4 Lake Rise

    4, LAKE RISE, ROMFORD, RM1 4DY

    This semi-detached freehold property on Lake Rise last sold in August 2015 for £725,000. Based on price growth in the RM1 district since then, its estimated current value is £1,128,437 — placing it in the 97th percentile nationally and the 99th percentile within RM1. The property covers 190 m² (2,045 sq ft), giving an estimated value of £5,939 per m². The EPC rating is C, with a potential rating of C.

    Type

    Semi-Detached

    Tenure

    Freehold

    Floor Area

    2,045 sq ft

    190 m²

    Last Sale Price

    £725,000

    Aug 2015

    Estimated Valuation

    £1,128,437

    Est. £/sq ft

    £552/sq ft

    £5,939/m²

    Property Details

    TypeSemi-Detached
    TenureFreehold
    Built formSemi-Detached
    Construction ageEngland and Wales: 1930-1949
    Habitable rooms7
    Main fuelmains gas (not community)
    EPC currentC
    EPC potentialC
    Floor area2,045 sq ft (190 m²)
    EPC dateMay 2014
    WallsSolid brick, as built, no insulation (assumed)
    HeatingBoiler and radiators, mains gas

    Transaction History

    6 Aug 2015

    £725,000

    26 Nov 1999

    £284,000

    Key Metrics

    Estimated valuation£1,128,437
    Value per sq ft / m²£552/sq ft (£5,939/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    RM1 district percentile99th 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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