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According to the public record, 1, Cornflower Way, Romford is a modern freehold house with 398 ft2 of internal area and sits on a 80.6 m2 plot.
Houses of this size in this area normally have 2 bedrooms with a garden.
Based on available information, and assuming reasonable condition, the estimated sale value for 1, Cornflower Way, Romford is £300,179 and the estimated rental value is £1,397 per month.
Cornflower Way, Romford, RM3 is located in the borough of Havering within the RM3 postal district.
1, Cornflower Way, Romford has 31 entries in the Land Registry , most recently in October 2022 and a single entry in the EPC database dated August 2012.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 3 out of 5 and is considered of medium accuracy.
Decorative condition can have a big effect on a property's value and this effect varies depending on the type, size and location of the property.
If 1, Cornflower Way, Romford is in very good condition we estimate a sale value of £315,188 and a rental value of £1,467 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £279,167 and a rental value of £1,299 per month.
Over the last 12 months the sale value of 1 Cornflower Way Romford has increased by an estimated £9,681 (3.2%) and its rental value has increased by an estimated £67 per month (4.8%), giving an expected gross yield of 5.6%.
According to data from HM Land Registry, 1, Cornflower Way, Romford sits on a plot of 81m2.
We have plot size data on 19 out of 23 other houses in the postcode and 1, Cornflower Way, Romford sits on the 17th largest plot.
1, Cornflower Way, Romford has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 04 Aug 2012.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Electric storage heaters.
According to HM Land Registry, 1, Cornflower Way, Romford was last sold on 14th October 2022 for £275,000 and was recorded as a freehold house.
The property has had 3 sales since 1995.
Since October 2022, the market for similar properties has dropped 16.7%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 1, Cornflower Way, Romford within a radius of 550 metres over the last 2 years.
The most recent example is 15, Columbine Way, Romford, RM3 0XN, a freehold house which sold for £227,500 on the 5th November 2024.
Read more about house prices in RM3.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Cornflower Way, Romford, RM3 has a total of 37 addresses. According to our analysis of all the public data, 1, Cornflower Way, Romford is the 30th largest and the 16th most expensive property on the street.
When compared to the postcode district it is £85k less expensive than the average property in RM3.
The nearest school is Broadford Primary School which is 800 metres away. The nearest train station is Harold Wood which is 700 metres away.
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