110 Lake Rise

    110, LAKE RISE, ROMFORD, RM1 4EE

    This terraced freehold property on Lake Rise last sold in February 2015 for £425,000. Based on price growth in the RM1 district since then, its estimated current value is £651,744 — placing it in the 88th percentile nationally and the 84th percentile within RM1. The property covers 112 m² (1,206 sq ft), giving an estimated value of £5,819 per m². The EPC rating is D, with a potential rating of C.

    Type

    Terraced

    Tenure

    Freehold

    Floor Area

    1,206 sq ft

    112 m²

    Last Sale Price

    £425,000

    Feb 2015

    Estimated Valuation

    £651,744

    Est. £/sq ft

    £541/sq ft

    £5,819/m²

    Property Details

    TypeTerraced
    TenureFreehold
    Built formSemi-Detached
    Construction ageEngland and Wales: 1950-1966
    Habitable rooms6
    Main fuelmains gas (not community)
    EPC currentD
    EPC potentialC
    Floor area1,206 sq ft (112 m²)
    EPC dateMay 2014
    WallsSolid brick, as built, no insulation (assumed)
    HeatingBoiler and radiators, mains gas

    Transaction History

    27 Feb 2015

    £425,000

    Key Metrics

    Estimated valuation£651,744
    Value per sq ft / m²£541/sq ft (£5,819/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    RM1 district percentile84th percentile
    National percentile88th 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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