61 Lodge Lane, Romford, RM5 2LJ is a freehold semi-detached property built between 1930-1949. The property offers approximately 980 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 £424,911 , which equates to approximately £434 per square foot. It was last sold on 18 Nov 2019 for £350,000. Since then, the value has increased by £74,911, representing a 21.4% increase, or approximately 3.5% per year.

The current estimated value of £424,911 is:

  • 5.8% lower than the average property price on Lodge Lane
  • 13.3% lower than the average in the RM5 2LJ postcode area
  • and 5.3% 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 29 October 2020, the property was recorded as owner-occupied.

View sold house prices in RM5 2LJ

Building approximate location

About Property

Type
Semi-Detached Bungalow
Built
1930-1949
Interior Size
980 sq ft
Tenure
Freehold
Price (estimate)
£424,911
Price Per sq ft (estimate)
£434
Bedroom Count (estimate)
3 bedrooms

EPC Summary

61 Lodge Lane, Romford, Havering, Greater London, RM5 2LJ has an Energy Performance Certificate (EPC) rating of D, based on the latest assessment carried out on 29 Oct 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 10 Aug 2018. The rating of D remains the same, but the energy efficiency score improved by 4.8%.

Since the previous assessment, several changes were observed:

  • The roof construction or insulation changed from pitched, 400+ mm loft insulation to pitched, 200 mm loft insulation, changing energy efficiency from very good to good.
  • The windows were upgraded from mostly double glazing to fully double glazed.
  • The lighting was updated from low energy lighting in 36% of fixed outlets to low energy lighting in 75% of fixed outlets, with efficiency improving from average to very good.
Heating Type
Boiler and radiators, mains gas
Good
Hot Water
From main system
Good
Roof
Pitched, 200 mm loft insulation
Good
Walls
Solid brick, as built, no insulation (assumed)
Very Poor
Windows
Fully double glazed
Average
Lighting
Low energy lighting in 75% of fixed outlets
Very Good

Compared to RM5 2LJ

22 nd / 30
Price Rank
13% lower than average
9 th / 23
Size Rank
3% bigger than average
20 th / 23
Price Per Sq FT Rank
15% lower than average

Compared to other properties in RM5 2LJ , this bungalow's estimated value ranks 22th out of 30. Based on price per square foot, it ranks 20th out of 23 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 9th out of 23 properties in its postcode area.

Sale History

Today
£424,911
streetscan.co.uk estimate
+21 %
18 Nov 2019
£350,000
Leasehold

Area Insights

Similar Properties Sold Nearby

rooms: 3
size: 936 sq ft
sale price: £412,000
sale date: 30 Jul 2021
rooms: 5
size: 915 sq ft
sale price: £510,000
sale date: 7 Apr 2021
rooms: 5
size: 840 sq ft
sale price: £372,000
sale date: 14 Jun 2019
rooms: 5
size: 1087 sq ft
sale price: £395,000
sale date: 20 Oct 2017
rooms: 3
size: 840 sq ft
sale price: £360,000
sale date: 5 Oct 2015

Data Sources

The property at 61 Lodge Lane, Romford, Havering, Greater London, RM5 2LJ appears once in the Land Registry records, with the transaction recorded on 18 Nov 2019. It also has two Energy Performance Certificates (EPC) entries, the earliest dating back to 29 Oct 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.


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