553 Wood Lane

    553, WOOD LANE, DAGENHAM, RM8 1DR

    This terraced freehold property on Wood Lane last sold in February 2019 for £450,000. Based on price growth in the RM8 district since then, its estimated current value is £544,730 — placing it in the 82nd percentile nationally and the 97th percentile within RM8. The property covers 142 m² (1,528 sq ft), giving an estimated value of £3,836 per m². The EPC rating is B, with a potential rating of B.

    Type

    Terraced

    Tenure

    Freehold

    Floor Area

    1,528 sq ft

    142 m²

    Last Sale Price

    £450,000

    Feb 2019

    Estimated Valuation

    £544,730

    Est. £/sq ft

    £356/sq ft

    £3,836/m²

    Property Details

    TypeTerraced
    TenureFreehold
    Built formEnd-Terrace
    Construction age2019
    Habitable roomsNot available
    Main fuelNot available
    EPC currentB
    EPC potentialB
    Floor area1,528 sq ft (142 m²)
    EPC dateFeb 2019
    WallsAverage thermal transmittance 0.22 W/m
    HeatingCommunity scheme

    Transaction History

    26 Feb 2019

    New build

    £450,000

    Key Metrics

    Estimated valuation£544,730
    Value per sq ft / m²£356/sq ft (£3,836/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    RM8 district percentile97th percentile
    National percentile82nd percentile

    District Context — RM8

    RM8 covers parts of east London, sitting within the wider Romford postal area in the London Borough of Havering. It is a densely populated residential neighbourhood with strong family demographics and a significant private rental market.

    Average Property Price - RM8

    £369,513

    60

    National percentile

    Average Net Household Income - RM8

    £46,275

    79

    National percentile

    10-Year Annualised Price Growth - RM8

    4.2%

    72

    National percentile

    10-Year Annualised Rent Growth - RM

    4.4%

    80

    National percentile

    View full analysis for RM8

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