2 Safflower Lane

    2, SAFFLOWER LANE, ROMFORD, RM3 0LN

    This terraced freehold property on Safflower Lane last sold in March 2017 for £595,000. Based on price growth in the RM3 district since then, its estimated current value is £728,701 — placing it in the 91st percentile nationally and the 96th percentile within RM3. The property covers 126 m² (1,356 sq ft), giving an estimated value of £5,783 per m². The EPC rating is B, with a potential rating of A.

    Type

    Terraced

    Tenure

    Freehold

    Floor Area

    1,356 sq ft

    126 m²

    Last Sale Price

    £595,000

    Mar 2017

    Estimated Valuation

    £728,701

    Est. £/sq ft

    £537/sq ft

    £5,783/m²

    Property Details

    TypeTerraced
    TenureFreehold
    Built formMid-Terrace
    Construction age2015
    Habitable roomsNot available
    Main fuelGas: mains gas
    EPC currentB
    EPC potentialA
    Floor area1,356 sq ft (126 m²)
    EPC dateFeb 2017
    WallsAverage thermal transmittance 0.19 W/m
    HeatingBoiler and radiators, mains gas

    Transaction History

    31 Mar 2017

    New build

    £595,000

    Key Metrics

    Estimated valuation£728,701
    Value per sq ft / m²£537/sq ft (£5,783/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    RM3 district percentile96th percentile
    National percentile91st 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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