294 Lodge Lane, Romford, RM5 2HX is a freehold terraced property built between 1967-1975. The property offers approximately 721 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 £397,487 , which equates to approximately £551 per square foot. It was last sold on 7 Dec 2016 for £310,500. Since then, the value has increased by £86,987, representing a 28.0% increase, or approximately 3.1% per year.

The current estimated value of £397,487 is:

  • 11.9% lower than the average property price on Lodge Lane
  • 7.6% lower than the average in the RM5 2HX postcode area
  • and 11.4% lower than the average price for Romford as a whole

At the most recent EPC inspection on 16 September 2016, the property was recorded as owner-occupied.

View sold house prices in RM5 2HX

Building approximate location

About Property

Type
Terraced House
Built
1967-1975
Interior Size
721 sq ft
Tenure
Freehold
Price (estimate)
£397,487
Price Per sq ft (estimate)
£551
Bedroom Count (estimate)
2 bedrooms

EPC Summary

294 Lodge Lane, Romford, Havering, Greater London Authority, RM5 2HX has an Energy Performance Certificate (EPC) rating of D, based on the latest assessment carried out on 16 Sep 2016.

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
Average
Roof
Pitched, 150 mm loft insulation
Good
Walls
Cavity wall, as built, no insulation (assumed)
Poor
Windows
Fully double glazed
Average
Lighting
Low energy lighting in all fixed outlets
Very Good

Compared to RM5 2HX

12 th / 18
Price Rank
8% lower than average
13 th / 13
Size Rank
26% smaller than average
5 th / 13
Price Per Sq FT Rank
25% higher than average

Compared to other properties in RM5 2HX , this house's estimated value ranks 12th out of 18. Based on price per square foot, it ranks 5th out of 13 properties. In terms of size, this home ranks 13th out of 13 properties in its postcode area.

Sale History

Today
£397,487
streetscan.co.uk estimate
+28 %
7 Dec 2016
£310,500
Leasehold
+192.9 %
27 Apr 2001
£106,000
Leasehold

Area Insights

Similar Properties Sold Nearby

rooms: 5
size: 758 sq ft
sale price: £375,000
sale date: 20 Nov 2017
rooms: 4
size: 818 sq ft
sale price: £200,000
sale date: 24 Aug 2007
rooms: 4
size: 829 sq ft
sale price: £356,500
sale date: 5 Feb 2024
rooms: 5
size: 689 sq ft
sale price: £300,000
sale date: 19 May 2023
rooms: 5
size: 800 sq ft
sale price: £300,000
sale date: 8 Aug 2019

Data Sources

The property at 294 Lodge Lane, Romford, RM5 2HX appears two times in the Land Registry records, with the latest transaction recorded on 7 Dec 2016. It also has a single Energy Performance Certificate (EPC) from 16 Sep 2016. 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.