111, SHEPHERDS CLOSE, ROMFORD, RM6 5AJ - £140,000

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.

111 SHEPHERDS CLOSE is a very large flat of 140m², built sometime between 1950 and 1966, which could now be worth an estimated £257,649. It was last sold for £140,000 in November 2005, which was around 17% below the average November 2005 flat price in the Redbridge local authority area. The most recent EPC inspection was November 2014, where the current energy rating was D, and the potential energy rating was C.

111 SHEPHERDS CLOSE Sold Prices

Land registry data shows three sales for 111 SHEPHERDS CLOSE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average flat price in the Redbridge local authority area for the corresponding sale date. All of the three 111 SHEPHERDS 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
2005 25 NOV	£140,000	£169,388	17% below HPI
2002 29 AUG	£114,995	£130,586	12% below HPI
1999 30 APR	£59,500	£71,147	16% below HPI

What might 111 SHEPHERDS CLOSE be worth now?

111 SHEPHERDS CLOSE might now be worth an estimated £257,649.

This is based on house price inflation of 84%, between November 2005 and May 2026, for flats, in the Redbridge local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 84% inflationary increase is applied to the most recent sale price for 111 SHEPHERDS CLOSE of £140,000 on 25th November 2005. For the value to have increased from £140,000 to £257,649 over the 21 years and six months to May 2026, the following assumptions must hold true:

• The value of 111 SHEPHERDS CLOSE has moved in line with the HPI for flats in the Redbridge local authority area.
• The November 2005 sale price of £140,000 represented a fair market value for the property.
• The size, condition, and specification of 111 SHEPHERDS CLOSE has not materially changed since November 2005.

How Large is 111 SHEPHERDS CLOSE?

111 SHEPHERDS CLOSE is 140m² according to the EPC inspection conducted in November 2014. This puts it in the largest 10% of flats in London, based on EPC data. 99% of flats are smaller than 111 SHEPHERDS CLOSE, and 1% of flats are larger. Note that EPC data is not available for all properties in London.

111 SHEPHERDS CLOSE: Plot

111 SHEPHERDS CLOSE sits on a plot of roughly 1.6 acres, or 6,400m².

Where is 111 SHEPHERDS CLOSE?

111 SHEPHERDS CLOSE is located in ROMFORD, in the RM6 postcode district.