8 Cornell Way

    8, CORNELL WAY, ROMFORD, RM5 2HN

    This terraced freehold property on Cornell Way last sold in March 2016 for £435,000. Based on price growth in the RM5 district since then, its estimated current value is £547,969 — placing it in the 83rd percentile nationally and the 88th percentile within RM5. The property covers 124 m² (1,335 sq ft), giving an estimated value of £4,419 per m². The EPC rating is D, with a potential rating of B.

    Type

    Terraced

    Tenure

    Freehold

    Floor Area

    1,335 sq ft

    124 m²

    Last Sale Price

    £435,000

    Mar 2016

    Estimated Valuation

    £547,969

    Est. £/sq ft

    £411/sq ft

    £4,419/m²

    Property Details

    TypeTerraced
    TenureFreehold
    Built formSemi-Detached
    Construction ageEngland and Wales: 1950-1966
    Habitable rooms6
    Main fuelmains gas (not community)
    EPC currentD
    EPC potentialB
    Floor area1,335 sq ft (124 m²)
    EPC dateSept 2015
    WallsCavity wall, filled cavity
    HeatingBoiler and radiators, mains gas

    Transaction History

    11 Mar 2016

    £435,000

    25 Aug 1995

    £82,000

    Key Metrics

    Estimated valuation£547,969
    Value per sq ft / m²£411/sq ft (£4,419/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    RM5 district percentile88th percentile
    National percentile83rd 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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