71 Lake Rise

    71, LAKE RISE, ROMFORD, RM1 4EF

    This detached freehold property on Lake Rise last sold in September 2022 for £805,000. Based on price growth in the RM1 district since then, its estimated current value is £761,510 — placing it in the 92nd percentile nationally and the 93rd percentile within RM1. The property covers 186 m² (2,002 sq ft), giving an estimated value of £4,094 per m². The EPC rating is C, with a potential rating of B.

    Type

    Detached

    Tenure

    Freehold

    Floor Area

    2,002 sq ft

    186 m²

    Last Sale Price

    £805,000

    Sept 2022

    Estimated Valuation

    £761,510

    Est. £/sq ft

    £380/sq ft

    £4,094/m²

    Property Details

    TypeDetached
    TenureFreehold
    Built formDetached
    Construction ageEngland and Wales: 1930-1949
    Habitable rooms8
    Main fuelmains gas (not community)
    EPC currentC
    EPC potentialB
    Floor area2,002 sq ft (186 m²)
    EPC dateMar 2018
    WallsSolid brick, with external insulation
    HeatingBoiler and underfloor heating, mains gas

    Transaction History

    16 Sept 2022

    £805,000

    11 Jun 2010

    £320,000

    Key Metrics

    Estimated valuation£761,510
    Value per sq ft / m²£380/sq ft (£4,094/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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