61 Princes Road

    61, PRINCES ROAD, ROMFORD, RM1 2SP

    This semi-detached freehold property on Princes Road last sold in February 2017 for £515,000. Based on price growth in the RM1 district since then, its estimated current value is £704,131 — placing it in the 90th percentile nationally and the 89th percentile within RM1. The property covers 147 m² (1,582 sq ft), giving an estimated value of £4,790 per m². The EPC rating is D, with a potential rating of B.

    Type

    Semi-Detached

    Tenure

    Freehold

    Floor Area

    1,582 sq ft

    147 m²

    Last Sale Price

    £515,000

    Feb 2017

    Estimated Valuation

    £704,131

    Est. £/sq ft

    £445/sq ft

    £4,790/m²

    Property Details

    TypeSemi-Detached
    TenureFreehold
    Built formSemi-Detached
    Construction ageEngland and Wales: 1930-1949
    Habitable rooms8
    Main fuelmains gas (not community)
    EPC currentD
    EPC potentialB
    Floor area1,582 sq ft (147 m²)
    EPC dateJun 2016
    WallsSolid brick, as built, no insulation (assumed)
    HeatingBoiler and radiators, mains gas

    Transaction History

    28 Feb 2017

    £515,000

    Key Metrics

    Estimated valuation£704,131
    Value per sq ft / m²£445/sq ft (£4,790/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    RM1 district percentile89th percentile
    National percentile90th 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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