2 Park Drive

    2, PARK DRIVE, ROMFORD, ROMFORD, RM1 4LJ

    This semi-detached freehold property on Park Drive last sold in August 1996 for £68,500. Based on price growth in the RM1 district since then, its estimated current value is £448,972 — placing it in the 74th percentile nationally and the 52nd percentile within RM1. The property covers 108 m² (1,163 sq ft), giving an estimated value of £4,157 per m². The EPC rating is F, with a potential rating of B.

    Type

    Semi-Detached

    Tenure

    Freehold

    Floor Area

    1,163 sq ft

    108 m²

    Last Sale Price

    £68,500

    Aug 1996

    Estimated Valuation

    £448,972

    Est. £/sq ft

    £386/sq ft

    £4,157/m²

    Property Details

    TypeSemi-Detached
    TenureFreehold
    Built formSemi-Detached
    Construction ageEngland and Wales: 1930-1949
    Habitable rooms5
    Main fuelelectricity (not community)
    EPC currentF
    EPC potentialB
    Floor area1,163 sq ft (108 m²)
    EPC dateAug 2021
    WallsSolid brick, as built, no insulation (assumed)
    HeatingElectric storage heaters

    Transaction History

    20 Aug 1996

    £68,500

    Key Metrics

    Estimated valuation£448,972
    Value per sq ft / m²£386/sq ft (£4,157/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    RM1 district percentile52nd percentile
    National percentile74th 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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