25 Lake Close

    25, LAKE CLOSE, DAGENHAM, RM8 2TE

    This terraced freehold property on Lake Close last sold in September 2014 for £220,000. Based on price growth in the RM8 district since then, its estimated current value is £388,500 — placing it in the 66th percentile nationally and the 55th percentile within RM8. The property covers 62 m² (667 sq ft), giving an estimated value of £6,266 per m². The EPC rating is C, with a potential rating of B.

    Type

    Terraced

    Tenure

    Freehold

    Floor Area

    667 sq ft

    62 m²

    Last Sale Price

    £220,000

    Sept 2014

    Estimated Valuation

    £388,500

    Est. £/sq ft

    £582/sq ft

    £6,266/m²

    Property Details

    TypeTerraced
    TenureFreehold
    Built formMid-Terrace
    Construction ageEngland and Wales: 1996-2002
    Habitable rooms3
    Main fuelmains gas (not community)
    EPC currentC
    EPC potentialB
    Floor area667 sq ft (62 m²)
    EPC dateMay 2020
    WallsCavity wall, as built, insulated (assumed)
    HeatingBoiler and radiators, mains gas

    Transaction History

    26 Sept 2014

    £220,000

    21 Sept 2006

    £177,000

    21 Sept 2001

    New build

    £116,500

    Key Metrics

    Estimated valuation£388,500
    Value per sq ft / m²£582/sq ft (£6,266/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    RM8 district percentile55th percentile
    National percentile66th 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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