16 Reed Pond Walk

    16, REED POND WALK, ROMFORD, RM2 5PB

    This detached freehold property on Reed Pond Walk last sold in March 2015 for £540,000. Based on price growth in the RM2 district since then, its estimated current value is £699,532 — placing it in the 90th percentile nationally and the 71st percentile within RM2. The property covers 181 m² (1,948 sq ft), giving an estimated value of £3,865 per m². The EPC rating is E, with a potential rating of D.

    Type

    Detached

    Tenure

    Freehold

    Floor Area

    1,948 sq ft

    181 m²

    Last Sale Price

    £540,000

    Mar 2015

    Estimated Valuation

    £699,532

    Est. £/sq ft

    £359/sq ft

    £3,865/m²

    Property Details

    TypeDetached
    TenureFreehold
    Built formDetached
    Construction ageEngland and Wales: 1900-1929
    Habitable rooms7
    Main fuelmains gas (not community)
    EPC currentE
    EPC potentialD
    Floor area1,948 sq ft (181 m²)
    EPC dateAug 2014
    WallsSolid brick, as built, no insulation (assumed)
    HeatingBoiler and radiators, mains gas

    Transaction History

    27 Mar 2015

    £540,000

    Key Metrics

    Estimated valuation£699,532
    Value per sq ft / m²£359/sq ft (£3,865/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    RM2 district percentile71st percentile
    National percentile90th 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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