8 Irons Way

    8, IRONS WAY, ROMFORD, RM5 3RJ

    This terraced freehold property on Irons Way last sold in November 2017 for £360,000. Based on price growth in the RM5 district since then, its estimated current value is £435,321 — placing it in the 72nd percentile nationally and the 48th percentile within RM5. The property covers 86 m² (926 sq ft), giving an estimated value of £5,062 per m². The EPC rating is C, with a potential rating of B.

    Type

    Terraced

    Tenure

    Freehold

    Floor Area

    926 sq ft

    86 m²

    Last Sale Price

    £360,000

    Nov 2017

    Estimated Valuation

    £435,321

    Est. £/sq ft

    £470/sq ft

    £5,062/m²

    Property Details

    TypeTerraced
    TenureFreehold
    Built formDetached
    Construction ageEngland and Wales: 1950-1966
    Habitable rooms4
    Main fuelmains gas (not community)
    EPC currentC
    EPC potentialB
    Floor area926 sq ft (86 m²)
    EPC dateOct 2016
    WallsCavity wall, filled cavity
    HeatingBoiler and radiators, mains gas

    Transaction History

    21 Nov 2017

    £360,000

    14 Oct 2005

    £226,500

    14 Feb 2003

    £175,000

    Key Metrics

    Estimated valuation£435,321
    Value per sq ft / m²£470/sq ft (£5,062/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    RM5 district percentile48th percentile
    National percentile72nd 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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