295 Lodge Lane

    295, LODGE LANE, ROMFORD, RM5 2EX

    This terraced freehold property on Lodge Lane last sold in May 2023 for £300,000. Based on price growth in the RM5 district since then, its estimated current value is £301,499 — placing it in the 50th percentile nationally and the 12th percentile within RM5. The property covers 64 m² (689 sq ft), giving an estimated value of £4,711 per m². The EPC rating is F, with a potential rating of B.

    Type

    Terraced

    Tenure

    Freehold

    Floor Area

    689 sq ft

    64 m²

    Last Sale Price

    £300,000

    May 2023

    Estimated Valuation

    £301,499

    Est. £/sq ft

    £438/sq ft

    £4,711/m²

    Property Details

    TypeTerraced
    TenureFreehold
    Built formMid-Terrace
    Construction ageEngland and Wales: 1950-1966
    Habitable rooms5
    Main fuelelectricity (not community)
    EPC currentF
    EPC potentialB
    Floor area689 sq ft (64 m²)
    EPC dateDec 2022
    WallsSystem built, as built, no insulation (assumed)
    HeatingElectric storage heaters

    Transaction History

    19 May 2023

    £300,000

    Key Metrics

    Estimated valuation£301,499
    Value per sq ft / m²£438/sq ft (£4,711/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    RM5 district percentile12th percentile
    National percentile50th 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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