18, SHEPHERDS CLOSE, ROMFORD, RM6 5AD - £57,500

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.

18 SHEPHERDS CLOSE is a very small terraced house of 66m², built sometime between 1967 and 1975, which could now be worth an estimated £430,006. It was last sold for £57,500 in March 1996, which was around 22% below the average March 1996 terraced price in the Redbridge local authority area. The most recent EPC inspection was September 2023, where the current energy rating was C, and the potential energy rating was B.

18 SHEPHERDS CLOSE Sold Prices

Land registry data shows one sale for 18 SHEPHERDS CLOSE since 1^st January 1995. The below table shows the price paid for the one sale, along with the average terraced price in the Redbridge local authority area for the corresponding sale date. The average price is sourced from the Office for National Statistics' House Price Index (HPI).

Date	Price	HPI Price	Variation from HPI
1996 29 MAR	£57,500	£73,606	22% below HPI

What might 18 SHEPHERDS CLOSE be worth now?

18 SHEPHERDS CLOSE might now be worth an estimated £430,006.

This is based on house price inflation of 647.8%, between March 1996 and May 2026, for terraced houses, in the Redbridge local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 647.8% inflationary increase is applied to the most recent sale price for 18 SHEPHERDS CLOSE of £57,500 on 29th March 1996. For the value to have increased from £57,500 to £430,006 over the 29 years and ten months to May 2026, the following assumptions must hold true:

• The value of 18 SHEPHERDS CLOSE has moved in line with the HPI for terraced houses in the Redbridge local authority area.
• The March 1996 sale price of £57,500 represented a fair market value for the property.
• The size, condition, and specification of 18 SHEPHERDS CLOSE has not materially changed since March 1996.

How Large is 18 SHEPHERDS CLOSE?

18 SHEPHERDS CLOSE is 66m² according to the EPC inspection conducted in September 2023. This puts it in the smallest 20% of terraced houses in London, based on EPC data. The below chart shows the distribution of terraced houses by size in London, and where 18 SHEPHERDS CLOSE lies on this distribution: 11% of terraced houses are smaller than 18 SHEPHERDS CLOSE, and 88% of terraced houses are larger. Note that EPC data is not available for all properties in London.

18 SHEPHERDS CLOSE: Plot

18 SHEPHERDS CLOSE sits on a plot of roughly 0.051 of an acre, or 207m².

Where is 18 SHEPHERDS CLOSE?

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