3 Lake Road, Romford, RM6 5BP is a freehold terraced property built between 1983-1990. The property offers approximately 1,012 square feet of living space. In this location, properties of similar size usually have three bedrooms.

The estimated current market value of the property is £450,773 , which equates to approximately £445 per square foot. It was last sold on 7 May 2020 for £355,000. Since then, the value has increased by £95,773, representing a 27.0% increase, or approximately 4.8% per year.

The current estimated value of £450,773 is:

  • 19.9% higher than the average property price on Lake Road
  • 26.4% higher than the average in the RM6 5BP postcode area
  • and 0.5% higher than the average price for Romford as a whole

At the most recent EPC inspection on 13 January 2015, the property was recorded as owner-occupied.

View sold house prices in RM6 5BP

Building approximate location

About Property

Type
Terraced House
Built
1983-1990
Interior Size
1012 sq ft
Tenure
Freehold
Price (estimate)
£450,773
Price Per sq ft (estimate)
£445
Bedroom Count (estimate)
3 bedrooms

EPC Summary

3 Lake Road, Romford, Barking And Dagenham, Greater London Authority, RM6 5BP has an Energy Performance Certificate (EPC) rating of C, based on the latest assessment carried out on 13 Jan 2020.

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 13 Jan 2015. The rating of C remains the same, but the energy efficiency score improved by 4.2%.

Since the previous assessment, several changes were observed:

  • The roof construction or insulation changed from pitched, 250 mm loft insulation to pitched, insulated (assumed), changing energy efficiency from good to average.
  • The wall construction or insulation changed from cavity wall, filled cavity to cavity wall, as built, insulated (assumed), with no change in energy efficiency (good).
  • The lighting was updated from no low energy lighting to low energy lighting in 83% of fixed outlets, with efficiency improving from very poor to very good.
Heating Type
Boiler and radiators, mains gas
Good
Hot Water
From main system
Good
Roof
Pitched, insulated (assumed)
Average
Walls
Cavity wall, as built, insulated (assumed)
Good
Windows
Fully double glazed
Average
Lighting
Low energy lighting in 83% of fixed outlets
Very Good

Compared to RM6 5BP

2 nd / 18
Price Rank
26% higher than average
1 st / 15
Size Rank
40% bigger than average
15 th / 15
Price Per Sq FT Rank
9% lower than average

Compared to other properties in RM6 5BP , this house's estimated value ranks 2nd out of 18. Based on price per square foot, it ranks 15th out of 15 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 1st out of 15 properties in its postcode area.

Sale History

Today
£450,773
streetscan.co.uk estimate
+27 %
7 May 2020
£355,000
Leasehold
+42 %
27 Feb 2015
£249,995
Leasehold

Area Insights

Nearby Properties

4 Lake Road, Romford, RM6 5BP
rooms: 4
size: 743 sq ft
sale price: £190,000
sale date: 21 Apr 2005
1 Lake Road, Romford, RM6 5BP
rooms: 3
size: 743 sq ft
sale price: £295,000
sale date: 31 Jan 2019
9 Lake Road, Romford, RM6 5BP
rooms: 4
size: 721 sq ft
sale price: £165,000
sale date: 7 Mar 2007
10 Lake Road, Romford, RM6 5BP
rooms: 4
size: 710 sq ft
sale price: £265,000
sale date: 5 Nov 2015
11 Lake Road, Romford, RM6 5BP
rooms: 4
size: 710 sq ft
sale price: £170,000
sale date: 31 May 2011

Data Sources

The property at 3 Lake Road, Romford, RM6 5BP appears two times in the Land Registry records, with the latest transaction recorded on 7 May 2020. It also has two Energy Performance Certificates (EPC) entries, the earliest dating back to 13 Jan 2020. 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.
↑