16 Princes Road

    16, PRINCES ROAD, ROMFORD, RM1 2SR

    This terraced freehold property on Princes Road last sold in January 2016 for £332,000. Based on price growth in the RM1 district since then, its estimated current value is £421,578 — placing it in the 70th percentile nationally and the 47th percentile within RM1. The property covers 79 m² (850 sq ft), giving an estimated value of £5,336 per m². The EPC rating is C, with a potential rating of B.

    Type

    Terraced

    Tenure

    Freehold

    Floor Area

    850 sq ft

    79 m²

    Last Sale Price

    £332,000

    Jan 2016

    Estimated Valuation

    £421,578

    Est. £/sq ft

    £496/sq ft

    £5,336/m²

    Property Details

    TypeTerraced
    TenureFreehold
    Built formMid-Terrace
    Construction ageEngland and Wales: 1930-1949
    Habitable rooms5
    Main fuelmains gas (not community)
    EPC currentC
    EPC potentialB
    Floor area850 sq ft (79 m²)
    EPC dateJul 2015
    WallsSolid brick, as built, no insulation (assumed)
    HeatingBoiler and radiators, mains gas

    Transaction History

    29 Jan 2016

    £332,000

    15 Aug 2013

    £245,000

    16 Jun 2006

    £218,500

    17 Jul 2001

    £124,000

    Key Metrics

    Estimated valuation£421,578
    Value per sq ft / m²£496/sq ft (£5,336/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    RM1 district percentile47th percentile
    National percentile70th 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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