18 Penzance Road

    18, PENZANCE ROAD, ROMFORD, ROMFORD, RM3 9NR

    This terraced freehold property on Penzance Road last sold in April 2006 for £168,000. Based on price growth in the RM3 district since then, its estimated current value is £391,147 — placing it in the 66th percentile nationally and the 44th percentile within RM3. The property covers 125 m² (1,346 sq ft), giving an estimated value of £3,129 per m². The EPC rating is D, with a potential rating of B.

    Type

    Terraced

    Tenure

    Freehold

    Floor Area

    1,346 sq ft

    125 m²

    Last Sale Price

    £168,000

    Apr 2006

    Estimated Valuation

    £391,147

    Est. £/sq ft

    £291/sq ft

    £3,129/m²

    Property Details

    TypeTerraced
    TenureFreehold
    Built formMid-Terrace
    Construction ageEngland and Wales: 1950-1966
    Habitable rooms5
    Main fuelmains gas (not community)
    EPC currentD
    EPC potentialB
    Floor area1,346 sq ft (125 m²)
    EPC dateNov 2015
    WallsCavity wall, as built, no insulation (assumed)
    HeatingBoiler and radiators, mains gas

    Transaction History

    24 Apr 2006

    £168,000

    26 Jul 2001

    £102,995

    30 Apr 1996

    £56,995

    Key Metrics

    Estimated valuation£391,147
    Value per sq ft / m²£291/sq ft (£3,129/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    RM3 district percentile44th percentile
    National percentile66th 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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