2 Alderwood Barns New Farm Drive

    2 ALDERWOOD BARNS, NEW FARM DRIVE, ABRIDGE, ROMFORD, RM4 1BD

    This semi-detached freehold property on New Farm Drive last sold in July 2019 for £1,192,500. Based on price growth in the RM4 district since then, its estimated current value is £1,385,859 — placing it in the 98th percentile nationally and the 96th percentile within RM4. The property covers 282 m² (3,035 sq ft), giving an estimated value of £4,914 per m². The EPC rating is C, with a potential rating of B.

    Type

    Semi-Detached

    Tenure

    Freehold

    Floor Area

    3,035 sq ft

    282 m²

    Last Sale Price

    £1,192,500

    Jul 2019

    Estimated Valuation

    £1,385,859

    Est. £/sq ft

    £457/sq ft

    £4,914/m²

    Property Details

    TypeSemi-Detached
    TenureFreehold
    Built formSemi-Detached
    Construction ageEngland and Wales: 2003-2006
    Habitable rooms8
    Main fuelmains gas (not community)
    EPC currentC
    EPC potentialB
    Floor area3,035 sq ft (282 m²)
    EPC dateAug 2013
    WallsSolid brick, as built, insulated (assumed)
    HeatingBoiler and radiators, mains gas

    Transaction History

    25 Jul 2019

    £1,192,500

    Key Metrics

    Estimated valuation£1,385,859
    Value per sq ft / m²£457/sq ft (£4,914/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    RM4 district percentile96th percentile
    National percentile98th 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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