47 Southern Way

    47, SOUTHERN WAY, ROMFORD, ROMFORD, RM7 9PB

    This terraced freehold property on Southern Way last sold in March 2006 for £310,000. Based on price growth in the RM7 district since then, its estimated current value is £694,933 — placing it in the 90th percentile nationally and the 98th percentile within RM7. The property covers 186 m² (2,002 sq ft), giving an estimated value of £3,736 per m². The EPC rating is D, with a potential rating of C.

    Type

    Terraced

    Tenure

    Freehold

    Floor Area

    2,002 sq ft

    186 m²

    Last Sale Price

    £310,000

    Mar 2006

    Estimated Valuation

    £694,933

    Est. £/sq ft

    £347/sq ft

    £3,736/m²

    Property Details

    TypeTerraced
    TenureFreehold
    Built formEnd-Terrace
    Construction ageEngland and Wales: 1930-1949
    Habitable rooms9
    Main fuelmains gas (not community)
    EPC currentD
    EPC potentialC
    Floor area2,002 sq ft (186 m²)
    EPC dateAug 2020
    WallsSolid brick, as built, no insulation (assumed)
    HeatingBoiler and radiators, mains gas

    Transaction History

    3 Mar 2006

    £310,000

    1 Jun 2001

    £171,500

    10 Jan 1996

    £45,000

    Key Metrics

    Estimated valuation£694,933
    Value per sq ft / m²£347/sq ft (£3,736/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    RM7 district percentile98th percentile
    National percentile90th 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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