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Property details for 7 Lowshoe Lane, Romford RM5 2AA

Terraced house, Freehold - Edit
Zoopla Estimate: £284,000

Value data/graphs

Estimate feedback

  • Zoopla Estimate

    £284,000
    Refine estimate

  • Value change
    9,950 (3.6%) 12,050 (4.4%) 31,000 (12.3%) 60,900 (27.3%) 88,100 (45.0%) 103,250 (57.2%) 105,300 (59.0%)  
    from 
  • Rental value
    £1,050 pcm
  • Confidence level
    96
  • Value range
    £269,000 - £299,000
  • Rental range
    £950 - £1,200 pcm

Monthly running costs Beta

£739 Monthly total
Remortgage
Property value
Loan amount (60%) 170,400
Repayment term 25
Interest rate 0.5
Your payment £604 /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.

Energy Gas -- Electricity -- Estimated energy cost --/mo (--/yr) Compare energy deals now In partnership with
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: unknown kWh/year
Electricity: unknown kWh/year

Source: National Energy Efficiency Data Framework

Council Tax

Local authority

Havering

Estimated tax band C Council tax cost £135 /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: Terraced house | Tenure: Freehold | Last sale: £180,000 | Sale date: 11th Jun 2010

This freehold terraced house is located at 7 Lowshoe Lane, Romford RM5 2AA and has an estimated current value of £284,000. 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 terraced house was last sold on 11th Jun 2010 for £180,000. There are currently 51 properties for sale in RM5 with an average asking price of £370,666 and 19 properties to rent in RM5 with an average asking rent of £295 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 £36,717 ▲ 11.79%

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 3.66% 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 11.79%. 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 £352 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: £377,499
Avg. current asking prices in RM5
Property type 1 bed 2 beds 3 beds 4 beds 5 beds
Houses - £370,833
(6)
£358,518
(27)
£473,636
(11)
£500,000
(2)
Flats - £238,332
(3)
- - -
All - £326,666
(9)
£358,518
(27)
£473,636
(11)
£500,000
(2)

Current asking rents in RM5

Average: £1,252 pcm
Avg. current asking prices in RM5
Property type 1 bed 2 beds 3 beds 4 beds 5 beds
Houses £550 pcm
(1)
- £1,387 pcm
(9)
- £1,798 pcm
(1)
Flats £726 pcm
(2)
£1,050 pcm
(4)
£1,352 pcm
(1)
- -
All £667 pcm
(3)
£1,050 pcm
(4)
£1,383 pcm
(10)
- £1,798 pcm
(1)

Fun facts for RM5

Highest value in RM5
Highest value streets Zed-Index
Hamlet Road £504,462
Litten Close £488,247
Hog Hill Road £424,901
Ascension Road £415,124
Burland Road £414,876
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%

What Zoopla users think of Romford

Overall rating:

  • currently 4 stars
Very good - 82% (197 ratings)

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Local info for Havering

About the neighbours in RM5

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