7 Oaklands Avenue

    7, OAKLANDS AVENUE, ROMFORD, RM1 4DB

    This detached freehold property on Oaklands Avenue last sold in June 2023 for £1,015,000. Based on price growth in the RM1 district since then, its estimated current value is £1,013,070 — placing it in the 96th percentile nationally and the 99th percentile within RM1. The property covers 194 m² (2,088 sq ft), giving an estimated value of £5,222 per m². The EPC rating is D, with a potential rating of C.

    Type

    Detached

    Tenure

    Freehold

    Floor Area

    2,088 sq ft

    194 m²

    Last Sale Price

    £1,015,000

    Jun 2023

    Estimated Valuation

    £1,013,070

    Est. £/sq ft

    £485/sq ft

    £5,222/m²

    Property Details

    TypeDetached
    TenureFreehold
    Built formDetached
    Construction ageEngland and Wales: 1930-1949
    Habitable rooms6
    Main fuelmains gas (not community)
    EPC currentD
    EPC potentialC
    Floor area2,088 sq ft (194 m²)
    EPC dateMar 2023
    WallsSolid brick, as built, no insulation (assumed)
    HeatingBoiler and radiators, mains gas

    Transaction History

    16 Jun 2023

    £1,015,000

    28 May 1996

    £179,662

    Key Metrics

    Estimated valuation£1,013,070
    Value per sq ft / m²£485/sq ft (£5,222/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    RM1 district percentile99th percentile
    National percentile96th 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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