23 Lake Close

    23, LAKE CLOSE, DAGENHAM, RM8 2TE

    This terraced freehold property on Lake Close last sold in February 2017 for £310,000. Based on price growth in the RM8 district since then, its estimated current value is £383,129 — placing it in the 65th percentile nationally and the 52nd percentile within RM8. The property covers 64 m² (689 sq ft), giving an estimated value of £5,986 per m². The EPC rating is C, with a potential rating of B.

    Type

    Terraced

    Tenure

    Freehold

    Floor Area

    689 sq ft

    64 m²

    Last Sale Price

    £310,000

    Feb 2017

    Estimated Valuation

    £383,129

    Est. £/sq ft

    £556/sq ft

    £5,986/m²

    Property Details

    TypeTerraced
    TenureFreehold
    Built formEnd-Terrace
    Construction ageEngland and Wales: 1991-1995
    Habitable rooms4
    Main fuelmains gas (not community)
    EPC currentC
    EPC potentialB
    Floor area689 sq ft (64 m²)
    EPC dateJul 2016
    WallsCavity wall, as built, insulated (assumed)
    HeatingBoiler and radiators, mains gas

    Transaction History

    3 Feb 2017

    £310,000

    28 Sept 2001

    New build

    £119,000

    Key Metrics

    Estimated valuation£383,129
    Value per sq ft / m²£556/sq ft (£5,986/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    RM8 district percentile52nd percentile
    National percentile65th 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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