1 1DF, a leasehold flat, sold at £317,000 on the 5th April 2024.
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 £335,701, ranging from £292,531 to £359,739.
- Flat 2 Malachite House
3 Bed Flat | 0 m | Est. Value: £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
Location Comparison
Our analysis of the public data ranks Flat 22, Malachite House, Romford as the 2nd largest and the 2nd most expensive of the 40 addresses on Compass Way, Romford, RM1.
Against the RM1 postcode district average, it is £56k less expensive than the typical property.
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
Environment Agency data suggests this area has a Very Low risk of flooding.
