40b Wood Lane

    40B, WOOD LANE, HORNCHURCH, RM12 5HU

    This terraced freehold property on Wood Lane last sold in February 2020 for £420,000. Based on price growth in the RM12 district since then, its estimated current value is £493,573 — placing it in the 78th percentile nationally and the 57th percentile within RM12. The property covers 85 m² (915 sq ft), giving an estimated value of £5,807 per m². The EPC rating is B, with a potential rating of A.

    Type

    Terraced

    Tenure

    Freehold

    Floor Area

    915 sq ft

    85 m²

    Last Sale Price

    £420,000

    Feb 2020

    Estimated Valuation

    £493,573

    Est. £/sq ft

    £539/sq ft

    £5,807/m²

    Property Details

    TypeTerraced
    TenureFreehold
    Built formEnd-Terrace
    Construction age2019
    Habitable roomsNot available
    Main fuelGas: mains gas
    EPC currentB
    EPC potentialA
    Floor area915 sq ft (85 m²)
    EPC dateOct 2019
    WallsAverage thermal transmittance 0.23 W/m
    HeatingBoiler and radiators, mains gas

    Transaction History

    17 Feb 2020

    £420,000

    Key Metrics

    Estimated valuation£493,573
    Value per sq ft / m²£539/sq ft (£5,807/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    RM12 district percentile57th percentile
    National percentile78th percentile

    District Context — RM12

    RM12 covers areas in the eastern part of the RM postcode, in Essex. It is a predominantly residential district with a mix of established communities and suburban appeal.

    Average Property Price - RM12

    £471,964

    78

    National percentile

    Average Net Household Income - RM12

    £48,715

    86

    National percentile

    10-Year Annualised Price Growth - RM12

    4.6%

    82

    National percentile

    10-Year Annualised Rent Growth - RM

    4.4%

    80

    National percentile

    View full analysis for RM12

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