7 Philan Way

    7, PHILAN WAY, ROMFORD, RM5 3YT

    This detached freehold property on Philan Way last sold in February 2021 for £395,000. Based on price growth in the RM5 district since then, its estimated current value is £457,605 — placing it in the 75th percentile nationally and the 60th percentile within RM5. The property covers 75 m² (807 sq ft), giving an estimated value of £6,101 per m². The EPC rating is D, with a potential rating of B.

    Type

    Detached

    Tenure

    Freehold

    Floor Area

    807 sq ft

    75 m²

    Last Sale Price

    £395,000

    Feb 2021

    Estimated Valuation

    £457,605

    Est. £/sq ft

    £567/sq ft

    £6,101/m²

    Property Details

    TypeDetached
    TenureFreehold
    Built formDetached
    Construction ageEngland and Wales: 2003-2006
    Habitable rooms4
    Main fuelmains gas (not community)
    EPC currentD
    EPC potentialB
    Floor area807 sq ft (75 m²)
    EPC dateJan 2015
    WallsCavity wall, as built, insulated (assumed)
    HeatingBoiler and radiators, mains gas

    Transaction History

    11 Feb 2021

    £395,000

    8 Jun 2015

    £290,000

    6 Dec 2002

    New build

    £209,995

    Key Metrics

    Estimated valuation£457,605
    Value per sq ft / m²£567/sq ft (£6,101/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    RM5 district percentile60th percentile
    National percentile75th 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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