55 Cornell Way

    55, CORNELL WAY, ROMFORD, RM5 2HW

    This terraced freehold property on Cornell Way last sold in July 2014 for £249,000. Based on price growth in the RM5 district since then, its estimated current value is £422,220 — placing it in the 70th percentile nationally and the 41st percentile within RM5. The property covers 66 m² (710 sq ft), giving an estimated value of £6,397 per m². The EPC rating is C, with a potential rating of B.

    Type

    Terraced

    Tenure

    Freehold

    Floor Area

    710 sq ft

    66 m²

    Last Sale Price

    £249,000

    Jul 2014

    Estimated Valuation

    £422,220

    Est. £/sq ft

    £594/sq ft

    £6,397/m²

    Property Details

    TypeTerraced
    TenureFreehold
    Built formMid-Terrace
    Construction ageEngland and Wales: 1967-1975
    Habitable rooms5
    Main fuelmains gas (not community)
    EPC currentC
    EPC potentialB
    Floor area710 sq ft (66 m²)
    EPC dateAug 2012
    WallsCavity wall, as built, no insulation (assumed)
    HeatingBoiler and radiators, mains gas

    Transaction History

    23 Jul 2014

    £249,000

    30 Nov 2012

    £206,000

    1 Nov 2002

    £132,000

    Key Metrics

    Estimated valuation£422,220
    Value per sq ft / m²£594/sq ft (£6,397/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    RM5 district percentile41st 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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