51, Lodge Lane
51, Lodge Lane
Description & Estimates
Public records show 51, Lodge Lane, Romford to be an early-century freehold house with 1,603 ft2 of internal area, sitting on a 535 m2 plot.
In this area, houses of this size normally have 4 bedrooms with a garden.
51, Lodge Lane, Romford has an estimated sale value of £592,977 and an estimated rental value of £3,601 per month, assuming reasonable condition and based on the information available.
Lodge Lane, Romford, RM5 lies in the borough of Havering, within the RM5 postal district.
Our Data Sources
51, Lodge Lane, Romford has 41 entries in the Land Registry , most recently in February 2024 and a single entry in the EPC database dated August 2023.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 4 out of 5 and is considered of high accuracy.
Price Range & Condition
In very good condition, we estimate 51, Lodge Lane, Romford would be worth £622,626, with a potential rental value of £3,781 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £551,469, with a rental value of £3,349 per month.
The extent to which decoration affects a property's value depends on its type, size and location.
Recent Market Change
The estimated sale value of 51, Lodge Lane, Romford has risen by £907 (0.2%) over the last year. During the same period, its estimated monthly rental value has moved up by £96 (2.7%). The property's estimated gross yield is currently 7.3%.
Plot Size
51, Lodge Lane, Romford occupies a 535 m2 plot as recorded by HM Land Registry.
Of the 37 other houses in this postcode, 36 have recorded plot sizes, and this one ranks as the 13th largest.
Energy Efficiency
51, Lodge Lane, Romford has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 29 Aug 2023.
The property is connected to mains gas and has mostly double glazing. It is heated using Boiler and radiators, mains gas.
Sold Prices
51, Lodge Lane, Romford last changed hands on 14th February 2024, selling for £525,000. The transaction was logged as a freehold house by HM Land Registry.
In total it has sold 4 times since 1995.
The market for similar properties has risen by 0.9% since February 2024.
- Sold Feb 2024£525,000
- Sold Jan 2012£245,000
- Sold Oct 2009£150,000
Similar Properties Sold Nearby
Land Registry records and our Estate Agent network show 3 sales of comparable properties within 690 metres of 51, Lodge Lane, Romford across the last 2 years.
Most recently, 4, Lodge Lane, Romford, RM5 2EJ, a freehold house, sold at £475,000 on the 7th January 2022.
Read more about house prices in RM5.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Our analysis of the public data ranks 51, Lodge Lane, Romford as the 21st largest and the 21st most expensive of the 285 addresses on Lodge Lane, Romford, RM5.
Against the RM5 postcode district average, it is £174k more expensive than the typical property.
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Schools Nearby
- 600mSt Patrick's Catholic Primary School
- 800mClockhouse Primary School
- 900mCrownfield Junior School
- 2.1kmBower Park Academy
- 2.4kmMarshalls Park Academy
- 2.7kmThe Warren School
More reading links
Public Transport Nearby
Romford station is the nearest stop to 51, Lodge Lane, Romford at 3.5 kilometres away.
- 3.5kmRomford
- 3.8kmChadwell Heath
Available Internet Speeds
Ofcom's latest figures show ultrafast broadband available in this area.
According to recent data from Ofcom, Ultrafast broadband is available in the area.
Risk of Flooding
Environment Agency data suggests this area has a very low risk of flooding.
