62 George Street

    62, GEORGE STREET, ROMFORD, RM1 2DS

    This terraced freehold property on George Street last sold in September 2016 for £333,000. Based on price growth in the RM1 district since then, its estimated current value is £422,848 — placing it in the 70th percentile nationally and the 47th percentile within RM1. The property covers 71 m² (764 sq ft), giving an estimated value of £5,956 per m². The EPC rating is D, with a potential rating of B.

    Type

    Terraced

    Tenure

    Freehold

    Floor Area

    764 sq ft

    71 m²

    Last Sale Price

    £333,000

    Sept 2016

    Estimated Valuation

    £422,848

    Est. £/sq ft

    £553/sq ft

    £5,956/m²

    Property Details

    TypeTerraced
    TenureFreehold
    Built formMid-Terrace
    Construction ageEngland and Wales: before 1900
    Habitable rooms2
    Main fuelmains gas (not community)
    EPC currentD
    EPC potentialB
    Floor area764 sq ft (71 m²)
    EPC dateMay 2016
    WallsSolid brick, as built, no insulation (assumed)
    HeatingBoiler and radiators, mains gas

    Transaction History

    2 Sept 2016

    £333,000

    21 Dec 2005

    £176,000

    15 May 1995

    £40,750

    Key Metrics

    Estimated valuation£422,848
    Value per sq ft / m²£553/sq ft (£5,956/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    RM1 district percentile47th percentile
    National percentile70th percentile

    District Context — RM1

    RM1 covers Romford and surrounding areas in East London, positioned in the east of the capital. It is a diverse, mixed-tenure neighbourhood with strong demand from families and commuters seeking affordable space within reach of London.

    Average Property Price - RM1

    £442,446

    73

    National percentile

    Average Net Household Income - RM1

    £47,792

    83

    National percentile

    10-Year Annualised Price Growth - RM1

    4.2%

    72

    National percentile

    10-Year Annualised Rent Growth - RM

    4.4%

    80

    National percentile

    View full analysis for RM1

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