43, WALMER CLOSE, ROMFORD, RM7 8QH - £400,000

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.

43 WALMER CLOSE is a midsized extended semi-detached house of 121m², built sometime between 1950 and 1966, which could now be worth an estimated £494,980. It was last sold for £400,000 in April 2019, which was around 6% below the average April 2019 semi-detached price in the Havering local authority area. The most recent EPC inspection was November 2018, where the current energy rating was D, and the potential energy rating was C.

43 WALMER CLOSE Sold Prices

Land registry data shows two sales for 43 WALMER CLOSE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average semi-detached price in the Havering local authority area for the corresponding sale date. Both of the two 43 WALMER CLOSE sales were for below 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
2019 5 APR	£400,000	£427,612	6% below HPI
1995 24 MAY	£77,000	£79,861	4% below HPI

43 WALMER CLOSE Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the Havering local authority area over time, sourced from the HPI. The two 43 WALMER CLOSE sales from May 1995 and April 2019 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 May 1995 sale was for 4% below the HPI. So the extrapolation line tracks at 4% below the HPI over time, until the April 2019 sale, where it falls to 6% below the HPI. The line then continues to track at 6% below the HPI.

What might 43 WALMER CLOSE be worth now?

43 WALMER CLOSE might now be worth an estimated £494,980.

This is based on house price inflation of 23.7%, between April 2019 and February 2025, for semi-detached 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 23.7% inflationary increase is applied to the most recent sale price for 43 WALMER CLOSE of £400,000 on 5th April 2019. For the value to have increased from £400,000 to £494,980 over the six years and two months to February 2025, the following assumptions must hold true:

• The value of 43 WALMER CLOSE has moved in line with the HPI for semi-detached houses in the Havering local authority area.
• The April 2019 sale price of £400,000 represented a fair market value for the property.
• The size, condition, and specification of 43 WALMER CLOSE has not materially changed since April 2019.

How Large is 43 WALMER CLOSE?

43 WALMER CLOSE is 121m², which includes two extensions, according to the EPC inspection conducted in November 2018. This puts it in the smallest 50% of semi-detached houses houses in Romford, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Romford, and where 43 WALMER CLOSE lies on this distribution: 49% of semi-detached houses houses are smaller than 43 WALMER CLOSE, and 50% of houses are larger. Note that EPC data is not available for all properties in Romford.

43 WALMER CLOSE: Plot and Title Map

43 WALMER CLOSE sits on a plot of roughly 0.079 of an acre, or 318m². The below map shows the location of 43 WALMER CLOSE, 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 43 WALMER CLOSE). 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 43 WALMER CLOSE?

43 WALMER CLOSE is located in ROMFORD, in the RM7 postcode district. The below map shows the position of No. 43 on WALMER CLOSE.