14 Wallace Way

    14, WALLACE WAY, ROMFORD, RM1 4TG

    This detached freehold property on Wallace Way last sold in December 2018 for £685,000. Based on price growth in the RM1 district since then, its estimated current value is £840,737 — placing it in the 94th percentile nationally and the 96th percentile within RM1. The property covers 206 m² (2,217 sq ft), giving an estimated value of £4,081 per m². The EPC rating is C, with a potential rating of B.

    Type

    Detached

    Tenure

    Freehold

    Floor Area

    2,217 sq ft

    206 m²

    Last Sale Price

    £685,000

    Dec 2018

    Estimated Valuation

    £840,737

    Est. £/sq ft

    £379/sq ft

    £4,081/m²

    Property Details

    TypeDetached
    TenureFreehold
    Built formDetached
    Construction ageEngland and Wales: 2003-2006
    Habitable rooms8
    Main fuelmains gas (not community)
    EPC currentC
    EPC potentialB
    Floor area2,217 sq ft (206 m²)
    EPC dateJan 2018
    WallsTimber frame, as built, insulated (assumed)
    HeatingBoiler and radiators, mains gas

    Transaction History

    14 Dec 2018

    £685,000

    17 Apr 2009

    £420,000

    22 Dec 2003

    New build

    £399,950

    Key Metrics

    Estimated valuation£840,737
    Value per sq ft / m²£379/sq ft (£4,081/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    RM1 district percentile96th 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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