16 Lake Rise

    16, LAKE RISE, ROMFORD, RM1 4DY

    This semi-detached freehold property on Lake Rise last sold in December 2021 for £955,000. Based on price growth in the RM1 district since then, its estimated current value is £1,156,729 — placing it in the 97th percentile nationally and the 100th percentile within RM1. The property covers 166 m² (1,787 sq ft), giving an estimated value of £6,968 per m². The EPC rating is D, with a potential rating of C.

    Type

    Semi-Detached

    Tenure

    Freehold

    Floor Area

    1,787 sq ft

    166 m²

    Last Sale Price

    £955,000

    Dec 2021

    Estimated Valuation

    £1,156,729

    Est. £/sq ft

    £647/sq ft

    £6,968/m²

    Property Details

    TypeSemi-Detached
    TenureFreehold
    Built formSemi-Detached
    Construction ageEngland and Wales: 1930-1949
    Habitable rooms6
    Main fuelmains gas (not community)
    EPC currentD
    EPC potentialC
    Floor area1,787 sq ft (166 m²)
    EPC dateAug 2021
    WallsSolid brick, as built, no insulation (assumed)
    HeatingBoiler and radiators, mains gas

    Transaction History

    20 Dec 2021

    £955,000

    13 Feb 2007

    £545,000

    29 Mar 2004

    £400,000

    Key Metrics

    Estimated valuation£1,156,729
    Value per sq ft / m²£647/sq ft (£6,968/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    RM1 district percentile100th percentile
    National percentile97th 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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