62 Cedar Road

    62, CEDAR ROAD, ROMFORD, RM7 7JT

    This terraced freehold property on Cedar Road last sold in September 2019 for £343,000. Based on price growth in the RM7 district since then, its estimated current value is £424,642 — placing it in the 71st percentile nationally and the 49th percentile within RM7. The property covers 92 m² (990 sq ft), giving an estimated value of £4,616 per m². The EPC rating is E, with a potential rating of C.

    Type

    Terraced

    Tenure

    Freehold

    Floor Area

    990 sq ft

    92 m²

    Last Sale Price

    £343,000

    Sept 2019

    Estimated Valuation

    £424,642

    Est. £/sq ft

    £429/sq ft

    £4,616/m²

    Property Details

    TypeTerraced
    TenureFreehold
    Built formMid-Terrace
    Construction ageEngland and Wales: 1900-1929
    Habitable rooms5
    Main fuelmains gas (not community)
    EPC currentE
    EPC potentialC
    Floor area990 sq ft (92 m²)
    EPC dateJan 2018
    WallsSolid brick, as built, no insulation (assumed)
    HeatingBoiler and radiators, mains gas

    Transaction History

    10 Sept 2019

    £343,000

    Key Metrics

    Estimated valuation£424,642
    Value per sq ft / m²£429/sq ft (£4,616/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    RM7 district percentile49th percentile
    National percentile71st 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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