108 Lake Rise

    108, LAKE RISE, ROMFORD, RM1 4EE

    This terraced freehold property on Lake Rise last sold in November 2022 for £700,000. Based on price growth in the RM1 district since then, its estimated current value is £668,845 — placing it in the 89th percentile nationally and the 86th percentile within RM1. The property covers 99 m² (1,066 sq ft), giving an estimated value of £6,756 per m². The EPC rating is D, with a potential rating of B.

    Type

    Terraced

    Tenure

    Freehold

    Floor Area

    1,066 sq ft

    99 m²

    Last Sale Price

    £700,000

    Nov 2022

    Estimated Valuation

    £668,845

    Est. £/sq ft

    £628/sq ft

    £6,756/m²

    Property Details

    TypeTerraced
    TenureFreehold
    Built formSemi-Detached
    Construction ageC
    Habitable rooms4
    Main fuelmains gas (not community)
    EPC currentD
    EPC potentialB
    Floor area1,066 sq ft (99 m²)
    EPC dateJan 2018
    WallsSolid brick, as built, no insulation (assumed)
    HeatingBoiler and radiators, mains gas

    Transaction History

    30 Nov 2022

    £700,000

    27 Apr 2018

    £518,000

    16 Dec 2016

    £500,000

    14 Aug 2013

    £300,000

    Key Metrics

    Estimated valuation£668,845
    Value per sq ft / m²£628/sq ft (£6,756/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    RM1 district percentile86th percentile
    National percentile89th 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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