3, SHEPHERDS CLOSE, ROMFORD, RM6 5AD - £130,000

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.

3 SHEPHERDS CLOSE is a very small terraced house of 70m², built sometime between 1950 and 1966, which could now be worth an estimated £466,863. It was last sold for £130,000 in March 2002, which was around 15% below the average March 2002 terraced price in the Redbridge local authority area. The most recent EPC inspection was May 2013, where the current energy rating was C, and the potential energy rating was B.

3 SHEPHERDS CLOSE Sold Prices

Land registry data shows one sale for 3 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
2002 27 MAR	£130,000	£153,276	15% below HPI

What might 3 SHEPHERDS CLOSE be worth now?

3 SHEPHERDS CLOSE might now be worth an estimated £466,863.

This is based on house price inflation of 259.1%, between March 2002 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 259.1% inflationary increase is applied to the most recent sale price for 3 SHEPHERDS CLOSE of £130,000 on 27th March 2002. For the value to have increased from £130,000 to £466,863 over the 23 years and ten months to May 2026, the following assumptions must hold true:

• The value of 3 SHEPHERDS CLOSE has moved in line with the HPI for terraced houses in the Redbridge local authority area.
• The March 2002 sale price of £130,000 represented a fair market value for the property.
• The size, condition, and specification of 3 SHEPHERDS CLOSE has not materially changed since March 2002.

How Large is 3 SHEPHERDS CLOSE?

3 SHEPHERDS CLOSE is 70m² according to the EPC inspection conducted in May 2013. 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 3 SHEPHERDS CLOSE lies on this distribution: 16% of terraced houses are smaller than 3 SHEPHERDS CLOSE, and 83% of terraced houses are larger. Note that EPC data is not available for all properties in London.

3 SHEPHERDS CLOSE: Plot

3 SHEPHERDS CLOSE sits on a plot of roughly 0.041 of an acre, or 166m².

Where is 3 SHEPHERDS CLOSE?

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