40 Lucerne Way, Romford, RM3 8BS is a freehold terraced property built between 1967-1975. The property offers approximately 775 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 £290,871 , which equates to approximately £375 per square foot. It was last sold on 16 May 2008 for £153,000. Since then, the value has increased by £137,871, representing a 90.1% increase, or approximately 5.1% per year.

The current estimated value of £290,871 is:

  • 3.2% lower than the average property price on Lucerne Way
  • 6.7% lower than the average in the RM3 8BS postcode area
  • and 35.2% lower than the average price for Romford as a whole

View sold house prices in RM3 8BS

Building approximate location

About Property

Type
Terraced House
Built
1967-1975
Interior Size
775 sq ft
Tenure
Freehold
Price (estimate)
£290,871
Price Per sq ft (estimate)
£375
Bedroom Count (estimate)
2 bedrooms

EPC Summary

40 Lucerne Way, Romford, Havering, Greater London Authority, RM3 8BS has an Energy Performance Certificate (EPC) rating of D, based on the latest assessment carried out on 3 Sep 2014.

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 24 Sep 2013, when the property was rated C. The current rating of D reflects a decline in energy efficiency of 10.8%.

Since the previous assessment, several changes were observed:

  • The roof construction or insulation changed from flat, limited insulation (assumed) to pitched, limited insulation (assumed), changing energy efficiency from poor to very poor.
  • The wall construction or insulation changed from cavity wall, as built, partial insulation (assumed) to cavity wall, as built, no insulation (assumed), changing energy efficiency from average to poor.
  • The lighting was updated from low energy lighting in all fixed outlets to low energy lighting in 20% of fixed outlets, with efficiency changing from very good to poor.
Heating Type
Boiler and radiators, mains gas
Good
Hot Water
From main system
Good
Roof
Pitched, limited insulation (assumed)
Very Poor
Walls
Cavity wall, as built, no insulation (assumed)
Poor
Windows
Fully double glazed
Good
Lighting
Low energy lighting in 20% of fixed outlets
Poor

Compared to RM3 8BS

26 th / 31
Price Rank
7% lower than average
23 rd / 27
Size Rank
8% smaller than average
15 th / 27
Price Per Sq FT Rank
1% higher than average

Compared to other properties in RM3 8BS , this house's estimated value ranks 26th out of 31. Based on price per square foot, it ranks 15th out of 27 properties. In terms of size, this home ranks 23th out of 27 properties in its postcode area.

Sale History

Today
£290,871
streetscan.co.uk estimate
+90 %
16 May 2008
£153,000
Leasehold

Area Insights

Similar Properties Sold Nearby

24 Lucerne Way, Romford, RM3 8BS
rooms: 4
size: 829 sq ft
sale price: £325,000
sale date: 30 Nov 2023
55 Lucerne Way, Romford, RM3 8BS
rooms: 4
size: 829 sq ft
sale price: £315,000
sale date: 28 Apr 2023
17 Lucerne Way, Romford, RM3 8BS
rooms: 4
size: 807 sq ft
sale price: £315,000
sale date: 3 Mar 2023
16 Lucerne Way, Romford, RM3 8BS
rooms: 4
size: 807 sq ft
sale price: £340,000
sale date: 21 Oct 2022
5 Lucerne Way, Romford, RM3 8BS
rooms: 4
size: 775 sq ft
sale price: £310,000
sale date: 17 May 2022

Data Sources

The property at 40 Lucerne Way, Romford, Havering, Greater London Authority, RM3 8BS appears once in the Land Registry records, with the transaction recorded on 16 May 2008. It also has two Energy Performance Certificates (EPC) entries, the earliest dating back to 3 Sep 2014. 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.
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