18 Wallace Way

    18, WALLACE WAY, ROMFORD, ROMFORD, RM1 4TG

    This detached freehold property on Wallace Way last sold in May 2005 for £446,995. Based on price growth in the RM1 district since then, its estimated current value is £804,351 — placing it in the 93rd percentile nationally and the 94th percentile within RM1. The property covers 237 m² (2,551 sq ft), giving an estimated value of £3,394 per m². The EPC rating is C, with a potential rating of C.

    Type

    Detached

    Tenure

    Freehold

    Floor Area

    2,551 sq ft

    237 m²

    Last Sale Price

    £446,995

    May 2005

    Estimated Valuation

    £804,351

    Est. £/sq ft

    £315/sq ft

    £3,394/m²

    Property Details

    TypeDetached
    TenureFreehold
    Built formDetached
    Construction ageEngland and Wales: 2003-2006
    Habitable rooms7
    Main fuelmains gas (not community)
    EPC currentC
    EPC potentialC
    Floor area2,551 sq ft (237 m²)
    EPC dateNov 2024
    WallsCavity wall, as built, insulated (assumed)
    HeatingBoiler and radiators, mains gas

    Transaction History

    27 May 2005

    £446,995

    31 Oct 2003

    New build

    £402,000

    Key Metrics

    Estimated valuation£804,351
    Value per sq ft / m²£315/sq ft (£3,394/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    RM1 district percentile94th percentile
    National percentile93rd 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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