40 Balgores Lane

    40, BALGORES LANE, ROMFORD, RM2 5JT

    This detached freehold property on Balgores Lane last sold in November 2014 for £724,995. Based on price growth in the RM2 district since then, its estimated current value is £1,039,826 — placing it in the 96th percentile nationally and the 95th percentile within RM2. The property covers 223 m² (2,400 sq ft), giving an estimated value of £4,663 per m². The EPC rating is D, with a potential rating of C.

    Type

    Detached

    Tenure

    Freehold

    Floor Area

    2,400 sq ft

    223 m²

    Last Sale Price

    £724,995

    Nov 2014

    Estimated Valuation

    £1,039,826

    Est. £/sq ft

    £433/sq ft

    £4,663/m²

    Property Details

    TypeDetached
    TenureFreehold
    Built formDetached
    Construction ageEngland and Wales: 1900-1929
    Habitable rooms7
    Main fuelmains gas (not community)
    EPC currentD
    EPC potentialC
    Floor area2,400 sq ft (223 m²)
    EPC dateApr 2023
    WallsSolid brick, as built, no insulation (assumed)
    HeatingBoiler and radiators, mains gas

    Transaction History

    28 Nov 2014

    £724,995

    14 Sept 2012

    £623,500

    Key Metrics

    Estimated valuation£1,039,826
    Value per sq ft / m²£433/sq ft (£4,663/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    RM2 district percentile95th percentile
    National percentile96th 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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