48 Gorseway

    48, GORSEWAY, ROMFORD, RM7 0RS

    This terraced freehold property on Gorseway last sold in March 2017 for £350,000. Based on price growth in the RM7 district since then, its estimated current value is £421,318 — placing it in the 70th percentile nationally and the 47th percentile within RM7. The property covers 90 m² (969 sq ft), giving an estimated value of £4,681 per m². The EPC rating is E, with a potential rating of B.

    Type

    Terraced

    Tenure

    Freehold

    Floor Area

    969 sq ft

    90 m²

    Last Sale Price

    £350,000

    Mar 2017

    Estimated Valuation

    £421,318

    Est. £/sq ft

    £435/sq ft

    £4,681/m²

    Property Details

    TypeTerraced
    TenureFreehold
    Built formMid-Terrace
    Construction ageEngland and Wales: 1930-1949
    Habitable rooms5
    Main fuelmains gas (not community)
    EPC currentE
    EPC potentialB
    Floor area969 sq ft (90 m²)
    EPC dateDec 2016
    WallsSolid brick, as built, no insulation (assumed)
    HeatingBoiler and radiators, mains gas

    Transaction History

    29 Mar 2017

    £350,000

    Key Metrics

    Estimated valuation£421,318
    Value per sq ft / m²£435/sq ft (£4,681/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    RM7 district percentile47th percentile
    National percentile70th 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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