77 Lake Rise

    77, LAKE RISE, ROMFORD, RM1 4EF

    This detached freehold property on Lake Rise last sold in January 2023 for £725,000. Based on price growth in the RM1 district since then, its estimated current value is £723,622 — placing it in the 91st percentile nationally and the 90th percentile within RM1. The property covers 95 m² (1,023 sq ft), giving an estimated value of £7,617 per m². The EPC rating is D, with a potential rating of B.

    Type

    Detached

    Tenure

    Freehold

    Floor Area

    1,023 sq ft

    95 m²

    Last Sale Price

    £725,000

    Jan 2023

    Estimated Valuation

    £723,622

    Est. £/sq ft

    £708/sq ft

    £7,617/m²

    Property Details

    TypeDetached
    TenureFreehold
    Built formDetached
    Construction ageEngland and Wales: 1930-1949
    Habitable rooms5
    Main fuelmains gas (not community)
    EPC currentD
    EPC potentialB
    Floor area1,023 sq ft (95 m²)
    EPC dateJan 2018
    WallsSolid brick, as built, no insulation (assumed)
    HeatingBoiler and radiators, mains gas

    Transaction History

    6 Jan 2023

    £725,000

    20 Apr 2018

    £542,500

    Key Metrics

    Estimated valuation£723,622
    Value per sq ft / m²£708/sq ft (£7,617/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    RM1 district percentile90th percentile
    National percentile91st 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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