35, STEPHENS CLOSE, ROMFORD, RM3 7RS - £317,000

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.

35 STEPHENS CLOSE is a midsized terraced house of 87m², built in 2014, which could now be worth an estimated £462,533. It was last sold for £317,000 in December 2015, which was around 5% above the average December 2015 terraced price in the Havering local authority area. The most recent EPC inspection was November 2015, where the current energy rating was B, and the potential energy rating was B.

35 STEPHENS CLOSE Sold Prices

Land registry data shows one sale for 35 STEPHENS 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 Havering 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
2015 23 DEC	£317,000	£300,605	5% above HPI

What might 35 STEPHENS CLOSE be worth now?

35 STEPHENS CLOSE might now be worth an estimated £462,533.

This is based on house price inflation of 45.9%, between December 2015 and May 2026, for terraced houses, in the Havering local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 45.9% inflationary increase is applied to the most recent sale price for 35 STEPHENS CLOSE of £317,000 on 23rd December 2015. For the value to have increased from £317,000 to £462,533 over the eleven years and seven months to May 2026, the following assumptions must hold true:

• The value of 35 STEPHENS CLOSE has moved in line with the HPI for terraced houses in the Havering local authority area.
• The December 2015 sale price of £317,000 represented a fair market value for the property.
• The size, condition, and specification of 35 STEPHENS CLOSE has not materially changed since December 2015.

How Large is 35 STEPHENS CLOSE?

35 STEPHENS CLOSE is 87m² according to the EPC inspection conducted in November 2015. This puts it in the smallest 50% of terraced houses in London, based on EPC data. The below chart shows the distribution of terraced houses by size in London, and where 35 STEPHENS CLOSE lies on this distribution: 42% of terraced houses are smaller than 35 STEPHENS CLOSE, and 56% of terraced houses are larger. Note that EPC data is not available for all properties in London.

35 STEPHENS CLOSE: Plot

35 STEPHENS CLOSE sits on a plot of roughly 2.7 acres, or 10,980m².

Where is 35 STEPHENS CLOSE?

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