294 Lodge Lane

    294, LODGE LANE, ROMFORD, RM5 2HX

    This terraced freehold property on Lodge Lane last sold in December 2016 for £310,500. Based on price growth in the RM5 district since then, its estimated current value is £391,136 — placing it in the 66th percentile nationally and the 26th percentile within RM5. The property covers 67 m² (721 sq ft), giving an estimated value of £5,838 per m². The EPC rating is D, with a potential rating of B.

    Type

    Terraced

    Tenure

    Freehold

    Floor Area

    721 sq ft

    67 m²

    Last Sale Price

    £310,500

    Dec 2016

    Estimated Valuation

    £391,136

    Est. £/sq ft

    £542/sq ft

    £5,838/m²

    Property Details

    TypeTerraced
    TenureFreehold
    Built formMid-Terrace
    Construction ageEngland and Wales: 1967-1975
    Habitable rooms5
    Main fuelmains gas (not community)
    EPC currentD
    EPC potentialB
    Floor area721 sq ft (67 m²)
    EPC dateSept 2016
    WallsCavity wall, as built, no insulation (assumed)
    HeatingBoiler and radiators, mains gas

    Transaction History

    7 Dec 2016

    £310,500

    27 Apr 2001

    £106,000

    Key Metrics

    Estimated valuation£391,136
    Value per sq ft / m²£542/sq ft (£5,838/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    RM5 district percentile26th percentile
    National percentile66th 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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