298b Lodge Lane

    298B, LODGE LANE, ROMFORD, RM5 2HX

    This terraced freehold property on Lodge Lane last sold in November 2017 for £375,000. Based on price growth in the RM5 district since then, its estimated current value is £453,460 — placing it in the 74th percentile nationally and the 59th percentile within RM5. The property covers 72 m² (775 sq ft), giving an estimated value of £6,298 per m². The EPC rating is D, with a potential rating of B.

    Type

    Terraced

    Tenure

    Freehold

    Floor Area

    775 sq ft

    72 m²

    Last Sale Price

    £375,000

    Nov 2017

    Estimated Valuation

    £453,460

    Est. £/sq ft

    £585/sq ft

    £6,298/m²

    Property Details

    TypeTerraced
    TenureFreehold
    Built formMid-Terrace
    Construction ageEngland and Wales: 1950-1966
    Habitable rooms3
    Main fuelmains gas (not community)
    EPC currentD
    EPC potentialB
    Floor area775 sq ft (72 m²)
    EPC dateOct 2024
    WallsCavity wall, as built, no insulation (assumed)
    HeatingBoiler and radiators, mains gas

    Transaction History

    20 Nov 2017

    £375,000

    22 Dec 2010

    £210,000

    14 Nov 1997

    £79,995

    Key Metrics

    Estimated valuation£453,460
    Value per sq ft / m²£585/sq ft (£6,298/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    RM5 district percentile59th percentile
    National percentile74th 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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