261 Hillrise Road

    261, HILLRISE ROAD, ROMFORD, RM5 3BZ

    This terraced freehold property on Hillrise Road last sold in November 2019 for £320,000. Based on price growth in the RM5 district since then, its estimated current value is £376,459 — placing it in the 64th percentile nationally and the 21st percentile within RM5. The property covers 87 m² (936 sq ft), giving an estimated value of £4,327 per m². The EPC rating is D, with a potential rating of B.

    Type

    Terraced

    Tenure

    Freehold

    Floor Area

    936 sq ft

    87 m²

    Last Sale Price

    £320,000

    Nov 2019

    Estimated Valuation

    £376,459

    Est. £/sq ft

    £402/sq ft

    £4,327/m²

    Property Details

    TypeTerraced
    TenureFreehold
    Built formEnd-Terrace
    Construction ageEngland and Wales: 1950-1966
    Habitable rooms5
    Main fuelmains gas (not community)
    EPC currentD
    EPC potentialB
    Floor area936 sq ft (87 m²)
    EPC dateMay 2019
    WallsCavity wall, as built, no insulation (assumed)
    HeatingBoiler and radiators, mains gas

    Transaction History

    8 Nov 2019

    £320,000

    Key Metrics

    Estimated valuation£376,459
    Value per sq ft / m²£402/sq ft (£4,327/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    RM5 district percentile21st percentile
    National percentile64th 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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