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Property details for 7 Lowshoe Lane, Romford RM5 2AA

Terraced house, Freehold - Edit
Zoopla Estimate: £278,000

Value data/graphs

Estimate feedback

  • Zoopla Estimate

    £278,000
    Refine estimate

  • Value change
    5,350 (2.0%) 7,000 (2.6%) 5,650 (2.1%) 44,950 (19.3%) 68,450 (32.7%) 93,550 (50.7%) 98,700 (55.1%)  
    from 
  • Rental value
    £1,000 pcm
  • Confidence level
    95
  • Value range
    £263,000 - £293,000
  • Rental range
    £900 - £1,100 pcm

Monthly running costs Beta

£825 Monthly total
Remortgage
Average property value
Loan amount (60%) 166,800
Repayment term 25
Interest rate 0.5
Your payment £591 /mo Find remortgage deals In partnership with uSwitch
Average property value

The average property value derives from the Zoopla Estimate, which is our assessment of the current market value of a property according to the value of other properties in the area. Our data may be incomplete or inaccurate. Learn more

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 £46 Electricity £53 Estimated energy cost £99/mo (£1,189/yr)

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Energy costs explained

The estimated energy cost for this property is based on an average energy consumption of properties in this region.

Estimated consumption

Gas: 11800 kWh/year
Electricity: 3600 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 £278,000. Lowshoe Lane has 84 houses and flats on it with a average current value of £348,719, compared to an average property value of £337,965 for RM5. There have been 19 property sales on Lowshoe Lane, RM5 over the last 5 years with an average house price paid of £290,420 and this terraced house was last sold on 11th Jun 2010 for £180,000. There are currently 69 properties for sale in RM5 with an average asking price of £402,905 and 9 properties to rent in RM5 with an average asking rent of £338 pw.

Owner info

As the owner of a home, you may claim it on Zoopla to edit your home facts, set a TemptMe Price and more...

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Market activity
Average price paid £340,395 Sales 211 Current average value £337,965 (Zoopla Zed-Index) Value change £4,666 ▲ 1.40%

Property value data/graphs for RM5

Property type Avg. current value Avg. £ per sq ft. Avg. # beds Avg. £ paid (last 12m)
Detached £461,278 £357 3.2 £397,023
Semi-detached £359,103 £344 3.2 £375,223
Terraced £321,549 £349 3.1 £328,623
Flats £211,313 £323 1.9 £212,519

Current asking prices in RM5

Average: £403,683
Avg. current asking prices in RM5
Property type 1 bed 2 beds 3 beds 4 beds 5 beds
Houses - £381,429
(7)
£393,676
(34)
£482,718
(16)
£575,000
(3)
Flats £195,000
(1)
£250,285
(7)
- - -
All £195,000
(1)
£315,857
(14)
£393,676
(34)
£482,718
(16)
£575,000
(3)

Current asking rents in RM5

Average: £1,467 pcm
Avg. current asking prices in RM5
Property type 1 bed 2 beds 3 beds 4 beds 5 beds
Houses - £1,300 pcm
(1)
£1,413 pcm
(2)
£1,650 pcm
(3)
£1,898 pcm
(1)
Flats £875 pcm
(1)
- £1,352 pcm
(1)
- -
All £875 pcm
(1)
£1,300 pcm
(1)
£1,392 pcm
(3)
£1,650 pcm
(3)
£1,898 pcm
(1)

Fun facts for RM5

Highest value in RM5
Highest value streets Zed-Index
Hamlet Road £489,164
Litten Close £475,618
Hog Hill Road £414,815
Lawns Way £407,328
Ascension Road £406,635
Highest turnover in RM5
Highest turnover streets Turnover
Taylor Close 37.5%
Irons Way 34.4%
Wilton Drive 31.6%
Hamlet Road 31.0%
Melville Road 30.0%

What Zoopla users think of Romford

Overall rating:

  • currently 4 stars
Very good - 82% (217 ratings)

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Local info for Havering

About the neighbours in RM5

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