Penzance Road - RM3 9NR
Key Street Insights
Penzance Road is a residential street with 37 addresses.
It ranks as the 294th largest and 323rd most expensive of the 470 streets in the RM3 area. The most common property type is a mid-century house built between 1936 and 1979.
The street contains a total of 37 properties: 26 houses and 11 other properties.
- Ave. Sale Price
- £433,609
- 10 Year change
- up 33.0%
- Ave. Rental Price
- £2,152pcm
- 10 Year change
- up 55.4%
- Ave. £ per ft²
- £451/ft²
- Ave. Gross Yield
- 6.0%/year/yr
Key Street Insights
Penzance Road is a residential street with 37 addresses.
It ranks as the 294th largest and 323rd most expensive of the 470 streets in the RM3 area. The most common property type is a mid-century house built between 1936 and 1979.
The street contains a total of 37 properties: 26 houses and 11 other properties.
- Ave. Sale Price
- £433,609
- 10 Year change
- up 33.0%
- Ave. Rental Price
- £2,152pcm
- 10 Year change
- up 55.4%
- Ave. £ per ft²
- £451/ft²
- Ave. Gross Yield
- 6.0%/year/yr
Explore Properties on Penzance Road, Romford, RM3
- 1 Penzance Road
3 Bed Early-century House
- 2 Penzance Road
House
- 3 Penzance Road
House
- 4 Penzance Road
3 Bed Mid-century House
- 5 Penzance Road
3 Bed Mid-century House
Sales Market Trends
The last sale on Penzance Road sold for £425,000 on 21st July 2025. Since then prices are up an average of 0.3%.
The current average value in the street is £433,609.
The Penzance Road Sales Market has increased by 33.0% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 0.8% | £433,609 |
| June 2025 | 2.7% | £430,260 |
| June 2024 | -1.6% | £419,063 |
| June 2023 | 0.6% | £425,757 |
| June 2022 | 12.1% | £423,066 |
| June 2021 | 4.4% | £377,439 |
| June 2020 | 1.7% | £361,536 |
| June 2019 | 0.1% | £355,327 |
| June 2018 | 1.8% | £354,847 |
| June 2017 | 7% | £348,733 |
| June 2016 | 17.9% | £325,988 |
| June 2015 | 14.3% | £276,479 |
| June 2014 | 14.8% | £241,840 |
| June 2013 | 4.3% | £210,740 |
| June 2012 | 1.6% | £201,980 |
| June 2011 | -1.7% | £198,836 |
| June 2010 | 10.5% | £202,321 |
| June 2009 | -12.6% | £183,146 |
| June 2008 | 1% | £209,619 |
| June 2007 | 0% | £207,593 |
Rental Market Trends
The current average rental value in the street is £2,152.
The Penzance Road Rental Market has increased by 55.4% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 3.3% | £2,152pcm |
| June 2025 | 5.9% | £2,082pcm |
| June 2024 | 7.5% | £1,966pcm |
| June 2023 | 11.1% | £1,829pcm |
| June 2022 | 8.6% | £1,646pcm |
| June 2021 | 4.3% | £1,516pcm |
| June 2020 | 2.1% | £1,453pcm |
| June 2019 | 1.5% | £1,423pcm |
| June 2018 | 0% | £1,401pcm |
| June 2017 | 1.2% | £1,401pcm |
| June 2016 | 7.7% | £1,385pcm |
| June 2015 | 8% | £1,285pcm |
| June 2014 | 6% | £1,191pcm |
| June 2013 | 2.2% | £1,123pcm |
| June 2012 | 5% | £1,099pcm |
| June 2011 | 4.4% | £1,046pcm |
| June 2010 | 8.6% | £1,002pcm |
| June 2009 | -3.4% | £923pcm |
| June 2008 | 6.7% | £955pcm |
| June 2007 | 0% | £895pcm |
Sales History
The last recorded sale was on 21st July 2025 for £425,000 and since then the market in the area has increased by 0.3%.
Penzance Road, Romford, RM3 has had 3 sales since 1995, with 3 in the last three years and none in the last twelve months.
- Sold Jul 2025£425,000 | 3 Bed House8, Penzance Road, Romford, RM3 9NR8, Penzance Road, Romford, RM3 9NR
- Sold Mar 2025£365,000 | 3 Bed House9, Penzance Road, Romford, RM3 9NR9, Penzance Road, Romford, RM3 9NR
- Sold Jan 2025£530,000 | 4 Bed House29, Penzance Road, Romford, RM3 9NR29, Penzance Road, Romford, RM3 9NR
Top 3 Most Expensive Sales
- Sold Jan 2025£530,000 | 4 Bed House29, Penzance Road, Romford, RM3 9NR29, Penzance Road, Romford, RM3 9NR
- Sold Jan 2025£480,000 | 4 Bed House35, Penzance Road, Romford, RM3 9NR35, Penzance Road, Romford, RM3 9NR
- Sold Jul 2025£425,000 | 3 Bed House8, Penzance Road, Romford, RM3 9NR8, Penzance Road, Romford, RM3 9NR
Nearby Streets
Penzance Road, Romford, RM3 is the 294th largest and the 323rd most expensive street in the RM3 area.
- Retford Close, Romford, RM334 Addresses|64 m away
- Penzance Gardens, Romford, RM339 Addresses|97 m away
- Penrith Road, Romford, RM389 Addresses|148 m away
- Retford Road, Romford, RM3133 Addresses|164 m away
- St. Neots Road, Romford, RM378 Addresses|178 m away
- Retford Path, Romford, RM318 Addresses|186 m away
Property Types
- 1 modern house built after 1980
- 22 mid-century houses built between 1936 and 1979
- 1 house of an unknown age
- 2 early-century houses built between 1912 and 1935
- 11 other addresses of unknown type
- modern house (1)
- mid-century house (22)
- house (1)
- early-century house (2)
- Unknown (11)
Energy Efficiency
- Energy Performance Certificate (EPC) surveys have been conducted for 25 properties.
- The most common rating is C.
- A (0)
- E (0)
- B (0)
- F (1)
- C (13)
- G (0)
- D (11)
- No EPC (12)
Schools Nearby
- Harold Court Primary School400 m away
- Mead Primary School500 m away
- Drapers' Pyrgo Priory School900 m away
- Drapers' Academy800 m away
- Redden Court School1.8 km away
- The Campion School2.3 km away
More reading links
Public Transport Nearby
The closest station to Penzance Road, Romford, RM3 - RM3 9NR is Harold Wood station, which is 1.0 kilometres away.
- Harold Wood|1.0 km away
- Gidea Park|3.2 km away
- Emerson Park|3.9 km away
