32, ALBERT ROAD, ROMFORD, RM1 2PJ - £365,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

32 ALBERT ROAD is a very small extended detached house of 80m², built sometime between 1930 and 1949. It was last sold for £365,000 in September 2016, which was around 46% below the average September 2016 detached price in the Havering local authority area. The most recent EPC inspection was October 2015, where the current energy rating was E, and the potential energy rating was C.

32 ALBERT ROAD Sold Prices

Land registry data shows three sales for 32 ALBERT ROAD since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Havering local authority area for the corresponding sale date. All of the three 32 ALBERT ROAD 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 16 SEP	£365,000	£672,272	46% below HPI
2016 22 JAN	£328,000	£601,790	45% below HPI
1996 9 SEP	£56,000	£138,145	59% below HPI

32 ALBERT ROAD Price Paid vs. HPI Average

The below graph shows the average detached house price in the Havering local authority area over time, sourced from the HPI. The three 32 ALBERT ROAD sales between September 1996 and September 2016 have been plotted on the graph. A line has been extrapolated to show what the value of the property might have been over time, following each sale, had it maintained the same margin above or below the HPI (as a percentage). For example, the January 2016 sale was for 45% below the HPI. So the extrapolation line tracks at 45% below the HPI over time, until the September 2016 sale, where it falls to 46% below the HPI. The line then continues to track at 46% below the HPI.

How Large is 32 ALBERT ROAD?

32 ALBERT ROAD is 80m², which includes two extensions, according to the EPC inspection conducted in October 2015. This puts it in the smallest 20% of detached houses in Romford, based on EPC data. The below chart shows the distribution of detached houses by size in Romford, and where 32 ALBERT ROAD lies on this distribution: 11% of detached houses are smaller than 32 ALBERT ROAD, and 89% of houses are larger. Note that EPC data is not available for all properties in Romford.

32 ALBERT ROAD: Plot and Title Map

32 ALBERT ROAD sits on a plot of roughly 0.131 of an acre, or 529m². The below map shows the location of 32 ALBERT ROAD, an approximate outline of the building(s), and the indicative extent of the property. The plot extent is a Land Registry INSPIRE Index Polygon, and it is important to note that a title may include more than one polygon, whereas only one polygon is shown on the map (the polygon which intersects with the position of 32 ALBERT ROAD). The full extent of the land contained in any registered title can only be identified from the individual title plan. The maps on this page should not be relied upon to establish the extent of a title.

Where is 32 ALBERT ROAD?

32 ALBERT ROAD is located in ROMFORD, in the RM1 postcode district. The below map shows the position of No. 32 on ALBERT ROAD.