87 Lake Rise

    87, LAKE RISE, ROMFORD, RM1 4EF

    This semi-detached freehold property on Lake Rise last sold in June 2023 for £638,000. Based on price growth in the RM1 district since then, its estimated current value is £713,267 — placing it in the 91st percentile nationally and the 89th percentile within RM1. The property covers 107 m² (1,152 sq ft), giving an estimated value of £6,666 per m². The EPC rating is D, with a potential rating of B.

    Type

    Semi-Detached

    Tenure

    Freehold

    Floor Area

    1,152 sq ft

    107 m²

    Last Sale Price

    £638,000

    Jun 2023

    Estimated Valuation

    £713,267

    Est. £/sq ft

    £619/sq ft

    £6,666/m²

    Property Details

    TypeSemi-Detached
    TenureFreehold
    Built formSemi-Detached
    Construction ageEngland and Wales: 1930-1949
    Habitable rooms5
    Main fuelmains gas (not community)
    EPC currentD
    EPC potentialB
    Floor area1,152 sq ft (107 m²)
    EPC dateMar 2023
    WallsSolid brick, as built, no insulation (assumed)
    HeatingBoiler and radiators, mains gas

    Transaction History

    23 Jun 2023

    £638,000

    Key Metrics

    Estimated valuation£713,267
    Value per sq ft / m²£619/sq ft (£6,666/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    RM1 district percentile89th 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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