98 Lake Rise

    98, LAKE RISE, ROMFORD, RM1 4EE

    This semi-detached freehold property on Lake Rise last sold in October 2016 for £560,000. Based on price growth in the RM1 district since then, its estimated current value is £775,181 — placing it in the 92nd percentile nationally and the 93rd percentile within RM1. The property covers 118 m² (1,270 sq ft), giving an estimated value of £6,569 per m². The EPC rating is D, with a potential rating of C.

    Type

    Semi-Detached

    Tenure

    Freehold

    Floor Area

    1,270 sq ft

    118 m²

    Last Sale Price

    £560,000

    Oct 2016

    Estimated Valuation

    £775,181

    Est. £/sq ft

    £610/sq ft

    £6,569/m²

    Property Details

    TypeSemi-Detached
    TenureFreehold
    Built formSemi-Detached
    Construction ageC
    Habitable rooms5
    Main fuelmains gas (not community)
    EPC currentD
    EPC potentialC
    Floor area1,270 sq ft (118 m²)
    EPC dateMay 2016
    WallsSolid brick, as built, no insulation (assumed)
    HeatingBoiler and radiators, mains gas

    Transaction History

    6 Oct 2016

    £560,000

    Key Metrics

    Estimated valuation£775,181
    Value per sq ft / m²£610/sq ft (£6,569/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    RM1 district percentile93rd 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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