1 Lancing Road

    1, LANCING ROAD, ROMFORD, RM3 8QJ

    This terraced freehold property on Lancing Road last sold in March 2020 for £406,000. Based on price growth in the RM3 district since then, its estimated current value is £483,138 — placing it in the 77th percentile nationally and the 76th percentile within RM3. The property covers 143 m² (1,539 sq ft), giving an estimated value of £3,379 per m². The EPC rating is C, with a potential rating of B.

    Type

    Terraced

    Tenure

    Freehold

    Floor Area

    1,539 sq ft

    143 m²

    Last Sale Price

    £406,000

    Mar 2020

    Estimated Valuation

    £483,138

    Est. £/sq ft

    £314/sq ft

    £3,379/m²

    Property Details

    TypeTerraced
    TenureFreehold
    Built formSemi-Detached
    Construction ageEngland and Wales: 1950-1966
    Habitable rooms8
    Main fuelmains gas (not community)
    EPC currentC
    EPC potentialB
    Floor area1,539 sq ft (143 m²)
    EPC dateApr 2019
    WallsCavity wall, as built, no insulation (assumed)
    HeatingBoiler and radiators, mains gas

    Transaction History

    6 Mar 2020

    £406,000

    Key Metrics

    Estimated valuation£483,138
    Value per sq ft / m²£314/sq ft (£3,379/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    RM3 district percentile76th percentile
    National percentile77th 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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