98 Lake Rise, Romford, RM1 4EE is a freehold semi-detached property built between 1930-1949. The property offers approximately 1,270 square feet of living space. In this location, properties of similar size usually have four bedrooms.

The estimated current market value of the property is £706,749 , which equates to approximately £556 per square foot. It was last sold on 6 Oct 2016 for £560,000. Since then, the value has increased by £146,749, representing a 26.2% increase, or approximately 2.9% per year.

The current estimated value of £706,749 is:

  • 21.7% lower than the average property price on Lake Rise
  • 15.5% lower than the average in the RM1 4EE postcode area
  • and 57.5% higher 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 10 May 2016, the property was recorded as owner-occupied.

View sold house prices in RM1 4EE

Building approximate location

About Property

Type
Semi-Detached House
Built
1930-1949
Interior Size
1270 sq ft
Tenure
Freehold
Price (estimate)
£706,749
Price Per sq ft (estimate)
£556
Bedroom Count (estimate)
4 bedrooms

EPC Summary

98 Lake Rise, Romford, Havering, Greater London Authority, RM1 4EE has an Energy Performance Certificate (EPC) rating of D, based on the latest assessment carried out on 10 May 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 mostly double glazed.

The previous EPC assessment was conducted on 1 Mar 2012. The rating of D remains the same, but the energy efficiency score improved by 3.6%.

Since the previous assessment, several changes were observed:

  • The windows were upgraded from fully double glazed to mostly double glazing.
  • The lighting was updated from low energy lighting in 80% of fixed outlets to low energy lighting in 8% of fixed outlets, with efficiency changing from very good to very poor.
Heating Type
Boiler and radiators, mains gas
Good
Hot Water
From main system
Good
Roof
Pitched, 100 mm loft insulation
Average
Walls
Solid brick, as built, no insulation (assumed)
Very Poor
Windows
Mostly double glazing
Average
Lighting
Low energy lighting in 8% of fixed outlets
Very Poor

Compared to RM1 4EE

13 th / 17
Price Rank
15% lower than average
8 th / 14
Size Rank
15% smaller than average
8 th / 14
Price Per Sq FT Rank
0% same as average

Compared to other properties in RM1 4EE , this house's estimated value ranks 13th out of 17. Based on price per square foot, it ranks 8th out of 14 properties. In terms of size, this home ranks 8th out of 14 properties in its postcode area.

Sale History

Today
£706,749
streetscan.co.uk estimate
+26 %
6 Oct 2016
£560,000
Leasehold

Area Insights

Similar Properties Sold Nearby

rooms: 5
size: 1152 sq ft
sale price: £638,000
sale date: 23 Jun 2023
rooms: 5
size: 1292 sq ft
sale price: £656,000
sale date: 12 May 2023
rooms: 5
size: 1087 sq ft
sale price: £615,000
sale date: 20 Nov 2020
rooms: 6
size: 1313 sq ft
sale price: £620,000
sale date: 26 Jun 2020
rooms: 5
size: 1249 sq ft
sale price: £615,000
sale date: 1 Apr 2020

Data Sources

The property at 98 Lake Rise, Romford, Havering, Greater London Authority, RM1 4EE appears once in the Land Registry records, with the transaction recorded on 6 Oct 2016. It also has two Energy Performance Certificates (EPC) entries, the earliest dating back to 10 May 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.