2 Cornell Way

    2, CORNELL WAY, ROMFORD, RM5 2HA

    This detached freehold property on Cornell Way last sold in April 2018 for £400,000. Based on price growth in the RM5 district since then, its estimated current value is £505,396 — placing it in the 79th percentile nationally and the 79th percentile within RM5. The property covers 129 m² (1,389 sq ft), giving an estimated value of £3,918 per m². The EPC rating is D, with a potential rating of B.

    Type

    Detached

    Tenure

    Freehold

    Floor Area

    1,389 sq ft

    129 m²

    Last Sale Price

    £400,000

    Apr 2018

    Estimated Valuation

    £505,396

    Est. £/sq ft

    £364/sq ft

    £3,918/m²

    Property Details

    TypeDetached
    TenureFreehold
    Built formDetached
    Construction ageEngland and Wales: 1967-1975
    Habitable rooms7
    Main fuelmains gas (not community)
    EPC currentD
    EPC potentialB
    Floor area1,389 sq ft (129 m²)
    EPC dateMay 2017
    WallsCavity wall, as built, no insulation (assumed)
    HeatingBoiler and radiators, mains gas

    Transaction History

    27 Apr 2018

    £400,000

    Key Metrics

    Estimated valuation£505,396
    Value per sq ft / m²£364/sq ft (£3,918/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    RM5 district percentile79th percentile
    National percentile79th 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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