284 Lodge Lane

    284, LODGE LANE, ROMFORD, RM5 2EX

    This detached freehold property on Lodge Lane last sold in May 2021 for £575,000. Based on price growth in the RM5 district since then, its estimated current value is £666,134 — placing it in the 89th percentile nationally and the 97th percentile within RM5. The property covers 215 m² (2,314 sq ft), giving an estimated value of £3,098 per m². The EPC rating is E, with a potential rating of D.

    Type

    Detached

    Tenure

    Freehold

    Floor Area

    2,314 sq ft

    215 m²

    Last Sale Price

    £575,000

    May 2021

    Estimated Valuation

    £666,134

    Est. £/sq ft

    £288/sq ft

    £3,098/m²

    Property Details

    TypeDetached
    TenureFreehold
    Built formDetached
    Construction ageEngland and Wales: 1950-1966
    Habitable rooms7
    Main fuelmains gas (not community)
    EPC currentE
    EPC potentialD
    Floor area2,314 sq ft (215 m²)
    EPC dateMay 2013
    WallsCavity wall, filled cavity
    HeatingWarm air, mains gas

    Transaction History

    14 May 2021

    £575,000

    11 Jun 2014

    £400,000

    19 Jan 2001

    £225,000

    21 Apr 1995

    £118,000

    Key Metrics

    Estimated valuation£666,134
    Value per sq ft / m²£288/sq ft (£3,098/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    RM5 district percentile97th percentile
    National percentile89th 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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