Flat 22, Fern Court, 106 Lodge Lane, Romford, RM5 2ET is a leasehold flat built between 2003-2006. The property offers approximately 538 square feet of living space and is situated on the 1st floor. In this location, apartments of similar size usually have one bedroom.

The estimated current market value of the property is £240,514 , which equates to approximately £447 per square foot. It was last sold on 6 Apr 2021 for £220,000. Since then, the value has increased by £20,514, representing a 9.3% increase, or approximately 2.0% per year.

The current estimated value of £240,514 is:

  • 46.7% lower than the average property price on Lodge Lane
  • 46.8% lower than the average in the RM5 2ET postcode area
  • and 46.4% 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 19 February 2018, the property was recorded as owner-occupied.

View sold house prices in RM5 2ET

Building approximate location

About Property

Type
Flat
Built
2003-2006
Interior Size
538 sq ft
Tenure
Leasehold
Floor level
1st floor
Price (estimate)
£240,514
Price Per sq ft (estimate)
£447
Bedroom Count (estimate)
1 bedroom

EPC Summary

Flat 22, Fern Court, 106 Lodge Lane, Romford, Havering, Greater London Authority, RM5 2ET has an Energy Performance Certificate (EPC) rating of C, based on the latest assessment carried out on 19 Feb 2018.

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 Nov 2008, when the property was rated B. The current rating of C reflects a decline in energy efficiency of 4.8%.

Heating Type
Boiler and radiators, mains gas
Good
Hot Water
From main system
Good
Walls
Cavity wall, as built, insulated (assumed)
Good
Windows
Fully double glazed
Good
Lighting
No low energy lighting
Very Poor

Compared to RM5 2ET

59 th / 65
Price Rank
47% lower than average
41 st / 50
Size Rank
43% smaller than average
34 th / 50
Price Per Sq FT Rank
7% lower than average

Compared to other properties in RM5 2ET , this flat's estimated value ranks 59th out of 65. Based on price per square foot, it ranks 34th out of 50 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 41th out of 50 properties in its postcode area.

Sale History

Today
£240,514
streetscan.co.uk estimate
+9 %
6 Apr 2021
£220,000
Leasehold
+57.1 %
30 Apr 2015
£140,000
Leasehold
+7.7 %
29 Oct 2010
£130,000
Leasehold
-7.1 %
1 Mar 2007
£140,000
Leasehold

Area Insights

Similar Properties Sold Nearby

rooms: 3
size: 603 sq ft
sale price: £275,000
sale date: 11 Dec 2023
rooms: 3
size: 614 sq ft
sale price: £290,000
sale date: 21 Jan 2022
rooms: 2
size: 466 sq ft
sale price: £215,000
sale date: 22 Jun 2021
rooms: 3
size: 581 sq ft
sale price: £247,500
sale date: 5 Feb 2021
rooms: 3
size: 549 sq ft
sale price: £105,750
sale date: 26 Oct 2020

Data Sources

The property at Flat 22, Fern Court, 106 Lodge Lane, Romford, RM5 2ET appears four times in the Land Registry records, with the latest transaction recorded on 6 Apr 2021. It also has two Energy Performance Certificates (EPC) entries, the earliest dating back to 19 Feb 2018. 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.