1, Hall Terrace
1, Hall Terrace
Description & Estimates
1, Hall Terrace, Romford is recorded publicly as an early-century freehold house across 1,323 ft2 of internal area, sitting on a 243 m2 plot.
Locally, houses of this size normally have 4 bedrooms with a garden.
Our estimate of the sale value of 1, Hall Terrace, Romford is £510,816 and its rental estimate is £2,347 per month, given the available information and assuming reasonable condition.
Hall Terrace, Romford, RM3 falls within the RM3 postal district, in the borough of Havering.
Our Data Sources
1, Hall Terrace, Romford has a single entry in the Land Registry from April 2023 and a single entry in the EPC database dated June 2022.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 5 out of 5 and is considered of high accuracy.
Price Range & Condition
The condition of a property plays an important role in determining its value, with the degree of impact varying by property type, size and location.
For 1, Hall Terrace, Romford, we estimate a market value of £536,357 and a rental value of £2,465 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £475,059 and £2,183 per month respectively.
Recent Market Change
Over the last year, 1, Hall Terrace, Romford has seen its estimated sale value rise by £3,589 (0.7%) and its estimated rental value move up by £58 per month (2.5%). This results in an estimated gross rental yield of 5.5%.
Plot Size
HM Land Registry records the plot of land for 1, Hall Terrace, Romford as measuring 243 m2.
That makes it the 15th largest plot in the postcode, where all 21 other houses have recorded plot data.
Energy Efficiency
1, Hall Terrace, Romford has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 27 Jun 2022.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
Sold Prices
The most recent sale of 1, Hall Terrace, Romford completed on 12th April 2023 at £500,000 and was recorded by HM Land Registry as a freehold house.
Since 1995 this is the property's only sale.
Values of comparable properties have dropped by 14.1% over the period since April 2023.
- Sold Apr 2023£500,000
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to 1, Hall Terrace, Romford have sold within a radius of 530 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 19th August 2024, was 14, Retford Road, Romford, RM3 9LX, a freehold house which sold for £505,000.
Read more about house prices in RM3.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
More reading links
Location Comparison
Of the 21 addresses on Hall Terrace, Romford, RM3, 1, Hall Terrace, Romford comes out as the 4th largest and the 5th most expensive in our analysis of the public data.
It is also £126k more expensive than the average property across the RM3 district.
More reading links
Schools Nearby
- 200mHarold Court Primary School
- 700mMead Primary School
- 1.1kmDrapers' Pyrgo Priory School
- 1.0kmDrapers' Academy
- 1.6kmRedden Court School
- 2.1kmThe Campion School
More reading links
Public Transport Nearby
From 1, Hall Terrace, Romford, the nearest station is Harold Wood, 900 metres away.
- 900mHarold Wood
- 3.1kmGidea Park
- 3.7kmEmerson Park
Available Internet Speeds
Broadband here reaches ultrafast speeds, based on recent Ofcom data.
According to recent data from Ofcom, Ultrafast broadband is available in the area.
Risk of Flooding
The flood risk here is rated very low, based on Environment Agency data.
