55 Colne Drive

    55, COLNE DRIVE, ROMFORD, RM3 9LA

    This terraced freehold property on Colne Drive last sold in December 2019 for £254,000. Based on price growth in the RM3 district since then, its estimated current value is £306,166 — placing it in the 51st percentile nationally and the 19th percentile within RM3. The property covers 69 m² (743 sq ft), giving an estimated value of £4,437 per m². The EPC rating is D, with a potential rating of C.

    Type

    Terraced

    Tenure

    Freehold

    Floor Area

    743 sq ft

    69 m²

    Last Sale Price

    £254,000

    Dec 2019

    Estimated Valuation

    £306,166

    Est. £/sq ft

    £412/sq ft

    £4,437/m²

    Property Details

    TypeTerraced
    TenureFreehold
    Built formMid-Terrace
    Construction ageEngland and Wales: 1950-1966
    Habitable rooms4
    Main fuelmains gas (not community)
    EPC currentD
    EPC potentialC
    Floor area743 sq ft (69 m²)
    EPC dateOct 2019
    WallsSystem built, as built, no insulation (assumed)
    HeatingBoiler and radiators, mains gas

    Transaction History

    12 Dec 2019

    £254,000

    Key Metrics

    Estimated valuation£306,166
    Value per sq ft / m²£412/sq ft (£4,437/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    RM3 district percentile19th percentile
    National percentile51st 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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