42, MEDORA ROAD, ROMFORD, RM7 7EP - £300,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

42 MEDORA ROAD is a midsized extended terraced house of 113m², built sometime between 1967 and 1975, which could now be worth an estimated £360,509. It was last sold for £300,000 in June 2018, which was around 16% below the average June 2018 terraced price in the Havering local authority area. The most recent EPC inspection was March 2018, where the current energy rating was E, and the potential energy rating was B.

42 MEDORA ROAD Sold Prices

Land registry data shows two sales for 42 MEDORA ROAD since 1^st January 1995. The below table shows the price paid for the two sales, along with the average terraced price in the Havering local authority area for the corresponding sale date. One of the two 42 MEDORA ROAD sales was for below the average price, whilst the other was for above the average price. The average price is sourced from the Office for National Statistics' House Price Index (HPI).

Date	Price	HPI Price	Variation from HPI
2018 26 JUN	£300,000	£355,233	16% below HPI
1995 26 OCT	£87,000	£62,264	40% above HPI

42 MEDORA ROAD Price Paid vs. HPI Average

The below graph shows the average terraced house price in the Havering local authority area over time, sourced from the HPI. The two 42 MEDORA ROAD sales from October 1995 and June 2018 have been plotted on the graph. A line has been extrapolated to show what the value of the property might have been over time, following each sale, had it maintained the same margin above or below the HPI (as a percentage). For example, the October 1995 sale was for 40% above the HPI. So the extrapolation line tracks at 40% above the HPI over time, until the June 2018 sale, where it falls to 16% below the HPI. The line then continues to track at 16% below the HPI.

What might 42 MEDORA ROAD be worth now?

42 MEDORA ROAD might now be worth an estimated £360,509.

This is based on house price inflation of 20.2%, between June 2018 and June 2025, for terraced houses, in the Havering local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 20.2% inflationary increase is applied to the most recent sale price for 42 MEDORA ROAD of £300,000 on 26th June 2018. For the value to have increased from £300,000 to £360,509 over the seven years to June 2025, the following assumptions must hold true:

• The value of 42 MEDORA ROAD has moved in line with the HPI for terraced houses in the Havering local authority area.
• The June 2018 sale price of £300,000 represented a fair market value for the property.
• The size, condition, and specification of 42 MEDORA ROAD has not materially changed since June 2018.

How Large is 42 MEDORA ROAD?

42 MEDORA ROAD is 113m², which includes two extensions, according to the EPC inspection conducted in March 2018. This puts it in the smallest 50% of terraced houses houses in Romford, based on EPC data. The below chart shows the distribution of terraced houses houses by size in Romford, and where 42 MEDORA ROAD lies on this distribution: 41% of terraced houses houses are smaller than 42 MEDORA ROAD, and 58% of houses are larger. Note that EPC data is not available for all properties in Romford.

42 MEDORA ROAD: Plot and Title Map

42 MEDORA ROAD sits on a plot of roughly 0.056 of an acre, or 227m². The below map shows the location of 42 MEDORA ROAD, an approximate outline of the building(s), and the indicative extent of the property. The plot extent is a Land Registry INSPIRE Index Polygon, and it is important to note that a title may include more than one polygon, whereas only one polygon is shown on the map (the polygon which intersects with the position of 42 MEDORA ROAD). The full extent of the land contained in any registered title can only be identified from the individual title plan. The maps on this page should not be relied upon to establish the extent of a title.

Where is 42 MEDORA ROAD?

42 MEDORA ROAD is located in ROMFORD, in the RM7 postcode district. The below map shows the position of No. 42 on MEDORA ROAD.