Wallace Way - RM1 4TG
Key Street Insights
Wallace Way is a residential street with 24 addresses.
It ranks as the 86th largest and 141st most expensive of the 194 streets in the RM1 area. The most common property type is a modern house built after 1980.
The street contains a total of 24 properties: 16 houses and 8 other properties.
- Ave. Sale Price
- £627,825
- 10 Year change
- up 27.3%
- Ave. Rental Price
- £3,074pcm
- 10 Year change
- up 49.9%
- Ave. £ per ft²
- £379/ft²
- Ave. Gross Yield
- 5.9%/year/yr
Key Street Insights
Wallace Way is a residential street with 24 addresses.
It ranks as the 86th largest and 141st most expensive of the 194 streets in the RM1 area. The most common property type is a modern house built after 1980.
The street contains a total of 24 properties: 16 houses and 8 other properties.
- Ave. Sale Price
- £627,825
- 10 Year change
- up 27.3%
- Ave. Rental Price
- £3,074pcm
- 10 Year change
- up 49.9%
- Ave. £ per ft²
- £379/ft²
- Ave. Gross Yield
- 5.9%/year/yr
Explore Properties on Wallace Way, Romford, RM1
- 1 Wallace Way
4 Bed Modern House
- 2 Wallace Way
House
- 3 Wallace Way
4 Bed Modern House
- 4 Wallace Way
House
- 5 Wallace Way
House
Sales Market Trends
The last sale on Wallace Way sold for £525,000 on 30th January 2026. Since then prices are down an average of 1.0%.
The current average value in the street is £627,825.
The Wallace Way Sales Market has increased by 27.3% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | -0.5% | £627,825 |
| June 2025 | 2.2% | £631,073 |
| June 2024 | -0.4% | £617,210 |
| June 2023 | -0.6% | £619,471 |
| June 2022 | 11% | £623,121 |
| June 2021 | 5.7% | £561,150 |
| June 2020 | 2.2% | £530,923 |
| June 2019 | 1% | £519,625 |
| June 2018 | 0.3% | £514,261 |
| June 2017 | 4% | £512,909 |
| June 2016 | 16.9% | £493,304 |
| June 2015 | 11.2% | £421,960 |
| June 2014 | 12.6% | £379,479 |
| June 2013 | 2.9% | £337,031 |
| June 2012 | 1.4% | £327,650 |
| June 2011 | 0.9% | £323,012 |
| June 2010 | 10.9% | £320,221 |
| June 2009 | -10.5% | £288,715 |
| June 2008 | 0.4% | £322,503 |
| June 2007 | 0% | £321,371 |
Rental Market Trends
The current average rental value in the street is £3,074.
The Wallace Way Rental Market has increased by 49.9% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 1.9% | £3,074pcm |
| June 2025 | 4.3% | £3,017pcm |
| June 2024 | 6.8% | £2,893pcm |
| June 2023 | 15.3% | £2,709pcm |
| June 2022 | 7.9% | £2,349pcm |
| June 2021 | 2% | £2,177pcm |
| June 2020 | 2.7% | £2,134pcm |
| June 2019 | 2.3% | £2,078pcm |
| June 2018 | 0.1% | £2,032pcm |
| June 2017 | -1% | £2,029pcm |
| June 2016 | 5.8% | £2,051pcm |
| June 2015 | 6.4% | £1,938pcm |
| June 2014 | 7.5% | £1,821pcm |
| June 2013 | 4.6% | £1,694pcm |
| June 2012 | 3.2% | £1,620pcm |
| June 2011 | 7.8% | £1,570pcm |
| June 2010 | 6.9% | £1,457pcm |
| June 2009 | -2.8% | £1,362pcm |
| June 2008 | 7.6% | £1,401pcm |
| June 2007 | 0% | £1,302pcm |
Sales History
The last recorded sale was on 30th January 2026 for £525,000 and since then the market in the area has decreased by 1.0%.
Wallace Way, Romford, RM1 has had 3 sales since 1995, with 3 in the last three years and 1 in the last twelve months.
- Sold Jan 2026£525,000 | 4 Bed House3, Wallace Way, Romford, RM1 4TG3, Wallace Way, Romford, RM1 4TG
- Sold Mar 2025£532,000 | 4 Bed House7, Wallace Way, Romford, RM1 4TG7, Wallace Way, Romford, RM1 4TG
- Sold Feb 2024£480,000 | 4 Bed House1, Wallace Way, Romford, RM1 4TG1, Wallace Way, Romford, RM1 4TG
Top 3 Most Expensive Sales
- Sold Dec 2018£685,000 | 5 Bed House14, Wallace Way, Romford, RM1 4TG14, Wallace Way, Romford, RM1 4TG
- Sold Aug 2022£666,000 | 4 Bed House20, Wallace Way, Romford, RM1 4TG20, Wallace Way, Romford, RM1 4TG
- Sold Mar 2025£532,000 | 4 Bed House7, Wallace Way, Romford, RM1 4TG7, Wallace Way, Romford, RM1 4TG
Nearby Streets
Wallace Way, Romford, RM1 is the 86th largest and the 141st most expensive street in the RM1 area.
- Wood View Mews, Romford, RM17 Addresses|92 m away
- Ayr Green, Romford, RM110 Addresses|160 m away
- Moray Way, Romford, RM160 Addresses|174 m away
- Tweed Glen, Romford, RM114 Addresses|206 m away
- Annan Way, Romford, RM16 Addresses|229 m away
- Ayr Way, Romford, RM163 Addresses|230 m away
Property Types
- 15 modern houses built after 1980
- 1 house of an unknown age
- 8 other addresses of unknown type
- modern house (15)
- house (1)
- Unknown (8)
Energy Efficiency
- Energy Performance Certificate (EPC) surveys have been conducted for 15 properties.
- The most common rating is C.
- A (0)
- E (0)
- B (0)
- F (0)
- C (15)
- G (0)
- D (0)
- No EPC (9)
Schools Nearby
- Rise Park Junior School200 m away
- Rise Park Infant School200 m away
- Clockhouse Primary School1.0 km away
- Bower Park Academy900 m away
- Marshalls Park Academy1.0 km away
- The Royal Liberty School2.7 km away
More reading links
Public Transport Nearby
The closest station to Wallace Way, Romford, RM1 - RM1 4TG is Romford station, which is 2.6 kilometres away.
- Romford|2.6 km away
- Gidea Park|2.7 km away