5 Oak Street

    5, OAK STREET, ROMFORD, RM7 7BS

    This terraced freehold property on Oak Street last sold in August 2021 for £378,000. Based on price growth in the RM7 district since then, its estimated current value is £413,928 — placing it in the 69th percentile nationally and the 44th percentile within RM7. The property covers 77 m² (829 sq ft), giving an estimated value of £5,376 per m². The EPC rating is C, with a potential rating of B.

    Type

    Terraced

    Tenure

    Freehold

    Floor Area

    829 sq ft

    77 m²

    Last Sale Price

    £378,000

    Aug 2021

    Estimated Valuation

    £413,928

    Est. £/sq ft

    £499/sq ft

    £5,376/m²

    Property Details

    TypeTerraced
    TenureFreehold
    Built formMid-Terrace
    Construction ageEngland and Wales: 1930-1949
    Habitable rooms4
    Main fuelmains gas (not community)
    EPC currentC
    EPC potentialB
    Floor area829 sq ft (77 m²)
    EPC dateJan 2020
    WallsSolid brick, as built, no insulation (assumed)
    HeatingBoiler and radiators, mains gas

    Transaction History

    12 Aug 2021

    £378,000

    27 Jul 2004

    £185,000

    Key Metrics

    Estimated valuation£413,928
    Value per sq ft / m²£499/sq ft (£5,376/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    RM7 district percentile44th percentile
    National percentile69th 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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