3 Priors Cottage New Road

    3 PRIORS COTTAGE, NEW ROAD, LAMBOURNE END, ROMFORD, RM4 1AS

    This terraced freehold property on New Road last sold in July 2014 for £500,000. Based on price growth in the RM4 district since then, its estimated current value is £731,743 — placing it in the 91st percentile nationally and the 60th percentile within RM4. The property covers 192 m² (2,067 sq ft), giving an estimated value of £3,811 per m². The EPC rating is D, with a potential rating of C.

    Type

    Terraced

    Tenure

    Freehold

    Floor Area

    2,067 sq ft

    192 m²

    Last Sale Price

    £500,000

    Jul 2014

    Estimated Valuation

    £731,743

    Est. £/sq ft

    £354/sq ft

    £3,811/m²

    Property Details

    TypeTerraced
    TenureFreehold
    Built formEnd-Terrace
    Construction ageEngland and Wales: before 1900
    Habitable rooms6
    Main fueloil (not community)
    EPC currentD
    EPC potentialC
    Floor area2,067 sq ft (192 m²)
    EPC dateApr 2014
    WallsTimber frame, as built, no insulation (assumed)
    HeatingBoiler and radiators, oil

    Transaction History

    24 Jul 2014

    £500,000

    8 May 2002

    £334,000

    Key Metrics

    Estimated valuation£731,743
    Value per sq ft / m²£354/sq ft (£3,811/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    RM4 district percentile60th percentile
    National percentile91st percentile

    District Context — RM4

    RM4 covers areas in East London, positioned in the eastern reaches of Greater London. The district is characterised by suburban residential communities with a strong owner-occupier presence and mixed professional and managerial employment.

    Average Property Price - RM4

    £658,460

    92

    National percentile

    Average Net Household Income - RM4

    £47,839

    83

    National percentile

    10-Year Annualised Price Growth - RM4

    2.6%

    19

    National percentile

    10-Year Annualised Rent Growth - RM

    4.4%

    80

    National percentile

    View full analysis for RM4

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