38 Lucerne Way, Romford, RM3 8BS is a freehold terraced property built between 1950-1966. The property offers approximately 829 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 £275,895 , which equates to approximately £333 per square foot. It was last sold on 1 Aug 2012 for £137,000. Since then, the value has increased by £138,895, representing a 101.4% increase, or approximately 7.6% per year.

The current estimated value of £275,895 is:

  • 8.2% lower than the average property price on Lucerne Way
  • 11.5% lower than the average in the RM3 8BS postcode area
  • and 38.5% lower 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 6 February 2021, the property was recorded as owner-occupied.

View sold house prices in RM3 8BS

Building approximate location

About Property

Type
Terraced House
Built
1950-1966
Interior Size
829 sq ft
Tenure
Freehold
Price (estimate)
£275,895
Price Per sq ft (estimate)
£333
Bedroom Count (estimate)
2 bedrooms

EPC Summary

38 Lucerne Way, Romford, Havering, Greater London, RM3 8BS has an Energy Performance Certificate (EPC) rating of D, based on the latest assessment carried out on 6 Feb 2021.

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 7 Apr 2010. The rating of D is unchanged, though the energy efficiency score decreased by 15.4%.

Since the previous assessment, several changes were observed:

  • The roof construction or insulation changed from pitched, 75 mm loft insulation to pitched, no insulation (assumed), changing energy efficiency from average to very poor.
  • The wall construction or insulation changed from cavity wall, as built, no insulation (assumed) to system built, as built, no insulation (assumed), changing energy efficiency from poor to very poor.
  • The windows were upgraded from partial double glazing to fully double glazed.
  • The lighting was changed from low energy lighting in 25% of fixed outlets to low energy lighting in 42% of fixed outlets, with no change in efficiency (average).
Heating Type
Boiler and radiators, mains gas
Good
Hot Water
From main system
Good
Roof
Pitched, no insulation (assumed)
Very Poor
Walls
System built, as built, no insulation (assumed)
Very Poor
Windows
Fully double glazed
Average
Lighting
Low energy lighting in 42% of fixed outlets
Average

Compared to RM3 8BS

24 th / 31
Price Rank
12% lower than average
15 th / 27
Size Rank
1% smaller than average
19 th / 27
Price Per Sq FT Rank
10% lower than average

Compared to other properties in RM3 8BS , this house's estimated value ranks 24th out of 31. Based on price per square foot, it ranks 19th out of 27 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 15th out of 27 properties in its postcode area.

Sale History

Today
£275,895
streetscan.co.uk estimate
+101 %
1 Aug 2012
£137,000
Leasehold
+16.1 %
9 Dec 2003
£118,000
Leasehold
+71 %
25 May 2001
£69,000
Leasehold

Area Insights

Similar Properties Sold Nearby

rooms: 4
size: 829 sq ft
sale price: £325,000
sale date: 30 Nov 2023
rooms: 4
size: 829 sq ft
sale price: £315,000
sale date: 28 Apr 2023
rooms: 4
size: 807 sq ft
sale price: £315,000
sale date: 3 Mar 2023
rooms: 4
size: 807 sq ft
sale price: £340,000
sale date: 21 Oct 2022
rooms: 4
size: 775 sq ft
sale price: £310,000
sale date: 17 May 2022

Data Sources

The property at 38 Lucerne Way, Romford, RM3 8BS appears three times in the Land Registry records, with the latest transaction recorded on 1 Aug 2012. It also has two Energy Performance Certificates (EPC) entries, the earliest dating back to 6 Feb 2021. 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.