161 Marks Road

    161, MARKS ROAD, ROMFORD, RM7 7AF

    This terraced freehold property on Marks Road last sold in November 2022 for £390,000. Based on price growth in the RM7 district since then, its estimated current value is £397,871 — placing it in the 67th percentile nationally and the 38th percentile within RM7. The property covers 65 m² (700 sq ft), giving an estimated value of £6,121 per m². The EPC rating is D, with a potential rating of B.

    Type

    Terraced

    Tenure

    Freehold

    Floor Area

    700 sq ft

    65 m²

    Last Sale Price

    £390,000

    Nov 2022

    Estimated Valuation

    £397,871

    Est. £/sq ft

    £569/sq ft

    £6,121/m²

    Property Details

    TypeTerraced
    TenureFreehold
    Built formMid-Terrace
    Construction ageEngland and Wales: 1900-1929
    Habitable rooms3
    Main fuelmains gas (not community)
    EPC currentD
    EPC potentialB
    Floor area700 sq ft (65 m²)
    EPC dateAug 2018
    WallsSolid brick, as built, no insulation (assumed)
    HeatingBoiler and radiators, mains gas

    Transaction History

    28 Nov 2022

    £390,000

    14 May 2002

    £117,500

    23 Aug 1999

    £48,000

    Key Metrics

    Estimated valuation£397,871
    Value per sq ft / m²£569/sq ft (£6,121/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    RM7 district percentile38th percentile
    National percentile67th 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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