4, JOYES CLOSE, ROMFORD, RM3 9DF - £428,500

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.

4 JOYES CLOSE is a very small extended semi-detached house of 80m², built sometime between 1991 and 1995, which could now be worth an estimated £463,413. It was last sold for £428,500 in May 2023, which was around 15% below the average May 2023 semi-detached price in the Havering local authority area. The most recent EPC inspection was December 2020, where the current energy rating was D, and the potential energy rating was B.

4 JOYES CLOSE Sold Prices

Land registry data shows one sale for 4 JOYES CLOSE since 1^st January 1995. The below table shows the price paid for the one sale, along with the average semi-detached 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
2023 5 MAY	£428,500	£504,770	15% below HPI

What might 4 JOYES CLOSE be worth now?

4 JOYES CLOSE might now be worth an estimated £463,413.

This is based on house price inflation of 8.1%, between May 2023 and May 2026, for semi-detached 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 8.1% inflationary increase is applied to the most recent sale price for 4 JOYES CLOSE of £428,500 on 5th May 2023. For the value to have increased from £428,500 to £463,413 over the three years to May 2026, the following assumptions must hold true:

• The value of 4 JOYES CLOSE has moved in line with the HPI for semi-detached houses in the Havering local authority area.
• The May 2023 sale price of £428,500 represented a fair market value for the property.
• The size, condition, and specification of 4 JOYES CLOSE has not materially changed since May 2023.

How Large is 4 JOYES CLOSE?

4 JOYES CLOSE is 80m², which includes one extension, according to the EPC inspection conducted in December 2020. This puts it in the smallest 20% of semi-detached houses in London, based on EPC data. The below chart shows the distribution of semi-detached houses by size in London, and where 4 JOYES CLOSE lies on this distribution: 17% of semi-detached houses are smaller than 4 JOYES CLOSE, and 81% of semi-detached houses are larger. Note that EPC data is not available for all properties in London.

4 JOYES CLOSE: Plot

4 JOYES CLOSE sits on a plot of roughly 0.063 of an acre, or 255m².

Where is 4 JOYES CLOSE?

4 JOYES CLOSE is located in ROMFORD, in the RM3 postcode district.