2 Wessex Lane

    2, WESSEX LANE, ROMFORD, RM3 0FG

    This terraced freehold property on Wessex Lane last sold in August 2018 for £765,000. Based on price growth in the RM3 district since then, its estimated current value is £960,559 — placing it in the 95th percentile nationally and the 99th percentile within RM3. The property covers 204 m² (2,196 sq ft), giving an estimated value of £4,709 per m². The EPC rating is B, with a potential rating of B.

    Type

    Terraced

    Tenure

    Freehold

    Floor Area

    2,196 sq ft

    204 m²

    Last Sale Price

    £765,000

    Aug 2018

    Estimated Valuation

    £960,559

    Est. £/sq ft

    £437/sq ft

    £4,709/m²

    Property Details

    TypeTerraced
    TenureFreehold
    Built formMid-Terrace
    Construction ageEngland and Wales: 2003-2006
    Habitable rooms8
    Main fuelmains gas (not community)
    EPC currentB
    EPC potentialB
    Floor area2,196 sq ft (204 m²)
    EPC dateJan 2025
    WallsSystem built, as built, insulated (assumed)
    HeatingBoiler and radiators, mains gas

    Transaction History

    29 Aug 2018

    £765,000

    27 Sept 2013

    New build

    £590,000

    Key Metrics

    Estimated valuation£960,559
    Value per sq ft / m²£437/sq ft (£4,709/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    RM3 district percentile99th percentile
    National percentile95th percentile

    District Context — RM3

    RM3 covers Hornchurch and Upminster in east London, sitting within the outer eastern suburbs of the capital. The area is predominantly residential and family-oriented, with a mix of suburban character and good transport links.

    Average Property Price - RM3

    £406,768

    68

    National percentile

    Average Net Household Income - RM3

    £44,379

    74

    National percentile

    10-Year Annualised Price Growth - RM3

    3.7%

    53

    National percentile

    10-Year Annualised Rent Growth - RM

    4.4%

    80

    National percentile

    View full analysis for RM3

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