114 Lake Rise

    114, LAKE RISE, ROMFORD, RM1 4EE

    This semi-detached freehold property on Lake Rise last sold in December 2021 for £625,000. Based on price growth in the RM1 district since then, its estimated current value is £757,021 — placing it in the 92nd percentile nationally and the 92nd percentile within RM1. The property covers 125 m² (1,346 sq ft), giving an estimated value of £6,056 per m². The EPC rating is C, with a potential rating of B.

    Type

    Semi-Detached

    Tenure

    Freehold

    Floor Area

    1,346 sq ft

    125 m²

    Last Sale Price

    £625,000

    Dec 2021

    Estimated Valuation

    £757,021

    Est. £/sq ft

    £563/sq ft

    £6,056/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 potentialB
    Floor area1,346 sq ft (125 m²)
    EPC dateAug 2018
    WallsSolid brick, as built, no insulation (assumed)
    HeatingBoiler and radiators, mains gas

    Transaction History

    3 Dec 2021

    £625,000

    29 Jun 2009

    £262,500

    Key Metrics

    Estimated valuation£757,021
    Value per sq ft / m²£563/sq ft (£6,056/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    RM1 district percentile92nd percentile
    National percentile92nd 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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