5 Parkland Avenue

    5, PARKLAND AVENUE, ROMFORD, RM1 4EL

    This detached freehold property on Parkland Avenue last sold in June 2015 for £630,000. Based on price growth in the RM1 district since then, its estimated current value is £866,546 — placing it in the 94th percentile nationally and the 97th percentile within RM1. The property covers 153 m² (1,647 sq ft), giving an estimated value of £5,664 per m². The EPC rating is D, with a potential rating of C.

    Type

    Detached

    Tenure

    Freehold

    Floor Area

    1,647 sq ft

    153 m²

    Last Sale Price

    £630,000

    Jun 2015

    Estimated Valuation

    £866,546

    Est. £/sq ft

    £526/sq ft

    £5,664/m²

    Property Details

    TypeDetached
    TenureFreehold
    Built formDetached
    Construction ageEngland and Wales: 1930-1949
    Habitable rooms7
    Main fuelmains gas (not community)
    EPC currentD
    EPC potentialC
    Floor area1,647 sq ft (153 m²)
    EPC dateDec 2014
    WallsSolid brick, as built, no insulation (assumed)
    HeatingBoiler and radiators, mains gas

    Transaction History

    1 Jun 2015

    £630,000

    30 May 2001

    £199,000

    Key Metrics

    Estimated valuation£866,546
    Value per sq ft / m²£526/sq ft (£5,664/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    RM1 district percentile97th percentile
    National percentile94th 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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