45 Albert Road

    45, ALBERT ROAD, ROMFORD, RM1 2PS

    This terraced freehold property on Albert Road last sold in February 2023 for £347,500. Based on price growth in the RM1 district since then, its estimated current value is £340,731 — placing it in the 57th percentile nationally and the 39th percentile within RM1. The property covers 79 m² (850 sq ft), giving an estimated value of £4,313 per m². The EPC rating is D, with a potential rating of B.

    Type

    Terraced

    Tenure

    Freehold

    Floor Area

    850 sq ft

    79 m²

    Last Sale Price

    £347,500

    Feb 2023

    Estimated Valuation

    £340,731

    Est. £/sq ft

    £401/sq ft

    £4,313/m²

    Property Details

    TypeTerraced
    TenureFreehold
    Built formEnd-Terrace
    Construction ageEngland and Wales: 1930-1949
    Habitable rooms4
    Main fuelmains gas (not community)
    EPC currentD
    EPC potentialB
    Floor area850 sq ft (79 m²)
    EPC dateAug 2022
    WallsSolid brick, as built, no insulation (assumed)
    HeatingBoiler and radiators, mains gas

    Transaction History

    3 Feb 2023

    £347,500

    14 Feb 2002

    £115,000

    6 Nov 2000

    £80,500

    Key Metrics

    Estimated valuation£340,731
    Value per sq ft / m²£401/sq ft (£4,313/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    RM1 district percentile39th percentile
    National percentile57th 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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