31 Richmond Road

    31, RICHMOND ROAD, ROMFORD, RM1 2DX

    This terraced freehold property on Richmond Road last sold in July 2022 for £365,000. Based on price growth in the RM1 district since then, its estimated current value is £348,755 — placing it in the 59th percentile nationally and the 39th percentile within RM1. The property covers 71 m² (764 sq ft), giving an estimated value of £4,912 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

    £365,000

    Jul 2022

    Estimated Valuation

    £348,755

    Est. £/sq ft

    £456/sq ft

    £4,912/m²

    Property Details

    TypeTerraced
    TenureFreehold
    Built formMid-Terrace
    Construction ageEngland and Wales: 1900-1929
    Habitable rooms4
    Main fuelmains gas (not community)
    EPC currentD
    EPC potentialB
    Floor area764 sq ft (71 m²)
    EPC dateSept 2012
    WallsSolid brick, as built, no insulation (assumed)
    HeatingBoiler and radiators, mains gas

    Transaction History

    14 Jul 2022

    £365,000

    19 Aug 2005

    £182,000

    25 Jul 1997

    £60,000

    Key Metrics

    Estimated valuation£348,755
    Value per sq ft / m²£456/sq ft (£4,912/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    RM1 district percentile39th percentile
    National percentile59th 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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