48 Woodfield Drive

    48, WOODFIELD DRIVE, ROMFORD, RM2 5DH

    This terraced freehold property on Woodfield Drive last sold in July 2020 for £493,000. Based on price growth in the RM2 district since then, its estimated current value is £624,032 — placing it in the 87th percentile nationally and the 61st percentile within RM2. The property covers 124 m² (1,335 sq ft), giving an estimated value of £5,033 per m². The EPC rating is D, with a potential rating of B.

    Type

    Terraced

    Tenure

    Freehold

    Floor Area

    1,335 sq ft

    124 m²

    Last Sale Price

    £493,000

    Jul 2020

    Estimated Valuation

    £624,032

    Est. £/sq ft

    £468/sq ft

    £5,033/m²

    Property Details

    TypeTerraced
    TenureFreehold
    Built formMid-Terrace
    Construction ageEngland and Wales: 1930-1949
    Habitable rooms6
    Main fuelmains gas (not community)
    EPC currentD
    EPC potentialB
    Floor area1,335 sq ft (124 m²)
    EPC dateJul 2019
    WallsSolid brick, as built, no insulation (assumed)
    HeatingBoiler and radiators, mains gas

    Transaction History

    8 Jul 2020

    £493,000

    Key Metrics

    Estimated valuation£624,032
    Value per sq ft / m²£468/sq ft (£5,033/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    RM2 district percentile61st percentile
    National percentile87th percentile

    District Context — RM2

    RM2 covers parts of east London, including areas around Hornchurch and Upminster in the London Borough of Havering. The district is characterised by suburban residential neighbourhoods with good transport links and a family-oriented appeal.

    Average Property Price - RM2

    £554,481

    86

    National percentile

    Average Net Household Income - RM2

    £52,919

    93

    National percentile

    10-Year Annualised Price Growth - RM2

    3.4%

    41

    National percentile

    10-Year Annualised Rent Growth - RM

    4.4%

    80

    National percentile

    View full analysis for RM2

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