Lucerne Way - RM3 8BS
Key Street Insights
Lucerne Way is a residential street with 66 addresses.
It ranks as the 379th largest and 108th 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 66 properties: 47 houses, 5 flats and 14 other properties.
- Ave. Sale Price
- £331,885
- 10 Year change
- up 26.5%
- Ave. Rental Price
- £1,888pcm
- 10 Year change
- up 47.9%
- Ave. £ per ft²
- £411/ft²
- Ave. Gross Yield
- 6.8%/year/yr
Key Street Insights
Lucerne Way is a residential street with 66 addresses.
It ranks as the 379th largest and 108th 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 66 properties: 47 houses, 5 flats and 14 other properties.
- Ave. Sale Price
- £331,885
- 10 Year change
- up 26.5%
- Ave. Rental Price
- £1,888pcm
- 10 Year change
- up 47.9%
- Ave. £ per ft²
- £411/ft²
- Ave. Gross Yield
- 6.8%/year/yr
Explore Properties on Lucerne Way, Romford, RM3
- 1 Lucerne Way
3 Bed Mid-century House
- 2 Lucerne Way
House
- 3 Lucerne Way
House
- 4 Lucerne Way
House
- 5 Lucerne Way
2 Bed Mid-century House
Sales Market Trends
The last sale on Lucerne Way sold for £370,000 on 3rd December 2024. Since then prices are up an average of 2.6%.
The current average value in the street is £331,885.
The Lucerne Way Sales Market has increased by 26.5% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 0.9% | £331,885 |
| June 2025 | 1.9% | £328,863 |
| June 2024 | -1% | £322,584 |
| June 2023 | 0.1% | £325,953 |
| June 2022 | 10.6% | £325,541 |
| June 2021 | 3.1% | £294,266 |
| June 2020 | 1.6% | £285,403 |
| June 2019 | -0.3% | £280,853 |
| June 2018 | 1% | £281,783 |
| June 2017 | 6.4% | £279,126 |
| June 2016 | 18.2% | £262,444 |
| June 2015 | 14.1% | £222,071 |
| June 2014 | 13.9% | £194,695 |
| June 2013 | 4.2% | £170,879 |
| June 2012 | 1% | £163,949 |
| June 2011 | -1.9% | £162,311 |
| June 2010 | 8.6% | £165,532 |
| June 2009 | -13.5% | £152,477 |
| June 2008 | 1.2% | £176,227 |
| June 2007 | 0% | £174,124 |
Rental Market Trends
The current average rental value in the street is £1,888.
The Lucerne Way Rental Market has increased by 47.9% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 3.4% | £1,888pcm |
| June 2025 | 5.1% | £1,825pcm |
| June 2024 | 7.9% | £1,736pcm |
| June 2023 | 10.9% | £1,609pcm |
| June 2022 | 7.2% | £1,451pcm |
| June 2021 | 2.9% | £1,353pcm |
| June 2020 | 2% | £1,315pcm |
| June 2019 | 1.1% | £1,289pcm |
| June 2018 | -0.7% | £1,275pcm |
| June 2017 | 0.6% | £1,284pcm |
| June 2016 | 7.9% | £1,277pcm |
| June 2015 | 7.8% | £1,183pcm |
| June 2014 | 5.5% | £1,097pcm |
| June 2013 | 2.2% | £1,040pcm |
| June 2012 | 4.4% | £1,018pcm |
| June 2011 | 4.1% | £975pcm |
| June 2010 | 6.6% | £936pcm |
| June 2009 | -4.3% | £878pcm |
| June 2008 | 6.9% | £918pcm |
| June 2007 | 0% | £858pcm |
Sales History
The last recorded sale was on 3rd December 2024 for £370,000 and since then the market in the area has increased by 2.6%.
Lucerne Way, Romford, RM3 has had 3 sales since 1995, with 3 in the last three years and none in the last twelve months.
- Sold Dec 2024£370,000 | 4 Bed House36, Lucerne Way, Romford, RM3 8BS36, Lucerne Way, Romford, RM3 8BS
- Sold Nov 2023£325,000 | 3 Bed House24, Lucerne Way, Romford, RM3 8BS24, Lucerne Way, Romford, RM3 8BS
- Sold Apr 2023£315,000 | 3 Bed House55, Lucerne Way, Romford, RM3 8BS55, Lucerne Way, Romford, RM3 8BS
Top 3 Most Expensive Sales
- Sold Dec 2024£370,000 | 4 Bed House36, Lucerne Way, Romford, RM3 8BS36, Lucerne Way, Romford, RM3 8BS
- Sold Oct 2022£340,000 | 3 Bed House16, Lucerne Way, Romford, RM3 8BS16, Lucerne Way, Romford, RM3 8BS
- Sold Feb 2022£335,000 | 3 Bed House50, Lucerne Way, Romford, RM3 8BS50, Lucerne Way, Romford, RM3 8BS
Nearby Streets
Lucerne Way, Romford, RM3 is the 379th largest and the 108th most expensive street in the RM3 area.
- Pimpernel Way, Romford, RM328 Addresses|86 m away
- Cloudberry Road, Romford, RM313 Addresses|89 m away
- Rahman Close, Romford, RM32 Addresses|136 m away
- Harebell Way, Romford, RM352 Addresses|139 m away
- Tulip Close, Romford, RM325 Addresses|152 m away
- Jenny Path, Romford, RM322 Addresses|155 m away
Property Types
- 6 modern houses built after 1980
- 41 mid-century houses built between 1936 and 1979
- 5 mid-century flats built between 1936 and 1979
- 14 other addresses of unknown type
- modern house (6)
- mid-century house (41)
- mid-century flat (5)
- Unknown (14)
Energy Efficiency
- Energy Performance Certificate (EPC) surveys have been conducted for 52 properties.
- The most common rating is D.
- A (0)
- E (4)
- B (5)
- F (0)
- C (15)
- G (0)
- D (28)
- No EPC (14)
Schools Nearby
- Broadford Primary School300 m away
- Hilldene Primary School700 m away
- St Ursula's Catholic Primary School700 m away
- Drapers' Academy1.8 km away
- The Royal Liberty School1.9 km away
- Redden Court School2.0 km away
More reading links
Public Transport Nearby
The closest station to Lucerne Way, Romford, RM3 - RM3 8BS is Harold Wood station, which is 1.5 kilometres away.
- Harold Wood|1.5 km away
- Gidea Park|2.4 km away
- Emerson Park|3.7 km away
