27 Penzance Road

    27, PENZANCE ROAD, ROMFORD, RM3 9NR

    This detached freehold property on Penzance Road last sold in October 2014 for £280,000. Based on price growth in the RM3 district since then, its estimated current value is £490,975 — placing it in the 78th percentile nationally and the 77th percentile within RM3. The property covers 130 m² (1,399 sq ft), giving an estimated value of £3,777 per m². The EPC rating is D, with a potential rating of B.

    Type

    Detached

    Tenure

    Freehold

    Floor Area

    1,399 sq ft

    130 m²

    Last Sale Price

    £280,000

    Oct 2014

    Estimated Valuation

    £490,975

    Est. £/sq ft

    £351/sq ft

    £3,777/m²

    Property Details

    TypeDetached
    TenureFreehold
    Built formEnd-Terrace
    Construction ageEngland and Wales: 1950-1966
    Habitable rooms5
    Main fuelmains gas (not community)
    EPC currentD
    EPC potentialB
    Floor area1,399 sq ft (130 m²)
    EPC dateJun 2014
    WallsCavity wall, as built, no insulation (assumed)
    HeatingBoiler and radiators, mains gas

    Transaction History

    31 Oct 2014

    £280,000

    Key Metrics

    Estimated valuation£490,975
    Value per sq ft / m²£351/sq ft (£3,777/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    RM3 district percentile77th percentile
    National percentile78th 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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