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Peel Way is a residential street with 14 addresses.
It ranks as the 158th largest and 374th most expensive of the 470 streets in the RM3 area. The dominant property type is a mid-century house built between 1936 and 1979.
The street contains a total of 14 properties: 14 houses.
Peel Way is a residential street with 14 addresses.
It ranks as the 158th largest and 374th most expensive of the 470 streets in the RM3 area. The dominant property type is a mid-century house built between 1936 and 1979.
The street contains a total of 14 properties: 14 houses.
Sale prices range from £437,768 for 3 bedroom freehold houses with a garden (828 ft2) to £866,352 for 5 bedroom freehold houses with a garden (2,798 ft2) .
Monthly rental prices range from £1,979 pcm for 3 bed houses to £3,566 pcm for 5 bed houses.
The gross rental yield is between 4.9% and 5.4%.
The average value per square foot is £501.
The last sale on Peel Way sold for £450,000 on 29th June 2023. Since then prices are up an average of 1.7%.
The current average value in the street is £541,387.
The Peel Way Sales Market has increased by 30.4% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| May 2026 | 0.5% | £541,387 |
| May 2025 | 2.1% | £538,889 |
| May 2024 | -1.1% | £527,875 |
| May 2023 | 0.7% | £533,989 |
| May 2022 | 10% | £530,389 |
| May 2021 | 4.2% | £482,203 |
| May 2020 | 1.2% | £462,665 |
| May 2019 | 0.9% | £457,185 |
| May 2018 | 1.9% | £453,330 |
| May 2017 | 7.2% | £444,983 |
| May 2016 | 16% | £415,068 |
| May 2015 | 10.6% | £357,806 |
| May 2014 | 11.6% | £323,549 |
| May 2013 | 3% | £290,016 |
| May 2012 | -0.7% | £281,562 |
| May 2011 | 1.9% | £283,584 |
| May 2010 | 12.2% | £278,265 |
| May 2009 | -10.9% | £248,026 |
| May 2008 | 2.6% | £278,508 |
| May 2007 | 0% | £271,373 |
The current average rental value in the street is £2,349.
The Peel Way Rental Market has increased by 52.4% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| May 2026 | 1.9% | £2,349pcm |
| May 2025 | 4.6% | £2,305pcm |
| May 2024 | 8.5% | £2,203pcm |
| May 2023 | 11.3% | £2,030pcm |
| May 2022 | 7.9% | £1,823pcm |
| May 2021 | 4% | £1,690pcm |
| May 2020 | 2.4% | £1,625pcm |
| May 2019 | 1.7% | £1,586pcm |
| May 2018 | 0.5% | £1,560pcm |
| May 2017 | 0.7% | £1,552pcm |
| May 2016 | 6.5% | £1,541pcm |
| May 2015 | 6.2% | £1,447pcm |
| May 2014 | 4.6% | £1,362pcm |
| May 2013 | 1.7% | £1,302pcm |
| May 2012 | 3.8% | £1,280pcm |
| May 2011 | 6.2% | £1,233pcm |
| May 2010 | 8.8% | £1,161pcm |
| May 2009 | -1% | £1,067pcm |
| May 2008 | 6.3% | £1,077pcm |
| May 2007 | 0% | £1,013pcm |
The last sale was on 29th June 2023 for £450,000 and since then the market in the area has increased by 1.7%. The street has had a total of 15 sales since 1995.
Peel Way, Romford, RM3 has seen 1 sale in the last three years and no sales in the last twelve months.
Peel Way, Romford, RM3 is the 158th largest and the 374th most expensive street in the RM3 area.
There is 1 postcode on Peel Way, Romford, RM3.
The closest station to Peel Way, Romford, RM3 is Harold Wood station which is 200 metres away.
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The recent census recorded whether a resident owned or rented their home.
In the area around Peel Way, Romford, RM3, 48.1% of property is privately owned outright and 27.5% is privately owned with a mortgage.
The graph below shows how this compares to Greater London and the rest of England & Wales.
The recent census recorded the highest level of education achieved by residents in the local area.
In the area around Peel Way, Romford, RM3, 18.3% of residents are recorded as possessing school level qualifications and 24.3% as possessing degree level qualifications.
The graph below shows how this compares to Greater London and the rest of England & Wales.
The most recent census in 2021 recorded the age of all UK residents.
In the area around Peel Way, Romford, RM3, the average age was 39.5 and the most common age was 37.
The graph below shows how this compares to Greater London and the rest of England & Wales
The recent census recorded whether a property was a primary or secondary home for the resident.
In the area around Peel Way, Romford, RM3, 1.0% of property was a second home.
Comparison figures for Greater London and the rest of England & Wales are listed below.
The recent census recorded the number of cars registered in each household.
In the area around Peel Way, Romford, RM3, there are an average of 1.3 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.
According to recent data from Ofcom, superfast broadband is available in this area.
According to recent data from Ofcom, Superfast broadband is available in the area.
According to data from the Environment Agency, the flood risk in this area is considered to be very low.