278b Lodge Lane

    278B, LODGE LANE, ROMFORD, RM5 2EX

    This terraced freehold property on Lodge Lane last sold in May 2018 for £347,000. Based on price growth in the RM5 district since then, its estimated current value is £416,051 — placing it in the 70th percentile nationally and the 37th percentile within RM5. The property covers 71 m² (764 sq ft), giving an estimated value of £5,860 per m². The EPC rating is C, with a potential rating of B.

    Type

    Terraced

    Tenure

    Freehold

    Floor Area

    764 sq ft

    71 m²

    Last Sale Price

    £347,000

    May 2018

    Estimated Valuation

    £416,051

    Est. £/sq ft

    £544/sq ft

    £5,860/m²

    Property Details

    TypeTerraced
    TenureFreehold
    Built formSemi-Detached
    Construction ageEngland and Wales: 1967-1975
    Habitable rooms4
    Main fuelmains gas (not community)
    EPC currentC
    EPC potentialB
    Floor area764 sq ft (71 m²)
    EPC dateApr 2016
    WallsCavity wall, filled cavity
    HeatingBoiler and radiators, mains gas

    Transaction History

    14 May 2018

    £347,000

    8 Oct 2003

    £175,000

    6 Sept 1996

    £73,000

    Key Metrics

    Estimated valuation£416,051
    Value per sq ft / m²£544/sq ft (£5,860/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    RM5 district percentile37th 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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