7 Lake Close

    7, LAKE CLOSE, DAGENHAM, RM8 2TE

    This semi-detached freehold property on Lake Close last sold in April 2018 for £342,000. Based on price growth in the RM8 district since then, its estimated current value is £404,430 — placing it in the 68th percentile nationally and the 65th percentile within RM8. The property covers 76 m² (818 sq ft), giving an estimated value of £5,321 per m². The EPC rating is C, with a potential rating of B.

    Type

    Semi-Detached

    Tenure

    Freehold

    Floor Area

    818 sq ft

    76 m²

    Last Sale Price

    £342,000

    Apr 2018

    Estimated Valuation

    £404,430

    Est. £/sq ft

    £494/sq ft

    £5,321/m²

    Property Details

    TypeSemi-Detached
    TenureFreehold
    Built formSemi-Detached
    Construction ageEngland and Wales: 1991-1995
    Habitable rooms5
    Main fuelmains gas (not community)
    EPC currentC
    EPC potentialB
    Floor area818 sq ft (76 m²)
    EPC dateJan 2018
    WallsCavity wall, as built, insulated (assumed)
    HeatingBoiler and radiators, mains gas

    Transaction History

    16 Apr 2018

    £342,000

    7 Dec 2001

    New build

    £151,750

    Key Metrics

    Estimated valuation£404,430
    Value per sq ft / m²£494/sq ft (£5,321/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    RM8 district percentile65th percentile
    National percentile68th 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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