41 Lucerne Way

    41, LUCERNE WAY, ROMFORD, RM3 8BS

    This terraced freehold property on Lucerne Way last sold in March 2020 for £245,000. Based on price growth in the RM3 district since then, its estimated current value is £291,549 — placing it in the 47th percentile nationally and the 17th percentile within RM3. The property covers 77 m² (829 sq ft), giving an estimated value of £3,786 per m². The EPC rating is D, with a potential rating of B.

    Type

    Terraced

    Tenure

    Freehold

    Floor Area

    829 sq ft

    77 m²

    Last Sale Price

    £245,000

    Mar 2020

    Estimated Valuation

    £291,549

    Est. £/sq ft

    £352/sq ft

    £3,786/m²

    Property Details

    TypeTerraced
    TenureFreehold
    Built formMid-Terrace
    Construction ageEngland and Wales: 1967-1975
    Habitable rooms5
    Main fuelmains gas (not community)
    EPC currentD
    EPC potentialB
    Floor area829 sq ft (77 m²)
    EPC dateJan 2020
    WallsCavity wall, filled cavity
    HeatingBoiler and radiators, mains gas

    Transaction History

    20 Mar 2020

    £245,000

    26 May 2006

    £135,000

    15 Sept 2003

    £119,995

    Key Metrics

    Estimated valuation£291,549
    Value per sq ft / m²£352/sq ft (£3,786/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    RM3 district percentile17th percentile
    National percentile47th 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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