317 Gorseway

    317, GORSEWAY, ROMFORD, RM7 0SD

    This terraced freehold property on Gorseway last sold in May 2018 for £425,000. Based on price growth in the RM7 district since then, its estimated current value is £522,258 — placing it in the 81st percentile nationally and the 84th percentile within RM7. The property covers 116 m² (1,249 sq ft), giving an estimated value of £4,502 per m². The EPC rating is D, with a potential rating of C.

    Type

    Terraced

    Tenure

    Freehold

    Floor Area

    1,249 sq ft

    116 m²

    Last Sale Price

    £425,000

    May 2018

    Estimated Valuation

    £522,258

    Est. £/sq ft

    £418/sq ft

    £4,502/m²

    Property Details

    TypeTerraced
    TenureFreehold
    Built formMid-Terrace
    Construction ageEngland and Wales: 1950-1966
    Habitable rooms5
    Main fuelmains gas (not community)
    EPC currentD
    EPC potentialC
    Floor area1,249 sq ft (116 m²)
    EPC dateMay 2017
    WallsSolid brick, as built, no insulation (assumed)
    HeatingBoiler and radiators, mains gas

    Transaction History

    25 May 2018

    £425,000

    29 Mar 2011

    £230,000

    22 May 2009

    £250,000

    31 Oct 2006

    £250,000

    23 Jan 1998

    £80,000

    Key Metrics

    Estimated valuation£522,258
    Value per sq ft / m²£418/sq ft (£4,502/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    RM7 district percentile84th percentile
    National percentile81st 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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