18, STEPHENS CLOSE, ROMFORD, RM3 7RS - £67,500

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 STEPHENS CLOSE is a very small flat of 25m², built sometime between 1967 and 1975, which could now be worth an estimated £117,879. It was last sold for £67,500 in July 2013, which was around 54% below the average July 2013 flat price in the Havering local authority area. The most recent EPC inspection was September 2023, where the current energy rating was D, and the potential energy rating was C.

18 STEPHENS CLOSE Sold Prices

Land registry data shows three sales for 18 STEPHENS 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 Havering local authority area for the corresponding sale date. All of the three 18 STEPHENS 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
2013 19 JUL	£67,500	£145,950	54% below HPI
2002 31 JUL	£62,000	£105,425	41% below HPI
1998 28 AUG	£29,500	£58,449	50% below HPI

What might 18 STEPHENS CLOSE be worth now?

18 STEPHENS CLOSE might now be worth an estimated £117,879.

This is based on house price inflation of 74.6%, between July 2013 and May 2026, for flats, in the Havering local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 74.6% inflationary increase is applied to the most recent sale price for 18 STEPHENS CLOSE of £67,500 on 19th July 2013. For the value to have increased from £67,500 to £117,879 over the thirteen years and two months to May 2026, the following assumptions must hold true:

• The value of 18 STEPHENS CLOSE has moved in line with the HPI for flats in the Havering local authority area.
• The July 2013 sale price of £67,500 represented a fair market value for the property.
• The size, condition, and specification of 18 STEPHENS CLOSE has not materially changed since July 2013.

How Large is 18 STEPHENS CLOSE?

18 STEPHENS CLOSE is 25m² according to the EPC inspection conducted in September 2023. This puts it in the smallest 10% of flats in London, based on EPC data. Less than 1% of flats are smaller than 18 STEPHENS CLOSE, and more than 99% of flats are larger. Note that EPC data is not available for all properties in London.

18 STEPHENS CLOSE: Plot

18 STEPHENS CLOSE sits on a plot of roughly 0.192 of an acre, or 775m².

Where is 18 STEPHENS CLOSE?

18 STEPHENS CLOSE is located in ROMFORD, in the RM3 postcode district.