5 Essex Road

    5, ESSEX ROAD, ROMFORD, RM7 8BE

    This detached freehold property on Essex Road last sold in November 2024 for £420,000. Based on price growth in the RM7 district since then, its estimated current value is £518,357 — placing it in the 80th percentile nationally and the 83rd percentile within RM7. The property covers 78 m² (840 sq ft), giving an estimated value of £6,646 per m². The EPC rating is E, with a potential rating of C.

    Type

    Detached

    Tenure

    Freehold

    Floor Area

    840 sq ft

    78 m²

    Last Sale Price

    £420,000

    Nov 2024

    Estimated Valuation

    £518,357

    Est. £/sq ft

    £617/sq ft

    £6,646/m²

    Property Details

    TypeDetached
    TenureFreehold
    Built formDetached
    Construction ageEngland and Wales: 1930-1949
    Habitable rooms3
    Main fuelmains gas (not community)
    EPC currentE
    EPC potentialC
    Floor area840 sq ft (78 m²)
    EPC dateJun 2024
    WallsSolid brick, as built, no insulation (assumed)
    HeatingBoiler and radiators, mains gas

    Transaction History

    29 Nov 2024

    £420,000

    Key Metrics

    Estimated valuation£518,357
    Value per sq ft / m²£617/sq ft (£6,646/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    RM7 district percentile83rd percentile
    National percentile80th 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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