54 Albert Road

    54, ALBERT ROAD, ROMFORD, RM1 2PP

    This terraced freehold property on Albert Road last sold in October 2023 for £310,000. Based on price growth in the RM1 district since then, its estimated current value is £303,961 — placing it in the 50th percentile nationally and the 37th percentile within RM1. The property covers 58 m² (624 sq ft), giving an estimated value of £5,241 per m². The EPC rating is D, with a potential rating of B.

    Type

    Terraced

    Tenure

    Freehold

    Floor Area

    624 sq ft

    58 m²

    Last Sale Price

    £310,000

    Oct 2023

    Estimated Valuation

    £303,961

    Est. £/sq ft

    £487/sq ft

    £5,241/m²

    Property Details

    TypeTerraced
    TenureFreehold
    Built formMid-Terrace
    Construction ageEngland and Wales: before 1900
    Habitable rooms4
    Main fuelmains gas (not community)
    EPC currentD
    EPC potentialB
    Floor area624 sq ft (58 m²)
    EPC dateApr 2023
    WallsSolid brick, as built, no insulation (assumed)
    HeatingBoiler and radiators, mains gas

    Transaction History

    25 Oct 2023

    £310,000

    Key Metrics

    Estimated valuation£303,961
    Value per sq ft / m²£487/sq ft (£5,241/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    RM1 district percentile37th percentile
    National percentile50th 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

    More properties in RM1

    Streets in RM1

    Explore nearby