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Bricks&Logic is a trading name of Urban Markets Ltd
Company No. 11113204
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VAT No. GB 287 0845 68
Registered Address: 2 Leman St, London E1 8FA
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According to the public record, 1, Hockley Drive, Romford is a early-century freehold house with 2,626 ft2 of internal area and sits on a 863 m2 plot.
Houses of this size in this area normally have 5 bedrooms with a garden.
Based on available information, and assuming reasonable condition, the estimated sale value for 1, Hockley Drive, Romford is £1,271,213 and the estimated rental value is £4,389 per month.
Hockley Drive, Romford, RM2 is located in the borough of Havering within the RM2 postal district.
1, Hockley Drive, Romford has a single entry in the Land Registry from November 2016 and a single entry in the EPC database dated April 2016.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 2 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, Hockley Drive, Romford is in very good condition we estimate a sale value of £1,334,774 and a rental value of £4,608 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £1,182,228 and a rental value of £4,082 per month.
Over the last 12 months the sale value of 1 Hockley Drive Romford has increased by an estimated £6,036 (0.5%) and its rental value has increased by an estimated £70 per month (1.6%), giving an expected gross yield of 4.1%.
According to data from HM Land Registry, 1, Hockley Drive, Romford sits on a plot of 863m2.
We have plot size data on 8 out of 8 other houses in the postcode and 1, Hockley Drive, Romford sits on the largest plot.
1, Hockley Drive, Romford has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 12 Apr 2016.
The property is connected to mains gas and has mostly double glazing. It is heated using Boiler and radiators, mains gas.
According to HM Land Registry, 1, Hockley Drive, Romford was last sold on 29th November 2016 for £980,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since November 2016, the market for similar properties has dropped 11.9%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 1, Hockley Drive, Romford within a radius of 670 metres over the last 2 years.
The most recent example is 29, Links Avenue, Romford, RM2 6NB, a freehold house which sold for £1,100,000 on the 16th February 2023.
Read more about house prices in RM2.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Hockley Drive, Romford, RM2 has a total of 8 addresses. According to our analysis of all the public data, 1, Hockley Drive, Romford is the 2nd largest and the 2nd most expensive property on the street.
When compared to the postcode district it is £718k more expensive than the average property in RM2.
The nearest school is The Royal Liberty School which is 600 metres away. The nearest train station is Gidea Park which is 1.0 kilometres away.
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