Malt House Place, Romford
OC

Malt House Place, Romford

By OC Homes

£ 260,000

Reviews

3 out of 5 stars

OC Homes says ..

** TWO BEDROOM APARTMENT WITHIN GATED DEVELOPMENT IN THE HEART OF ROMFORD TOWN CENTRE. CHAIN FREE ** * VIRTUAL TOUR ONLINE * OC Homes are delighted to present to the sales market, this well presented two bedroom flat on the second floor of this modern development located just by...

Property Oracle says ..

The property is a 2-bedroom flat located at Malt House Place, Romford, in the Havering district of London. It is listed at £260,000 and has 445.60 sqft of living space and a 475 sqft plot. The property is within 0.48 KM of Romford TfL Rail station, providing convenient access to public transportation. Several schools with good Ofsted ratings are also located nearby, including Concordia Academy (Outstanding) and The Mawney Foundation School (Good), both within approximately 0.7 KM.

The flat appears to be in good condition based on the provided images. The interior is modern and well-maintained, with updated fixtures and finishes. There is no apparent need for major renovations or repairs. The small balcony offers some outdoor space.

While the plot size is relatively small for a London property, it does include a communal garden area, as shown in the images. This adds to the overall appeal and provides additional outdoor space for residents.

Considering the average price per sqft in the area is £424, and this property is listed at £260,000 for 445.60 sqft, the price per sqft is approximately £583. This is significantly higher than the average for the area. However, the property’s proximity to transport links and good schools, combined with its modern condition, could justify a higher price per sqft than the overall area average. More information on comparable properties in the immediate vicinity with similar features would be needed to fully assess the price’s reasonableness.

Therefore, we give this property 6 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *

Price
6
Condition
9
Location
8
Land
4
Bedrooms
2
Bathrooms
1
Sqft (est)
445.60
Lot (est)
475.00

The heatmap indicates the level of crime in the area. The color of the heatmap indicates the crime severity and recency.

Metrics Year-on-Year

Average area value
320,556.00 £
Decreased by 21.24 %
from 407,014.00 £
Est sale value
173,338.40 £
Decreased by 14.32 %
from 202,302.40 £
Average area rental value
1,673.00 £/mo
Decreased by 4.18 %
from 1,746.00 £/mo
Est letting value
891.20 £/mo
Increased by 100.00 %
from 445.60 £/mo
Est rental Yield
6.26 %
Increased by 21.55 %
from 5.15 %
Crime Rate
28.00 %
Unchanged by 0.00 %
from 28.00 %

Agent Activity

  • OC Homes created the listing.

Nearby Schools

NameTypeOfstedDistance
The Mawney Foundation SchoolFoundation SchoolGood0.69 KM
Concordia AcademyFree SchoolsOutstanding0.69 KM
St Edward'S Church Of England Voluntary Aided Primary SchoolVoluntary Aided SchoolGood0.69 KM
St Peter'S Catholic Primary SchoolVoluntary Aided SchoolOutstanding0.79 KM
Bep AcademyOther Independent SchoolGood0.90 KM

Images

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Nearby Streets

NameAverage PriceAverage SqftDistance
Brewery Walk £ 000.00 KM
The Brewery Walk £ 275,00000.00 KM
The Mews £ 275,00000.00 KM
Ducking Stool Court £ 240,00000.00 KM
A118 £ 000.00 KM

Nearby Transport

NameNLCTLCDistance
Romford6886RMF0.48 KM
Gidea Park6877GDP2.91 KM
Emerson Park7473EMP4.55 KM
Chadwell Heath6874CTH5.75 KM
Harold Wood6879HRO6.11 KM

Nearby Listings

AddressPriceTypeScoreDistance
Malt House Place, Romford £ 260,000BUY6 / 100.00 KM
Malt House Place, Romford, RM1 £ 270,000BUY6 / 100.05 KM
Malt House Place, Romford, RM1 £ 280,000BUY7 / 100.07 KM
South Street, Romford, RM1 £ 270,000BUY5 / 100.09 KM
South Street, Romford, RM1 1NL £ 200,000BUY6 / 100.10 KM

Nearby Properties

AddressPriceDistance
50 Malt House Place £ 280,0000.04 KM
9 Malt House Place £ 147,5000.04 KM
23 Malt House Place £ 240,0000.04 KM
17 Malt House Place £ 147,5000.04 KM
19 Malt House Place £ 155,0000.04 KM