48 Elm Road

    48, ELM ROAD, ROMFORD, RM7 8HH

    This terraced freehold property on Elm Road last sold in August 2020 for £310,000. Based on price growth in the RM7 district since then, its estimated current value is £363,942 — placing it in the 62nd percentile nationally and the 30th percentile within RM7. The property covers 69 m² (743 sq ft), giving an estimated value of £5,275 per m². The EPC rating is E, with a potential rating of B.

    Type

    Terraced

    Tenure

    Freehold

    Floor Area

    743 sq ft

    69 m²

    Last Sale Price

    £310,000

    Aug 2020

    Estimated Valuation

    £363,942

    Est. £/sq ft

    £490/sq ft

    £5,275/m²

    Property Details

    TypeTerraced
    TenureFreehold
    Built formMid-Terrace
    Construction ageEngland and Wales: 1950-1966
    Habitable rooms4
    Main fuelmains gas (not community)
    EPC currentE
    EPC potentialB
    Floor area743 sq ft (69 m²)
    EPC dateJun 2020
    WallsCavity wall, filled cavity
    HeatingRoom heaters, mains gas, Room heaters, mains gas

    Transaction History

    24 Aug 2020

    £310,000

    Key Metrics

    Estimated valuation£363,942
    Value per sq ft / m²£490/sq ft (£5,275/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    RM7 district percentile30th percentile
    National percentile62nd 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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