311 Gorseway

    311, GORSEWAY, ROMFORD, RM7 0SD

    This terraced freehold property on Gorseway last sold in October 2020 for £390,000. Based on price growth in the RM7 district since then, its estimated current value is £457,862 — placing it in the 75th percentile nationally and the 63rd percentile within RM7. The property covers 106 m² (1,141 sq ft), giving an estimated value of £4,319 per m². The EPC rating is D, with a potential rating of D.

    Type

    Terraced

    Tenure

    Freehold

    Floor Area

    1,141 sq ft

    106 m²

    Last Sale Price

    £390,000

    Oct 2020

    Estimated Valuation

    £457,862

    Est. £/sq ft

    £401/sq ft

    £4,319/m²

    Property Details

    TypeTerraced
    TenureFreehold
    Built formEnd-Terrace
    Construction ageB
    Habitable rooms4
    Main fuelmains gas (not community)
    EPC currentD
    EPC potentialD
    Floor area1,141 sq ft (106 m²)
    EPC dateFeb 2020
    WallsSolid brick, as built, no insulation (assumed)
    HeatingBoiler and radiators, mains gas

    Transaction History

    3 Oct 2020

    £390,000

    Key Metrics

    Estimated valuation£457,862
    Value per sq ft / m²£401/sq ft (£4,319/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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