Old Mill Parade - RM1 2HU
Key Street Insights
Old Mill Parade is a residential street with 5 addresses.
It ranks as the 18th largest and 8th most expensive of the 194 streets in the RM1 area. The most common property type is a modern flat built after 1980.
The street contains a total of 5 properties: 4 flats and 1 other property.
- Ave. Sale Price
- £216,487
- 10 Year change
- up 8.2%
- Ave. Rental Price
- £1,212pcm
- 10 Year change
- up 35.3%
- Ave. £ per ft²
- £459/ft²
- Ave. Gross Yield
- 6.7%/year/yr
Key Street Insights
Old Mill Parade is a residential street with 5 addresses.
It ranks as the 18th largest and 8th most expensive of the 194 streets in the RM1 area. The most common property type is a modern flat built after 1980.
The street contains a total of 5 properties: 4 flats and 1 other property.
- Ave. Sale Price
- £216,487
- 10 Year change
- up 8.2%
- Ave. Rental Price
- £1,212pcm
- 10 Year change
- up 35.3%
- Ave. £ per ft²
- £459/ft²
- Ave. Gross Yield
- 6.7%/year/yr
Explore Properties on Old Mill Parade, Romford, RM1
- 1 Old Mill Parade
Building  |  4 Flats
Sales Market Trends
The last sale on Old Mill Parade sold for £391,000 on 24th May 2024. Since then prices are down an average of 0.0%.
The current average value in the street is £216,487.
The Old Mill Parade Sales Market has increased by 8.2% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 0.5% | £216,487 |
| June 2025 | 1.3% | £215,328 |
| June 2024 | 1.5% | £212,629 |
| June 2023 | -1.9% | £209,417 |
| June 2022 | 4.9% | £213,471 |
| June 2021 | 2.3% | £203,419 |
| June 2020 | 1% | £198,864 |
| June 2019 | -2.7% | £196,913 |
| June 2018 | -1.6% | £202,413 |
| June 2017 | 2.8% | £205,618 |
| June 2016 | 20.6% | £200,101 |
| June 2015 | 12.4% | £165,879 |
| June 2014 | 10.7% | £147,587 |
| June 2013 | 3.2% | £133,298 |
| June 2012 | -2.3% | £129,187 |
| June 2011 | -0.2% | £132,210 |
| June 2010 | 5% | £132,495 |
| June 2009 | -14.6% | £126,217 |
| June 2008 | 1.1% | £147,741 |
| June 2007 | 0% | £146,138 |
Rental Market Trends
The current average rental value in the street is £1,212.
The Old Mill Parade Rental Market has increased by 35.3% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 3.3% | £1,212pcm |
| June 2025 | 0.2% | £1,173pcm |
| June 2024 | 12.1% | £1,171pcm |
| June 2023 | 14% | £1,044pcm |
| June 2022 | 3.2% | £916pcm |
| June 2021 | 1.4% | £887pcm |
| June 2020 | 2.3% | £875pcm |
| June 2019 | -0.7% | £855pcm |
| June 2018 | -3.5% | £861pcm |
| June 2017 | -0.3% | £892pcm |
| June 2016 | 8% | £895pcm |
| June 2015 | 9.7% | £829pcm |
| June 2014 | 3.3% | £755pcm |
| June 2013 | 5% | £731pcm |
| June 2012 | -0.6% | £696pcm |
| June 2011 | 4.2% | £700pcm |
| June 2010 | 2.5% | £672pcm |
| June 2009 | -6.9% | £655pcm |
| June 2008 | 9.1% | £704pcm |
| June 2007 | 0% | £645pcm |
Sales History
The last recorded sale was on 24th May 2024 for £391,000 and since then the market in the area has remained stable.
Old Mill Parade, Romford, RM1 has had 3 sales since 1995, with 1 in the last three years and none in the last twelve months.
- Sold May 2024£391,000 | 1 Bed FlatFlat 3, 1, Old Mill Parade, Romford, RM1 2HUFlat 3, 1, Old Mill Parade, Romford, RM1 2HU
- Sold Jul 2018£5,500 | 2 Bed FlatFlat 2, 1, Old Mill Parade, Romford, RM1 2HUFlat 2, 1, Old Mill Parade, Romford, RM1 2HU
- Sold Jan 2016£35,000 | 2 Bed FlatFlat 4, 1, Old Mill Parade, Romford, RM1 2HUFlat 4, 1, Old Mill Parade, Romford, RM1 2HU
Top 3 Most Expensive Sales
- Sold May 2024£391,000 | 1 Bed FlatFlat 3, 1, Old Mill Parade, Romford, RM1 2HUFlat 3, 1, Old Mill Parade, Romford, RM1 2HU
- Sold Apr 2005£210,000 | 1 Bed FlatFlat 3, 1, Old Mill Parade, Romford, RM1 2HUFlat 3, 1, Old Mill Parade, Romford, RM1 2HU
- Sold Sep 2003£80,000 | 2 Bed FlatFlat 4, 1, Old Mill Parade, Romford, RM1 2HUFlat 4, 1, Old Mill Parade, Romford, RM1 2HU
Nearby Streets
Old Mill Parade, Romford, RM1 is the 18th largest and the 8th most expensive street in the RM1 area.
- Station Chambers, Romford, RM11 Address|10 m away
- Station Parade, Romford, RM132 Addresses|53 m away
- Kingsmead Avenue, Romford, RM155 Addresses|105 m away
- The Battis, Romford, RM11 Address|126 m away
- Alexandra Road, Romford, RM137 Addresses|137 m away
- Hearn Road, Romford, RM114 Addresses|146 m away
Property Types
- 4 modern flats built after 1980
- 1 other address of unknown type
- modern flat (4)
- Unknown (1)
Energy Efficiency
- Energy Performance Certificate (EPC) surveys have been conducted for 4 properties.
- The most common rating is C.
- A (0)
- E (0)
- B (0)
- F (0)
- C (4)
- G (0)
- D (0)
- No EPC (1)
Schools Nearby
- Concordia Academy600 m away
- The Mawney Foundation School900 m away
- Hylands Primary School900 m away
- The Frances Bardsley Academy for Girls1.0 km away
- Marshalls Park Academy1.7 km away
- Hornchurch High School2.1 km away
More reading links
Public Transport Nearby
The closest station to Old Mill Parade, Romford, RM1 - RM1 2HU is Romford station, which is 0 metres away.
- Romford|100 m away
- Gidea Park|1.7 km away