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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
    1,800 (0.7%) 4,400 (1.6%) 1,100 (0.4%) 38,350 (16.0%) 60,050 (27.5%) 87,900 (46.2%) 97,650 (54.1%)  
    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

£908 Monthly total
Remortgage
Property value
Loan amount (60% LTV)
Repayment term 25
Product Term 2 years
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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 of 1.5%.

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)

Similar properties could save up to £292

  • You could save £292/yr
  • You could save £276/yr
  • You could save £266/yr
How Much Could I Save? In partnership with uSwitch
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 £142 /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 £346,843, compared to an average property value of £337,607 for RM5. There have been 20 property sales on Lowshoe Lane, RM5 over the last 5 years with an average house price paid of £294,899 and this terraced house was last sold on 11th Jun 2010 for £180,000. There are currently 58 properties for sale in RM5 with an average asking price of £397,758 and 17 properties to rent in RM5 with an average asking rent of £329 pw.

Owner info

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Market activity
Average price paid £344,658 Sales 218 Current average value £337,607 (Zoopla Zed-Index) Value change -£2,482 ▼ -0.73%

Property value data/graphs for RM5

Property type Avg. current value Avg. £ per sq ft. Avg. # beds Avg. £ paid (last 12m)
Detached £461,717 £355 3.2 £419,041
Semi-detached £357,477 £342 3.2 £374,038
Terraced £322,302 £348 3.1 £328,681
Flats £211,366 £322 1.9 £216,658

Current asking prices in RM5

Average: £397,758
Avg. current asking prices in RM5
Property type 1 bed 2 beds 3 beds 4 beds 5 beds
Houses - £346,667
(3)
£374,224
(29)
£483,892
(14)
£600,000
(4)
Flats - £247,571
(7)
£270,000
(1)
- -
All - £277,300
(10)
£370,750
(30)
£483,892
(14)
£600,000
(4)

Current asking rents in RM5

Average: £1,425 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
(6)
£1,774 pcm
(2)
£1,767 pcm
(3)
Flats £849 pcm
(1)
£1,083 pcm
(3)
£1,499 pcm
(1)
- -
All £849 pcm
(1)
£1,138 pcm
(4)
£1,425 pcm
(7)
£1,774 pcm
(2)
£1,767 pcm
(3)

Fun facts for RM5

Highest value in RM5
Highest value streets Zed-Index
Hamlet Road £489,217
Litten Close £474,230
Hog Hill Road £414,335
Ascension Road £406,702
Lawns Way £406,479
Highest turnover in RM5
Highest turnover streets Turnover
Irons Way 34.4%
Wilton Drive 34.2%
Playfield Avenue 31.9%
Taylor Close 31.2%
Hamlet Road 31.0%

What Zoopla users think of Romford

Overall rating:

  • currently 4 stars
Very good - 82% (226 ratings)

Ratings breakdown:

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Local info for Havering

About the neighbours in RM5

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