Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources
60 EASTERN ROAD is a large detached house of 151m², built sometime before 1900. It was last sold for £515,000 in August 2016, which was around 22% below the average August 2016 detached price in the Havering local authority area. The most recent EPC inspection was September 2014, where the current energy rating was E, and the potential energy rating was B.
Land registry data shows four sales for 60 EASTERN ROAD since 1st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Havering local authority area for the corresponding sale date. Most of the four 60 EASTERN ROAD sales were for below the average price. The average price is sourced from the Office for National Statistics' House Price Index (HPI).
Date | Price | HPI Price | Variation from HPI |
---|---|---|---|
2016 30 AUG | £515,000 | £660,762 | 22% below HPI |
2007 5 NOV | £450,000 | £441,636 | 2% above HPI |
1997 30 SEP | £80,000 | £155,791 | 49% below HPI |
1996 22 MAR | £68,000 | £133,407 | 49% below HPI |
The below graph shows the average detached house price in the Havering local authority area over time, sourced from the HPI. The four 60 EASTERN ROAD sales between March 1996 and August 2016 have been plotted on the graph. A line has been extrapolated to show what the value of the property might have been over time, following each sale, had it maintained the same margin above or below the HPI (as a percentage). For example, the November 2007 sale was for 2% above the HPI. So the extrapolation line tracks at 2% above the HPI over time, until the August 2016 sale, where it falls to 22% below the HPI. The line then continues to track at 22% below the HPI.
60 EASTERN ROAD is 151m² according to the EPC inspection conducted in September 2014. This puts it in the largest 40% of detached houses in Romford, based on EPC data. The below chart shows the distribution of detached houses by size in Romford, and where 60 EASTERN ROAD lies on this distribution: 68% of detached houses are smaller than 60 EASTERN ROAD, and 31% of houses are larger. Note that EPC data is not available for all properties in Romford.
60 EASTERN ROAD sits on a plot of roughly 0.121 of an acre, or 488m². The below map shows the location of 60 EASTERN ROAD, an approximate outline of the building(s), and the indicative extent of the property. The plot extent is a Land Registry INSPIRE Index Polygon, and it is important to note that a title may include more than one polygon, whereas only one polygon is shown on the map (the polygon which intersects with the position of 60 EASTERN ROAD). The full extent of the land contained in any registered title can only be identified from the individual title plan. The maps on this page should not be relied upon to establish the extent of a title.
60 EASTERN ROAD is located in ROMFORD, in the RM1 postcode district. The below map shows the position of No. 60 on EASTERN ROAD.