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Property details for 48 Lowshoe Lane, Romford RM5 2AP

Semi-detached house, Freehold, 5 Beds, 2 Baths, 2 Receps - Edit
Zoopla Estimate: £447,000

Value data/graphs

Estimate feedback

  • Zoopla Estimate

    £447,000
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  • Value change
    14,900 (3.4%) 23,850 (5.6%) 50,050 (12.6%) 97,300 (27.8%) 139,100 (45.2%) 159,100 (55.3%) 164,200 (58.1%)  
    from 
  • Rental value
    £1,700 pcm
  • Confidence level
    78
  • Value range
    £411,000 - £483,000
  • Rental range
    £1,550 - £1,850 pcm

Monthly running costs Beta

£1,303 Monthly total
Remortgage
Property value
Loan amount (60%) 268,200
Repayment term 25
Interest rate 0.5
Your payment £951 /mo Find remortgage deals In partnership with
Remortgage costs explained

The initial estimated monthly remortgage payment is calculated using a loan to value of 60% of the current value of a property, a term of 25 years, and a representative interest rate.

It is important to note that the mortgage repayments figure shown is only intended as a guide.

Ensure mortgage lenders are consulted to obtain an accurate quote. We do not accept any responsibility for any inaccuracies or errors in this regard.

Home Insurance Rebuild value up to £180,000 Contents value up to £40,000 Average insurance cost £18/mo (£222/yr)
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Home insurance costs explained

Home Insurance is based on the average price of a building and contents quote for a property in this area in the last 48 months.

Source: Autonet Insurance Ltd

Energy Gas £81 Electricity £68 Estimated energy cost £149/mo (£1,777/yr)

Reduce your energy costs by up to £364/year

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Energy costs explained

The estimated energy cost for this property has been calculated using actual energy usage data for a property of this type, number of bedrooms and region.

Estimated consumption

Gas: 23000 kWh/year
Electricity: 5500 kWh/year

Source: National Energy Efficiency Data Framework

Council Tax

Local authority

Havering

Estimated tax band E Council tax cost £185 /mo
when paid over 10 months
Council tax costs explained

The Council Tax cost displayed is based on the council tax band and on the basis of 2 adults living at the property. The monthly cost shown excludes any discounts and is rounded to the nearest pound.

Full information on Council Tax discount entitlements can be found on the Gov.UK’s website.

Public info

Property type: Semi-detached house | Tenure: Freehold | Last sale: £84,500 | Sale date: 6th Feb 1996

This 5 bed freehold semi-detached house is located at 48 Lowshoe Lane, Romford RM5 2AP and has an estimated current value of £447,000. Lowshoe Lane has 84 houses and flats on it with a average current value of £358,765, compared to an average property value of £348,027 for RM5. There have been 20 property sales on Lowshoe Lane, RM5 over the last 5 years with an average house price paid of £275,899 and this semi-detached house was last sold on 6th Feb 1996 for £84,500. There are currently 55 houses and flats for sale in RM5 with an average asking price of £361,891 and 29 homes to rent in RM5 with an average asking rent of £262 pw.

Owner info

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Market activity
Average price paid £331,394 Sales 221 Current average value £348,027 (Zoopla Zed-Index) Value change £39,377 ▲ 12.76%

What is the current average value of properties in RM5?

The current average value in RM5 in December 2016 is £348,027. This has increased 3.58% from September 2016. Terraced properties sold for a current average value of £331,919 and semi-detached properties valued £368,075. In the past year property prices in RM5 have increased 12.76%. This is according to the current Zoopla estimates.

Property value data/graphs for RM5

Property type Avg. current value Avg. £ per sq ft. Avg. # beds Avg. £ paid (last 12m)
Detached £481,115 £372 3.2 £426,461
Semi-detached £368,075 £349 3.2 £366,381
Terraced £331,919 £357 3.1 £328,359
Flats £218,828 £326 1.9 £206,124

Current asking prices in RM5

Average: £368,055
Avg. current asking prices in RM5
Property type 1 bed 2 beds 3 beds 4 beds 5 beds
Houses £275,000
(1)
£371,667
(9)
£355,000
(27)
£465,000
(10)
£500,000
(2)
Flats - £243,749
(4)
- - -
All £275,000
(1)
£332,307
(13)
£355,000
(27)
£465,000
(10)
£500,000
(2)

Current asking rents in RM5

Average: £1,114 pcm
Avg. current asking prices in RM5
Property type 1 bed 2 beds 3 beds 4 beds 5 beds
Houses £460 pcm
(5)
- £1,389 pcm
(11)
£1,798 pcm
(1)
£1,798 pcm
(1)
Flats £589 pcm
(7)
£1,050 pcm
(4)
£1,226 pcm
(2)
- -
All £536 pcm
(12)
£1,050 pcm
(4)
£1,364 pcm
(13)
£1,798 pcm
(1)
£1,798 pcm
(1)

Fun facts for RM5

Highest value in RM5
Highest value streets Zed-Index
Hamlet Road £507,801
Litten Close £490,842
Hog Hill Road £427,973
Ascension Road £418,644
Burland Road £417,306
Highest turnover in RM5
Highest turnover streets Turnover
Taylor Close 37.5%
Wilton Drive 36.8%
Hamlet Road 35.7%
Melville Road 35.0%
Irons Way 34.4%

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