38 Aveley Road

    38, AVELEY ROAD, ROMFORD, RM1 4AB

    This terraced freehold property on Aveley Road last sold in June 2022 for £405,500. Based on price growth in the RM1 district since then, its estimated current value is £387,453 — placing it in the 65th percentile nationally and the 42nd percentile within RM1. The property covers 75 m² (807 sq ft), giving an estimated value of £5,166 per m². The EPC rating is C, with a potential rating of B.

    Type

    Terraced

    Tenure

    Freehold

    Floor Area

    807 sq ft

    75 m²

    Last Sale Price

    £405,500

    Jun 2022

    Estimated Valuation

    £387,453

    Est. £/sq ft

    £480/sq ft

    £5,166/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 area807 sq ft (75 m²)
    EPC dateFeb 2022
    WallsSolid brick, as built, no insulation (assumed)
    HeatingBoiler and radiators, mains gas

    Transaction History

    16 Jun 2022

    £405,500

    18 Sept 2009

    £173,000

    15 Nov 2005

    £180,000

    17 Mar 2000

    £88,000

    14 Jul 1995

    £44,500

    Key Metrics

    Estimated valuation£387,453
    Value per sq ft / m²£480/sq ft (£5,166/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    RM1 district percentile42nd percentile
    National percentile65th 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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