227 Gorseway

    227, GORSEWAY, ROMFORD, RM7 0SB

    This terraced freehold property on Gorseway last sold in November 2019 for £300,000. Based on price growth in the RM7 district since then, its estimated current value is £371,407 — placing it in the 63rd percentile nationally and the 31st percentile within RM7. The property covers 70 m² (753 sq ft), giving an estimated value of £5,306 per m². The EPC rating is E, with a potential rating of B.

    Type

    Terraced

    Tenure

    Freehold

    Floor Area

    753 sq ft

    70 m²

    Last Sale Price

    £300,000

    Nov 2019

    Estimated Valuation

    £371,407

    Est. £/sq ft

    £493/sq ft

    £5,306/m²

    Property Details

    TypeTerraced
    TenureFreehold
    Built formMid-Terrace
    Construction ageEngland and Wales: 1930-1949
    Habitable rooms4
    Main fuelmains gas (not community)
    EPC currentE
    EPC potentialB
    Floor area753 sq ft (70 m²)
    EPC dateJun 2019
    WallsSolid brick, as built, no insulation (assumed)
    HeatingRoom heaters, mains gas

    Transaction History

    29 Nov 2019

    £300,000

    Key Metrics

    Estimated valuation£371,407
    Value per sq ft / m²£493/sq ft (£5,306/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    RM7 district percentile31st percentile
    National percentile63rd 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

    More properties in RM7

    Streets in RM7

    Explore nearby