9, SIMS CLOSE, ROMFORD, RM1 3QT - £452,000

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.

9 SIMS CLOSE is a very small extended terraced house of 90m², built sometime between 1967 and 1975, which could now be worth an estimated £481,627. It was last sold for £452,000 in June 2022, which was around 13% above the average June 2022 terraced price in the Havering local authority area. The most recent EPC inspection was April 2017, where the current energy rating was D, and the potential energy rating was B.

9 SIMS CLOSE Sold Prices

Land registry data shows two sales for 9 SIMS CLOSE 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. Both of the two 9 SIMS CLOSE sales were 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
2022 27 JUN	£452,000	£400,623	13% above HPI
2018 2 MAR	£365,000	£347,960	5% above HPI

9 SIMS CLOSE 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 9 SIMS CLOSE sales from March 2018 and June 2022 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 March 2018 sale was for 5% above the HPI. So the extrapolation line tracks at 5% above the HPI over time, until the June 2022 sale, where it rises to 13% above the HPI. The line then continues to track at 13% above the HPI.

What might 9 SIMS CLOSE be worth now?

9 SIMS CLOSE might now be worth an estimated £481,627.

This is based on house price inflation of 6.6%, between June 2022 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 6.6% inflationary increase is applied to the most recent sale price for 9 SIMS CLOSE of £452,000 on 27th June 2022. For the value to have increased from £452,000 to £481,627 over the three years to June 2025, the following assumptions must hold true:

• The value of 9 SIMS CLOSE has moved in line with the HPI for terraced houses in the Havering local authority area.
• The June 2022 sale price of £452,000 represented a fair market value for the property.
• The size, condition, and specification of 9 SIMS CLOSE has not materially changed since June 2022.

How Large is 9 SIMS CLOSE?

9 SIMS CLOSE is 90m², which includes two extensions, according to the EPC inspection conducted in April 2017. This puts it in the smallest 20% 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 9 SIMS CLOSE lies on this distribution: 20% of terraced houses houses are smaller than 9 SIMS CLOSE, and 79% of houses are larger. Note that EPC data is not available for all properties in Romford.

9 SIMS CLOSE: Plot and Title Map

9 SIMS CLOSE sits on a plot of roughly 0.038 of an acre, or 154m². The below map shows the location of 9 SIMS 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 9 SIMS 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 9 SIMS CLOSE?

9 SIMS CLOSE is located in ROMFORD, in the RM1 postcode district. The below map shows the position of No. 9 on SIMS CLOSE.