21, STEPHENS CLOSE, ROMFORD, RM3 7RS - £98,000

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.

21 STEPHENS CLOSE is a very small flat of 25m², built sometime between 1983 and 1990, which could now be worth an estimated £112,117. It was last sold for £98,000 in July 2016, which was around 56% below the average July 2016 flat price in the Havering local authority area. The most recent EPC inspection was April 2013, where the current energy rating was C, and the potential energy rating was C.

21 STEPHENS CLOSE Sold Prices

Land registry data shows two sales for 21 STEPHENS CLOSE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average flat price in the Havering local authority area for the corresponding sale date. Both of the two 21 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
2016 12 JUL	£98,000	£222,787	56% below HPI
2014 17 JAN	£65,000	£153,037	58% below HPI

What might 21 STEPHENS CLOSE be worth now?

21 STEPHENS CLOSE might now be worth an estimated £112,117.

This is based on house price inflation of 14.4%, between July 2016 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 14.4% inflationary increase is applied to the most recent sale price for 21 STEPHENS CLOSE of £98,000 on 12th July 2016. For the value to have increased from £98,000 to £112,117 over the ten years and two months to May 2026, the following assumptions must hold true:

• The value of 21 STEPHENS CLOSE has moved in line with the HPI for flats in the Havering local authority area.
• The July 2016 sale price of £98,000 represented a fair market value for the property.
• The size, condition, and specification of 21 STEPHENS CLOSE has not materially changed since July 2016.

How Large is 21 STEPHENS CLOSE?

21 STEPHENS CLOSE is 25m² according to the EPC inspection conducted in April 2013. This puts it in the smallest 10% of flats in London, based on EPC data. Less than 1% of flats are smaller than 21 STEPHENS CLOSE, and more than 99% of flats are larger. Note that EPC data is not available for all properties in London.

21 STEPHENS CLOSE: Plot

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

Where is 21 STEPHENS CLOSE?

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