70, MARKS ROAD, ROMFORD, RM7 7AH - £417,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

70 MARKS ROAD is a very small extended detached house of 83m², built sometime between 1930 and 1949. It was last sold for £417,000 in October 2018, which was around 41% below the average October 2018 detached price in the Havering local authority area. The most recent EPC inspection was June 2017, where the current energy rating was E, and the potential energy rating was C.

70 MARKS ROAD Sold Prices

Land registry data shows two sales for 70 MARKS ROAD since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Havering local authority area for the corresponding sale date. Both of the two 70 MARKS 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
2018 5 OCT	£417,000	£709,424	41% below HPI
2002 31 JAN	£145,000	£262,586	45% below HPI

70 MARKS ROAD Price Paid vs. HPI Average

The below graph shows the average detached house price in the Havering local authority area over time, sourced from the HPI. The two 70 MARKS ROAD sales from January 2002 and October 2018 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 January 2002 sale was for 45% below the HPI. So the extrapolation line tracks at 45% below the HPI over time, until the October 2018 sale, where it rises to 41% below the HPI. The line then continues to track at 41% below the HPI.

How Large is 70 MARKS ROAD?

70 MARKS ROAD is 83m², which includes two extensions, according to the EPC inspection conducted in June 2017. This puts it in the smallest 20% of detached houses in Romford, based on EPC data. The below chart shows the distribution of detached houses by size in Romford, and where 70 MARKS ROAD lies on this distribution: 13% of detached houses are smaller than 70 MARKS ROAD, and 87% of houses are larger. Note that EPC data is not available for all properties in Romford.

70 MARKS ROAD: Plot and Title Map

70 MARKS ROAD sits on a plot of roughly 0.088 of an acre, or 357m². The below map shows the location of 70 MARKS 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 70 MARKS 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.

Where is 70 MARKS ROAD?

70 MARKS ROAD is located in ROMFORD, in the RM7 postcode district. The below map shows the position of No. 70 on MARKS ROAD.