Philan Way - RM5 3YT
Key Street Insights
Philan Way is a residential street with 18 addresses.
It ranks as the 65th largest and 11th most expensive of the 172 streets in the RM5 area. The most common property type is a mid-century flat built between 1936 and 1979.
The street contains a total of 18 properties: 5 houses and 13 flats.
- Ave. Sale Price
- £317,710
- 10 Year change
- up 25.0%
- Ave. Rental Price
- £1,900pcm
- 10 Year change
- up 43.3%
- Ave. £ per ft²
- £395/ft²
- Ave. Gross Yield
- 7.2%/year/yr
Key Street Insights
Philan Way is a residential street with 18 addresses.
It ranks as the 65th largest and 11th most expensive of the 172 streets in the RM5 area. The most common property type is a mid-century flat built between 1936 and 1979.
The street contains a total of 18 properties: 5 houses and 13 flats.
- Ave. Sale Price
- £317,710
- 10 Year change
- up 25.0%
- Ave. Rental Price
- £1,900pcm
- 10 Year change
- up 43.3%
- Ave. £ per ft²
- £395/ft²
- Ave. Gross Yield
- 7.2%/year/yr
Explore Propertieson Philan Way, Romford, RM5
- 2 Philan Way
2 Bed Mid-century Flat
- 3 Philan Way
2 Bed Modern House
- 4 Philan Way
2 Bed Mid-century Flat
- 5 Philan Way
3 Bed Modern House
- 6 Philan Way
2 Bed Mid-century Flat
Sales Market Trends
The last sale on Philan Way sold for £577,000 on 1st December 2023. Since then prices are up an average of 3.0%.
The current average value in the street is £317,710.
The Philan Way Sales Market has increased by 25.0% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 0.3% | £317,710 |
| June 2025 | 1.9% | £316,783 |
| June 2024 | -0.7% | £310,896 |
| June 2023 | -0.6% | £313,006 |
| June 2022 | 11.4% | £314,949 |
| June 2021 | 5.3% | £282,798 |
| June 2020 | 2.4% | £268,623 |
| June 2019 | 1.1% | £262,303 |
| June 2018 | -0.9% | £259,570 |
| June 2017 | 3% | £261,843 |
| June 2016 | 18.2% | £254,150 |
| June 2015 | 13% | £215,029 |
| June 2014 | 14.2% | £190,303 |
| June 2013 | 2.2% | £166,697 |
| June 2012 | 3.6% | £163,150 |
| June 2011 | -1.1% | £157,477 |
| June 2010 | 7.8% | £159,284 |
| June 2009 | -12.9% | £147,813 |
| June 2008 | 0.9% | £169,641 |
| June 2007 | 0% | £168,169 |
Rental Market Trends
The current average rental value in the street is £1,900.
The Philan Way Rental Market has increased by 43.3% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 2.7% | £1,900pcm |
| June 2025 | 5.1% | £1,849pcm |
| June 2024 | 5.4% | £1,759pcm |
| June 2023 | 15.3% | £1,669pcm |
| June 2022 | 7.4% | £1,447pcm |
| June 2021 | 0.1% | £1,348pcm |
| June 2020 | 2.4% | £1,347pcm |
| June 2019 | 2% | £1,315pcm |
| June 2018 | -0.3% | £1,289pcm |
| June 2017 | -2.5% | £1,293pcm |
| June 2016 | 7.1% | £1,326pcm |
| June 2015 | 7.2% | £1,238pcm |
| June 2014 | 9.5% | £1,154pcm |
| June 2013 | 4.4% | £1,054pcm |
| June 2012 | 4.7% | £1,010pcm |
| June 2011 | 7.2% | £965pcm |
| June 2010 | 3.4% | £900pcm |
| June 2009 | -5.4% | £870pcm |
| June 2008 | 8.3% | £920pcm |
| June 2007 | 0% | £850pcm |
Sales History
The last sale was on 1st December 2023 for £577,000 and since then the market in the area has increased by 3.0%. The street has had a total of 30 sales since 1995.
Philan Way, Romford, RM5 has seen 1 sale in the last three years and no sales in the last twelve months.
- Sold Dec 2023£577,000 | 3 Bed House13, Philan Way, Romford, RM5 3YT13, Philan Way, Romford, RM5 3YT
- Sold Jun 2022£240,000 | 2 Bed Flat12, Philan Way, Romford, RM5 3YT12, Philan Way, Romford, RM5 3YT
- Sold Mar 2022£270,000 | 2 Bed Flat14, Philan Way, Romford, RM5 3YT14, Philan Way, Romford, RM5 3YT
- Sold Jun 2021£465,000 | 3 Bed House13, Philan Way, Romford, RM5 3YT13, Philan Way, Romford, RM5 3YT
- Sold Feb 2021£395,000 | 3 Bed House7, Philan Way, Romford, RM5 3YT7, Philan Way, Romford, RM5 3YT
Top 3 Most Expensive Sales
Nearby Streets
Philan Way, Romford, RM5 is the 65th largest and the 11th most expensive street in the RM5 area.
- Paceheath Close, Romford, RM57 Addresses|83 m away
- Bellevue Road, Romford, RM588 Addresses|114 m away
- Mount Pleasant Road, Romford, RM596 Addresses|163 m away
- Chase Cross Road, Romford, RM5246 Addresses|188 m away
- Ascension Road, Romford, RM584 Addresses|203 m away
- Cardiff Close, Romford, RM510 Addresses|222 m away
Property Types
- 3 modern houses built after 1980
- 1 mid-century house built between 1936 and 1979
- 10 mid-century flats built between 1936 and 1979
- 1 house of an unknown age
- 3 other addresses of unknown type
- modern house (3)
- mid-century house (1)
- mid-century flat (10)
- house (1)
- Unknown (3)
Energy Efficiency
- Energy Performance Certificate (EPC) surveys conducted for 14 properties.
- The most common rating is C.
- A (0)
- E (1)
- B (0)
- F (0)
- C (9)
- G (0)
- D (4)
- No EPC (4)
Schools Nearby
- Clockhouse Primary School600 m away
- Rise Park Junior School800 m away
- Rise Park Infant School800 m away
- Bower Park Academy600 m away
- Marshalls Park Academy1.6 km away
- The Royal Liberty School3.2 km away
More reading links
Public Transport Nearby
The closest station to Philan Way, Romford, RM5 - RM5 3YT is Romford station, which is 3.2 kilometres away.
- Romford|3.2 km away
- Gidea Park|3.3 km away
