1 Lake Rise, Romford, RM1 4DZ is a freehold detached property built between 1930-1949. The property offers approximately 1,991 square feet of living space. In this location, properties of similar size usually have six bedrooms.

The estimated current market value of the property is £1,019,734 , which equates to approximately £512 per square foot. It was last sold on 5 Jul 2022 for £975,000. Since then, the value has increased by £44,734, representing a 4.6% increase, or approximately 1.3% per year.

The current estimated value of £1,019,734 is:

  • 13.0% higher than the average property price on Lake Rise
  • 7.7% higher than the average in the RM1 4DZ postcode area
  • and 127.3% higher than the average price for Romford as a whole

This property has had 2 EPC inspections with recorded tenure information. It was recorded as owner-occupied both times. This suggests the property has typically been lived in by its owners, which often reflects longer-term residency and more consistent maintenance.

At the most recent EPC inspection on 11 January 2022, the property was recorded as owner-occupied.

View sold house prices in RM1 4DZ

Building approximate location

About Property

Type
Detached House
Built
1930-1949
Interior Size
1991 sq ft
Tenure
Freehold
Price (estimate)
£1,019,734
Price Per sq ft (estimate)
£512
Bedroom Count (estimate)
6 bedrooms

EPC Summary

1 Lake Rise, Romford, Havering, Greater London, RM1 4DZ has an Energy Performance Certificate (EPC) rating of D, based on the latest assessment carried out on 11 Jan 2022.

This property uses a gas-fired boiler and radiators, connected to the mains gas supply, as its main heating source. Hot water is provided from main heating system. The windows are fully double glazed.

The previous EPC assessment was conducted on 25 Oct 2010, when the property was rated E. Since then, the rating has improved to D, with the energy efficiency score increasing by 40.5%.

Since the previous assessment, several changes were observed:

  • The roof construction or insulation changed from pitched, no insulation (assumed) to pitched, 150 mm loft insulation, improving energy efficiency from very poor to good.
  • The lighting was updated from low energy lighting in 17% of fixed outlets to low energy lighting in all fixed outlets, with efficiency improving from poor to very good.
Heating Type
Boiler and radiators, mains gas
Good
Hot Water
From main system
Good
Roof
Pitched, 150 mm loft insulation
Good
Walls
Solid brick, as built, no insulation (assumed)
Very Poor
Windows
Fully double glazed
Average
Lighting
Low energy lighting in all fixed outlets
Very Good

Compared to RM1 4DZ

5 th / 16
Price Rank
8% higher than average
3 rd / 8
Size Rank
11% bigger than average
6 th / 8
Price Per Sq FT Rank
3% lower than average

Compared to other properties in RM1 4DZ , this house's estimated value ranks 5th out of 16. Based on price per square foot, it ranks 6th out of 8 properties. This indicates a lower price per square foot than most, suggesting good value for the space offered. In terms of size, this home ranks 3rd out of 8 properties in its postcode area.

Sale History

Today
£1,019,734
streetscan.co.uk estimate
+5 %
5 Jul 2022
£975,000
Leasehold
+95 %
2 Oct 2020
£500,000
Leasehold
+1 %
30 Mar 2007
£495,000
Leasehold
+73.7 %
17 May 2001
£285,000
Leasehold
+36.4 %
5 Jun 1998
£208,950
Leasehold
+51.4 %
31 Jan 1997
£138,000
Leasehold

Area Insights

Similar Properties Sold Nearby

rooms: 8
size: 2002 sq ft
sale price: £805,000
sale date: 16 Sep 2022
rooms: 8
size: 1948 sq ft
sale price: £575,000
sale date: 10 Jan 2014

Data Sources

The property at 1 Lake Rise, Romford, RM1 4DZ appears six times in the Land Registry records, with the latest transaction recorded on 5 Jul 2022. It also has two Energy Performance Certificates (EPC) entries, the earliest dating back to 11 Jan 2022. We use this data, to estimate the property's characteristics and current market value.

This website uses public sector information from:

These datasets are licensed under the Open Government Licence v3.0.
This website is not affiliated with or endorsed by HM Land Registry or DLUHC.


Disclaimer: StreetScan.co.uk makes all reasonable efforts to ensure the information provided on this website is current and accurate; however, no warranties or representations are made as to its completeness or accuracy. StreetScan.co.uk expressly disclaims any and all liability for any loss, damage, or expense arising directly or indirectly from the use of, or reliance upon, such information.