48 Richmond Road

    48, RICHMOND ROAD, ROMFORD, ROMFORD, RM1 2DX

    This terraced freehold property on Richmond Road last sold in September 2007 for £204,995. Based on price growth in the RM1 district since then, its estimated current value is £380,374 — placing it in the 64th percentile nationally and the 41st percentile within RM1. The property covers 60 m² (646 sq ft), giving an estimated value of £6,340 per m². The EPC rating is D, with a potential rating of B.

    Type

    Terraced

    Tenure

    Freehold

    Floor Area

    646 sq ft

    60 m²

    Last Sale Price

    £204,995

    Sept 2007

    Estimated Valuation

    £380,374

    Est. £/sq ft

    £589/sq ft

    £6,340/m²

    Property Details

    TypeTerraced
    TenureFreehold
    Built formMid-Terrace
    Construction ageEngland and Wales: 1900-1929
    Habitable rooms3
    Main fuelmains gas (not community)
    EPC currentD
    EPC potentialB
    Floor area646 sq ft (60 m²)
    EPC dateMar 2024
    WallsSolid brick, as built, no insulation (assumed)
    HeatingBoiler and radiators, mains gas

    Transaction History

    17 Sept 2007

    £204,995

    8 Aug 2001

    £100,000

    25 Jun 1999

    £71,000

    Key Metrics

    Estimated valuation£380,374
    Value per sq ft / m²£589/sq ft (£6,340/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    RM1 district percentile41st percentile
    National percentile64th 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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