248 Lodge Lane, Romford, RM5 2EU is a freehold terraced property built between 1967-1975. The property offers approximately 798 square feet of living space. In this location, properties of similar size usually have two bedrooms.

The estimated current market value of the property is £446,574 , which equates to approximately £561 per square foot. It was last sold on 29 Mar 2016 for £330,000. Since then, the value has increased by £116,574, representing a 35.3% increase, or approximately 3.6% per year.

The current estimated value of £446,574 is:

  • 1.0% lower than the average property price on Lodge Lane
  • 4.5% lower than the average in the RM5 2EU postcode area
  • and 0.5% lower than the average price for Romford as a whole

At the most recent EPC inspection on 16 May 2011, the property was recorded as owner-occupied.

View sold house prices in RM5 2EU

Building approximate location

About Property

Type
Semi-Detached House
Built
1967-1975
Interior Size
798 sq ft
Tenure
Freehold
Price (estimate)
£446,574
Price Per sq ft (estimate)
£561
Bedroom Count (estimate)
2 bedrooms

EPC Summary

248 Lodge Lane, Romford, Havering, Greater London Authority, RM5 2EU has an Energy Performance Certificate (EPC) rating of E, based on the latest assessment carried out on 16 May 2011.

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.

Heating Type
Boiler and radiators, mains gas
Good
Hot Water
From main system
Good
Roof
Pitched, 75 mm loft insulation
Average
Walls
Cavity wall, as built, no insulation (assumed)
Poor
Windows
Fully double glazed
Average
Lighting
No low energy lighting
Very Poor

Compared to RM5 2EU

6 th / 17
Price Rank
4% lower than average
10 th / 10
Size Rank
17% smaller than average
1 st / 10
Price Per Sq FT Rank
14% higher than average

Compared to other properties in RM5 2EU , this house's estimated value ranks 6th out of 17. Based on price per square foot, it ranks 1st out of 10 properties. This suggests a relatively high price per square foot, which may reflect quality, location, or recent upgrades. In terms of size, this home ranks 10th out of 10 properties in its postcode area.

Sale History

Today
£446,574
streetscan.co.uk estimate
+35 %
29 Mar 2016
£330,000
Leasehold
+53.5 %
18 Nov 2011
£215,000
Leasehold
+7.5 %
30 Jul 2004
£200,000
Leasehold
+66.7 %
5 May 2000
£119,995
Leasehold

Area Insights

Similar Properties Sold Nearby

263 Lodge Lane, Romford, RM5 2EU
rooms: 5
size: 872 sq ft
sale price: £417,500
sale date: 9 May 2023
224 Lodge Lane, Romford, RM5 2EU
rooms: 5
size: 836 sq ft
sale price: £430,000
sale date: 6 Sep 2019
273 Lodge Lane, Romford, RM5 2EU
rooms: 4
size: 818 sq ft
sale price: £250,000
sale date: 19 Mar 2015
218 Lodge Lane, Romford, RM5 2EU
rooms: 4
size: 891 sq ft
sale price: £205,000
sale date: 31 May 2012
5 Lodge Lane, Romford, RM5 2LJ
rooms: 4
size: 829 sq ft
sale price: £356,500
sale date: 5 Feb 2024

Data Sources

The property at 248 Lodge Lane, Romford, RM5 2EU appears four times in the Land Registry records, with the latest transaction recorded on 29 Mar 2016. It also has a single Energy Performance Certificate (EPC) from 16 May 2011. 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.
↑