51 Albert Road

    51, ALBERT ROAD, ROMFORD, RM1 2PS

    This terraced freehold property on Albert Road last sold in March 2022 for £307,000. Based on price growth in the RM1 district since then, its estimated current value is £293,336 — placing it in the 48th percentile nationally and the 36th percentile within RM1. The property covers 69 m² (743 sq ft), giving an estimated value of £4,251 per m². The EPC rating is F, with a potential rating of B.

    Type

    Terraced

    Tenure

    Freehold

    Floor Area

    743 sq ft

    69 m²

    Last Sale Price

    £307,000

    Mar 2022

    Estimated Valuation

    £293,336

    Est. £/sq ft

    £395/sq ft

    £4,251/m²

    Property Details

    TypeTerraced
    TenureFreehold
    Built formMid-Terrace
    Construction ageEngland and Wales: 1900-1929
    Habitable rooms4
    Main fuelelectricity (not community)
    EPC currentF
    EPC potentialB
    Floor area743 sq ft (69 m²)
    EPC dateFeb 2022
    WallsSolid brick, as built, no insulation (assumed)
    HeatingRoom heaters, electric

    Transaction History

    11 Mar 2022

    £307,000

    Key Metrics

    Estimated valuation£293,336
    Value per sq ft / m²£395/sq ft (£4,251/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    RM1 district percentile36th percentile
    National percentile48th 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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