2 Farm Way

    2, FARM WAY, HORNCHURCH, RM12 5SR

    This terraced freehold property on Farm Way last sold in May 2016 for £355,000. Based on price growth in the RM12 district since then, its estimated current value is £464,093 — placing it in the 75th percentile nationally and the 45th percentile within RM12. The property covers 80 m² (861 sq ft), giving an estimated value of £5,801 per m². The EPC rating is F, with a potential rating of B.

    Type

    Terraced

    Tenure

    Freehold

    Floor Area

    861 sq ft

    80 m²

    Last Sale Price

    £355,000

    May 2016

    Estimated Valuation

    £464,093

    Est. £/sq ft

    £539/sq ft

    £5,801/m²

    Property Details

    TypeTerraced
    TenureFreehold
    Built formEnd-Terrace
    Construction ageEngland and Wales: 1930-1949
    Habitable rooms5
    Main fuelmains gas (not community)
    EPC currentF
    EPC potentialB
    Floor area861 sq ft (80 m²)
    EPC dateJan 2014
    WallsSolid brick, as built, no insulation (assumed)
    HeatingBoiler and radiators, mains gas

    Transaction History

    27 May 2016

    £355,000

    Key Metrics

    Estimated valuation£464,093
    Value per sq ft / m²£539/sq ft (£5,801/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    RM12 district percentile45th percentile
    National percentile75th 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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