96, SHEPHERDS CLOSE, ROMFORD, RM6 5AJ - £165,000

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.

96 SHEPHERDS CLOSE is a midsized flat of 65m², built sometime between 1967 and 1975, which could now be worth an estimated £226,748. It was last sold for £165,000 in May 2015, which was around 27% below the average May 2015 flat price in the Redbridge local authority area. The most recent EPC inspection was September 2013, where the current energy rating was C, and the potential energy rating was B.

96 SHEPHERDS CLOSE Sold Prices

Land registry data shows two sales for 96 SHEPHERDS 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 Redbridge local authority area for the corresponding sale date. Both of the two 96 SHEPHERDS 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
2015 11 MAY	£165,000	£226,842	27% below HPI
2006 21 JUL	£126,500	£177,824	29% below HPI

What might 96 SHEPHERDS CLOSE be worth now?

96 SHEPHERDS CLOSE might now be worth an estimated £226,748.

This is based on house price inflation of 37.4%, between May 2015 and May 2026, for flats, in the Redbridge local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 37.4% inflationary increase is applied to the most recent sale price for 96 SHEPHERDS CLOSE of £165,000 on 11th May 2015. For the value to have increased from £165,000 to £226,748 over the eleven years to May 2026, the following assumptions must hold true:

• The value of 96 SHEPHERDS CLOSE has moved in line with the HPI for flats in the Redbridge local authority area.
• The May 2015 sale price of £165,000 represented a fair market value for the property.
• The size, condition, and specification of 96 SHEPHERDS CLOSE has not materially changed since May 2015.

How Large is 96 SHEPHERDS CLOSE?

96 SHEPHERDS CLOSE is 65m² according to the EPC inspection conducted in September 2013. This puts it in the largest 50% of flats in London, based on EPC data. 56% of flats are smaller than 96 SHEPHERDS CLOSE, and 43% of flats are larger. Note that EPC data is not available for all properties in London.

96 SHEPHERDS CLOSE: Plot

96 SHEPHERDS CLOSE sits on a plot of roughly 1.6 acres, or 6,400m².

Where is 96 SHEPHERDS CLOSE?

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