3 Wessex Lane

    3, WESSEX LANE, ROMFORD, RM3 0FG

    This terraced freehold property on Wessex Lane last sold in February 2023 for £855,000. Based on price growth in the RM3 district since then, its estimated current value is £869,443 — placing it in the 94th percentile nationally and the 99th percentile within RM3. The property covers 202 m² (2,174 sq ft), giving an estimated value of £4,304 per m². The EPC rating is B, with a potential rating of B.

    Type

    Terraced

    Tenure

    Freehold

    Floor Area

    2,174 sq ft

    202 m²

    Last Sale Price

    £855,000

    Feb 2023

    Estimated Valuation

    £869,443

    Est. £/sq ft

    £400/sq ft

    £4,304/m²

    Property Details

    TypeTerraced
    TenureFreehold
    Built formMid-Terrace
    Construction age2011
    Habitable roomsNot available
    Main fuelGas: mains gas
    EPC currentB
    EPC potentialB
    Floor area2,174 sq ft (202 m²)
    EPC dateMay 2013
    WallsAverage thermal transmittance 0.18 W/m²K
    HeatingBoiler and radiators, mains gas

    Transaction History

    14 Feb 2023

    £855,000

    13 Oct 2015

    £635,000

    12 Jul 2013

    New build

    £599,950

    Key Metrics

    Estimated valuation£869,443
    Value per sq ft / m²£400/sq ft (£4,304/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    RM3 district percentile99th percentile
    National percentile94th 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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