1b Forest Road

    1B, FOREST ROAD, ROMFORD, RM7 8DU

    This detached freehold property on Forest Road last sold in August 2015 for £249,000. Based on price growth in the RM7 district since then, its estimated current value is £348,332 — placing it in the 59th percentile nationally and the 28th percentile within RM7. The property covers 84 m² (904 sq ft), giving an estimated value of £4,147 per m². The EPC rating is B, with a potential rating of A.

    Type

    Detached

    Tenure

    Freehold

    Floor Area

    904 sq ft

    84 m²

    Last Sale Price

    £249,000

    Aug 2015

    Estimated Valuation

    £348,332

    Est. £/sq ft

    £385/sq ft

    £4,147/m²

    Property Details

    TypeDetached
    TenureFreehold
    Built formDetached
    Construction age2012
    Habitable roomsNot available
    Main fuelGas: mains gas
    EPC currentB
    EPC potentialA
    Floor area904 sq ft (84 m²)
    EPC dateApr 2015
    WallsAverage thermal transmittance 0.25 W/m²K
    HeatingBoiler and radiators, mains gas

    Transaction History

    14 Aug 2015

    £249,000

    Key Metrics

    Estimated valuation£348,332
    Value per sq ft / m²£385/sq ft (£4,147/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    RM7 district percentile28th percentile
    National percentile59th 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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