263 Lodge Lane

    263, LODGE LANE, ROMFORD, RM5 2EU

    This terraced freehold property on Lodge Lane last sold in May 2023 for £417,500. Based on price growth in the RM5 district since then, its estimated current value is £419,586 — placing it in the 70th percentile nationally and the 39th percentile within RM5. The property covers 81 m² (872 sq ft), giving an estimated value of £5,180 per m². The EPC rating is D, with a potential rating of B.

    Type

    Terraced

    Tenure

    Freehold

    Floor Area

    872 sq ft

    81 m²

    Last Sale Price

    £417,500

    May 2023

    Estimated Valuation

    £419,586

    Est. £/sq ft

    £481/sq ft

    £5,180/m²

    Property Details

    TypeTerraced
    TenureFreehold
    Built formEnd-Terrace
    Construction ageEngland and Wales: 1930-1949
    Habitable rooms5
    Main fuelmains gas (not community)
    EPC currentD
    EPC potentialB
    Floor area872 sq ft (81 m²)
    EPC dateMar 2016
    WallsSystem built, as built, no insulation (assumed)
    HeatingBoiler and radiators, mains gas

    Transaction History

    9 May 2023

    £417,500

    3 Mar 2017

    £286,000

    Key Metrics

    Estimated valuation£419,586
    Value per sq ft / m²£481/sq ft (£5,180/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    RM5 district percentile39th percentile
    National percentile70th percentile

    District Context — RM5

    RM5 covers areas in east London, forming part of the wider RM postcode region. It is predominantly suburban with a strong owner-occupier focus and a notably young family demographic.

    Average Property Price - RM5

    £441,866

    73

    National percentile

    Average Net Household Income - RM5

    £47,974

    84

    National percentile

    10-Year Annualised Price Growth - RM5

    4.3%

    75

    National percentile

    10-Year Annualised Rent Growth - RM

    4.4%

    80

    National percentile

    View full analysis for RM5

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