2 Lancing Road

    2, LANCING ROAD, ROMFORD, RM3 8QJ

    This terraced freehold property on Lancing Road last sold in July 2024 for £490,000. Based on price growth in the RM3 district since then, its estimated current value is £503,007 — placing it in the 79th percentile nationally and the 80th percentile within RM3. The property covers 117 m² (1,259 sq ft), giving an estimated value of £4,299 per m². The EPC rating is E, with a potential rating of C.

    Type

    Terraced

    Tenure

    Freehold

    Floor Area

    1,259 sq ft

    117 m²

    Last Sale Price

    £490,000

    Jul 2024

    Estimated Valuation

    £503,007

    Est. £/sq ft

    £399/sq ft

    £4,299/m²

    Property Details

    TypeTerraced
    TenureFreehold
    Built formEnd-Terrace
    Construction ageEngland and Wales: 1950-1966
    Habitable rooms7
    Main fuelmains gas (not community)
    EPC currentE
    EPC potentialC
    Floor area1,259 sq ft (117 m²)
    EPC dateFeb 2024
    WallsCavity wall, as built, no insulation (assumed)
    HeatingBoiler and radiators, mains gas

    Transaction History

    15 Jul 2024

    £490,000

    Key Metrics

    Estimated valuation£503,007
    Value per sq ft / m²£399/sq ft (£4,299/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    RM3 district percentile80th percentile
    National percentile79th 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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