2 Irons Way

    2, IRONS WAY, ROMFORD, RM5 3RJ

    This semi-detached freehold property on Irons Way last sold in December 2017 for £477,000. Based on price growth in the RM5 district since then, its estimated current value is £608,144 — placing it in the 86th percentile nationally and the 94th percentile within RM5. The property covers 131 m² (1,410 sq ft), giving an estimated value of £4,642 per m². The EPC rating is D, with a potential rating of B.

    Type

    Semi-Detached

    Tenure

    Freehold

    Floor Area

    1,410 sq ft

    131 m²

    Last Sale Price

    £477,000

    Dec 2017

    Estimated Valuation

    £608,144

    Est. £/sq ft

    £431/sq ft

    £4,642/m²

    Property Details

    TypeSemi-Detached
    TenureFreehold
    Built formDetached
    Construction ageEngland and Wales: 1950-1966
    Habitable rooms4
    Main fuelmains gas (not community)
    EPC currentD
    EPC potentialB
    Floor area1,410 sq ft (131 m²)
    EPC dateAug 2016
    WallsCavity wall, filled cavity
    HeatingBoiler and radiators, mains gas

    Transaction History

    1 Dec 2017

    £477,000

    18 Jul 2006

    £239,000

    Key Metrics

    Estimated valuation£608,144
    Value per sq ft / m²£431/sq ft (£4,642/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    RM5 district percentile94th percentile
    National percentile86th 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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