62 Albert Road

    62, ALBERT ROAD, ROMFORD, RM1 2PP

    This terraced freehold property on Albert Road last sold in August 2015 for £311,000. Based on price growth in the RM1 district since then, its estimated current value is £476,923 — placing it in the 77th percentile nationally and the 56th percentile within RM1. The property covers 80 m² (861 sq ft), giving an estimated value of £5,962 per m². The EPC rating is C, with a potential rating of B.

    Type

    Terraced

    Tenure

    Freehold

    Floor Area

    861 sq ft

    80 m²

    Last Sale Price

    £311,000

    Aug 2015

    Estimated Valuation

    £476,923

    Est. £/sq ft

    £554/sq ft

    £5,962/m²

    Property Details

    TypeTerraced
    TenureFreehold
    Built formMid-Terrace
    Construction ageEngland and Wales: before 1900
    Habitable rooms4
    Main fuelmains gas (not community)
    EPC currentC
    EPC potentialB
    Floor area861 sq ft (80 m²)
    EPC dateSept 2023
    WallsSolid brick, as built, no insulation (assumed)
    HeatingBoiler and radiators, mains gas

    Transaction History

    12 Aug 2015

    £311,000

    18 May 2007

    £219,950

    Key Metrics

    Estimated valuation£476,923
    Value per sq ft / m²£554/sq ft (£5,962/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    RM1 district percentile56th percentile
    National percentile77th 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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