38 Oak Street

    38, OAK STREET, ROMFORD, RM7 7BA

    This semi-detached freehold property on Oak Street last sold in August 2022 for £495,000. Based on price growth in the RM7 district since then, its estimated current value is £528,030 — placing it in the 81st percentile nationally and the 86th percentile within RM7. The property covers 91 m² (980 sq ft), giving an estimated value of £5,803 per m². The EPC rating is E, with a potential rating of C.

    Type

    Semi-Detached

    Tenure

    Freehold

    Floor Area

    980 sq ft

    91 m²

    Last Sale Price

    £495,000

    Aug 2022

    Estimated Valuation

    £528,030

    Est. £/sq ft

    £539/sq ft

    £5,803/m²

    Property Details

    TypeSemi-Detached
    TenureFreehold
    Built formSemi-Detached
    Construction ageEngland and Wales: 1900-1929
    Habitable rooms4
    Main fuelmains gas (not community)
    EPC currentE
    EPC potentialC
    Floor area980 sq ft (91 m²)
    EPC dateApr 2022
    WallsSolid brick, as built, no insulation (assumed)
    HeatingBoiler and radiators, mains gas

    Transaction History

    5 Aug 2022

    £495,000

    Key Metrics

    Estimated valuation£528,030
    Value per sq ft / m²£539/sq ft (£5,803/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    RM7 district percentile86th 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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