59 Essex Road

    59, ESSEX ROAD, ROMFORD, RM7 8BB

    This terraced freehold property on Essex Road last sold in May 2014 for £262,000. Based on price growth in the RM7 district since then, its estimated current value is £458,250 — placing it in the 75th percentile nationally and the 63rd percentile within RM7. The property covers 76 m² (818 sq ft), giving an estimated value of £6,030 per m². The EPC rating is D, with a potential rating of B.

    Type

    Terraced

    Tenure

    Freehold

    Floor Area

    818 sq ft

    76 m²

    Last Sale Price

    £262,000

    May 2014

    Estimated Valuation

    £458,250

    Est. £/sq ft

    £560/sq ft

    £6,030/m²

    Property Details

    TypeTerraced
    TenureFreehold
    Built formMid-Terrace
    Construction ageEngland and Wales: 1930-1949
    Habitable rooms5
    Main fuelmains gas (not community)
    EPC currentD
    EPC potentialB
    Floor area818 sq ft (76 m²)
    EPC dateJan 2014
    WallsSolid brick, as built, no insulation (assumed)
    HeatingBoiler and radiators, mains gas

    Transaction History

    15 May 2014

    £262,000

    Key Metrics

    Estimated valuation£458,250
    Value per sq ft / m²£560/sq ft (£6,030/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    RM7 district percentile63rd percentile
    National percentile75th 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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