118 Norwood Avenue

    118, NORWOOD AVENUE, ROMFORD, RM7 0QJ

    This terraced freehold property on Norwood Avenue last sold in November 2022 for £450,000. Based on price growth in the RM7 district since then, its estimated current value is £459,081 — placing it in the 75th percentile nationally and the 63rd percentile within RM7. The property covers 86 m² (926 sq ft), giving an estimated value of £5,338 per m². The EPC rating is E, with a potential rating of B.

    Type

    Terraced

    Tenure

    Freehold

    Floor Area

    926 sq ft

    86 m²

    Last Sale Price

    £450,000

    Nov 2022

    Estimated Valuation

    £459,081

    Est. £/sq ft

    £496/sq ft

    £5,338/m²

    Property Details

    TypeTerraced
    TenureFreehold
    Built formEnd-Terrace
    Construction ageEngland and Wales: 1930-1949
    Habitable rooms5
    Main fuelelectricity (not community)
    EPC currentE
    EPC potentialB
    Floor area926 sq ft (86 m²)
    EPC dateJun 2022
    WallsSolid brick, as built, no insulation (assumed)
    HeatingElectric storage heaters

    Transaction History

    4 Nov 2022

    £450,000

    Key Metrics

    Estimated valuation£459,081
    Value per sq ft / m²£496/sq ft (£5,338/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    RM7 district percentile63rd percentile
    National percentile75th percentile

    District Context — RM7

    RM7 covers areas in east London, situated within the broader Romford postcode region. The district is characterised by suburban residential neighbourhoods with a family-oriented demographic and mix of owner-occupied and rental properties.

    Average Property Price - RM7

    £410,811

    69

    National percentile

    Average Net Household Income - RM7

    £49,346

    87

    National percentile

    10-Year Annualised Price Growth - RM7

    5.2%

    91

    National percentile

    10-Year Annualised Rent Growth - RM

    4.4%

    80

    National percentile

    View full analysis for RM7

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