1 Scholars Way

    1, SCHOLARS WAY, ROMFORD, ROMFORD, RM2 5US

    This terraced freehold property on Scholars Way last sold in July 2004 for £300,000. Based on price growth in the RM2 district since then, its estimated current value is £743,104 — placing it in the 91st percentile nationally and the 76th percentile within RM2. The property covers 101 m² (1,087 sq ft), giving an estimated value of £7,357 per m². The EPC rating is C, with a potential rating of B.

    Type

    Terraced

    Tenure

    Freehold

    Floor Area

    1,087 sq ft

    101 m²

    Last Sale Price

    £300,000

    Jul 2004

    Estimated Valuation

    £743,104

    Est. £/sq ft

    £683/sq ft

    £7,357/m²

    Property Details

    TypeTerraced
    TenureFreehold
    Built formSemi-Detached
    Construction ageEngland and Wales: 2003-2006
    Habitable rooms5
    Main fuelmains gas (not community)
    EPC currentC
    EPC potentialB
    Floor area1,087 sq ft (101 m²)
    EPC dateSept 2020
    WallsCavity wall, as built, insulated (assumed)
    HeatingBoiler and radiators, mains gas

    Transaction History

    30 Jul 2004

    New build

    £300,000

    Key Metrics

    Estimated valuation£743,104
    Value per sq ft / m²£683/sq ft (£7,357/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    RM2 district percentile76th percentile
    National percentile91st 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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